The social development bank for Europe

Municipal infrastructure investments in the City of Tartu

  • Approval date

    29 January 2021

  • Borrower

    City of Tartu

  • Country

    Estonia

  • Loan size

    € 20 000 000

  • Line of action

    Inclusive growth

  • Status

    In progress

A €20 million Public sector Financing Facility to support the City of Tartu’s four-year budget strategy for the construction of new structures and the restoration, renovation and extension of existing facilities.

Final beneficiaries will be the inhabitants of the City of Tartu and surrounding municipalities, who will benefit from improvements in the City’s infrastructure and facilities, in particular, pre-school and school children, households in difficulty and the elderly.