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    Reference: 20190416
    Release date: 10 October 2019

    Promoter – Financial Intermediary




    The project targets new construction and renovation of education infrastructure in the City of Malmö, in southern Sweden. The sub-projects include elementary schools and pre-schools in different parts of the city.


    The project will contribute to human capital formation and hence the knowledge economy in Sweden. It is aimed at upgrading and modernising the city of Malmö's pre-primary, primary and lower secondary education estate in order to improve the learning environment for students and the working conditions for teachers. Additionally, the refurbishments completed as a part of the project are expected to improve the energy efficiency of the education infrastructure.


    Proposed EIB finance (Approximate amount)

    SEK 1600 million (EUR 153 million)

    Total cost (Approximate amount)

    SEK 3328 million (EUR 319 million)

    Environmental aspects

    Directive 2014/52/EU amending the EIA Directive 2011/92/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, educational facilities may fall under Annex II of the Directive with respect to Urban Development. The public buildings will be required to at least meet the energy efficiency targets as defined in Directive 2010/31/EU on the energy performance of building and Directive 2012/27/EU on energy efficiency.


    The EIB will require the promoter to ensure that contracts for the implementation of the project have been or will be tendered in accordance with the relevant applicable EU procurement legislation 2014/24/EU or Directive 2014/23/EU where applicable, as well as Directive 89/665/EEC] as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.


    Signed - 10/12/2020


    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).

    Related tags

    Sweden Education