Release date: 19 December 2003
Promoter – Financial Intermediary
City of Espoo, City of Kuopio, City of Oulu, City of Turku, Oulu Region Joint Authority for Vocational Training.Location
Description
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.
Objectives
Improving education facilities.
Comments
Education.
Sector(s)
Proposed EIB finance (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).
Total cost (Approximate amount)
EUR 443 million.
Environmental aspects
Education activities are not specifically mentioned by Council Directive 97/11/EEC on Environmental Impact Assessment (EIA). No significant environmental impacts are anticipated.
Procurement
Procurement procedures applied will be in compliance with EEC Council Directives and national legislation, applicable to public authorities’ procurement.
Status
Signed - 21/11/2003
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).