The social development bank in Europe

Sustainable municipal infrastructure and support to job creation in MSMEs in Thuringia

  • Approval date

    28 September 2018

  • Borrower

    Thüringer Aufbaubank

  • Country

    Germany

  • Loan size

    € 50 000 000

  • Line of action

    Sustainable and inclusive growth
    Climate action: developing adaptation and mitigation measures

  • Status

    In progress

The loan will part-finance the modernisation of urban and rural infrastructures, including energy efficiency, and support MSMEs in the financing of fixed assets and productive equipment in order to promote the attractiveness and development of the Free State of Thuringia. Final beneficiaries will be a wide range of the population of Thuringia, especially children, their parents and elderly persons living in rural areas, as well as eligible MSMEs and job seekers throughout the region.