News
13 October 2020

EIB finances transport, healthcare, education projects in Central Bohemia

In:
Social infrastructure
Region:
Europe

The European Investment Bank has signed a CZK1.3 billion loan (€48 million, $56.5 million) with Středočeský kraj, the Region of Central Bohemia in Czech Republic, to improve healthcare, transport, social care and education infrastructures, as well as to increase energy efficiency of public buildings. 

The loan will cover the construction, modernisation and optimisation of the medical facilities of the region. It will enable the medical infrastructures to achieve higher efficiency, increased service quality, energy savings, as well as improved emergency preparedness, notably to cope with pandemics such as the COVID-19.

Investment in the transport sector will include improvements of the intra-regional connectivity, which will result in safer roads and reduced traffic congestion. The project will also help improve the quality of public services in the sectors of education and culture, thanks to the construction and rehabilitation of dedicated buildings.

The first drawdown should be this year for a total of 52 projects, of which 17 are projects in the field of healthcare (CZK2 billion), 15 projects in the field of road transport (CZK449 million), two projects in the field of education (CZK176 million), four projects in the field of social affairs (CZK255 million) and 14 projects in the field of energy savings (CZK152 million).

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