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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
    28/10/2005 : € 25,000,000
    12/03/2004 : € 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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