The social development bank in Europe

Pre-schools/schools in the City of Stockholm

  • Approval date

    14 March 2019

  • Borrower

    City of Stokholm

  • Country

    Sweden

  • Loan size

    € 200 000 000

  • Line of action

    Sustainable and inclusive growth
    Climate action: developing adaptation and mitigation measures
    Integration of refugees, displaced persons and migrants

  • Status

    In progress

This PFF (Public Sector Financing Facility) will part-finance eligible investments in 72 infrastructural sub-projects (35 pre-school facilities and 37 primary school facilities). In particular, the loan will part-finance the construction of 36 new educational facilities and the restoration, renovation or extension of 36 existing facilities. Final beneficiaries will be pre-school and compulsory school children of existing and future educational establishments, including the children of migrants and refugees, across all 14 districts of Stockholm. They will benefit from new and renovated facilities, as well as the creation of 18 000 additional places.