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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Finland : € 250,000,000
Education : € 250,000,000
Signature date(s)
21/04/2006 : € 20,000,000
21/11/2003 : € 20,000,000
23/04/2004 : € 20,000,000
12/03/2004 : € 25,000,000
28/10/2005 : € 25,000,000
23/04/2004 : € 30,000,000
29/03/2005 : € 30,000,000
6/09/2004 : € 35,000,000
12/03/2004 : € 45,000,000
Link to source

Summary sheet

Release date
19 December 2003
Status
Reference
Signed | 21/11/2003
20030084
Project name
Promoter - financial intermediary
Finnish Regional Education (AFI)
City of Espoo, City of Kuopio, City of Oulu, City of Turku, Oulu Region Joint Authority for Vocational Training.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250 million: City of Espoo (EUR 100m), City of Kuopio (EUR 35m), City of Oulu (EUR 45m), City of Turku (EUR 20m), Oulu Region Joint Authority for Vocational Training (EUR 50m).
EUR 443 million.
Location
Sector(s)
Description
Objectives

The programme consists of the investment plan (2002-2006) of the City Education Department of the respective cities and of the joint authority. It incorporates the construction of 50 new comprehensive and upper secondary schools, 30 vocational schools, 20 polytechnics, expansion and upgrading of buildings and teaching facilities in several existing schools. This investment will provide additional places for some 30,000 students.

Improving education facilities.

Environmental aspects
Procurement

Education activities are not specifically mentioned by Council Directive 97/11/EEC on Environmental Impact Assessment (EIA). No significant environmental impacts are anticipated.

Procurement procedures applied will be in compliance with EEC Council Directives and national legislation, applicable to public authorities’ procurement.

Comments

Education.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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