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Finland Project Notice - VANTAA EDUCATION INFRASTRUCTURE III


Project Notice

PNR 69256
Project Name VANTAA EDUCATION INFRASTRUCTURE III
Project Detail The project finances selected education investments from the City of Vantaas investment plan. This concerns both new construction and major renovations, including also extension and replacement of existing obsolete facilities. The sub-projects are located in different parts of the city and accommodate different levels of education from pre-primary to lower secondary education. Objectives By contributing to the modernisation and adaptation of school infrastructure in both early childhood education and care and basic education, the aim is to improve the quality of education in Vantaa and, more broadly, in Finland, and a better allocation of resources in the education sector. A good level of education and a good quality of education accessible to all are essential for the economic, social and intellectual development of a country. The project is in line with the European Education Area 2025 strategy, EU priorities and objectives, as well as national and local priorities in education. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation and climate adaptation. Therefore, the project is conformed with Article 309 point (c) common interest of the Treaty on the functioning of the European Union. Sector(s) Education - Education Proposed EIB finance (Approximate amount) EUR 350 million Total cost (Approximate amount) EUR 737 million
Funded By European Investment Bank (EIB)
Sector Education and Training
Country Finland , Western Europe
Project Value EUR 737,000,000

Contact Information

Company Name VANTAAN KAUPUNKI
Web Site https://www.eib.org/en/projects/pipelines/all/20240626

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