Support to the Government for modernization of public buildings in Lithuania
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Approval date
26 January 2024
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Borrower
Republic of Lithuania
- Country
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Loan size
€ 57 500 000
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Line of action
Promoting Inclusive and Resilient Living Environments
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Status
In progress
The Public Sector Finance Facility (PFF) will co-finance renovation of the public buildings to ensure energy efficiency and accessibility of public services to vulnerable groups, local communities and general public. The PFF will co-finance, together with the Nordic Investment Bank, pre-selected investments in the amount of €184 million in the portfolio of Turto bankas, the Lithuanian Government’s fund responsible for management of state property.
Final beneficiaries: staff and customers of public institutions based in reconstructed buildings, including vulnerable groups such as persons with disabilities, children, the elderly, refugees and migrants.