EIB lends €240 million for Warsaw infrastructure development

Finance and Related Services

The European Investment Bank (EIB) has approved €240 million long term loan agreement to finance municipal infrastructure projects in Warsaw, Poland.

The financing is aimed to support the city’s 2014-2019 investment pertner programme, consisting projects related to education, mobility schemes, social and healthcare.

Construction of the city’s inner ring road and cycle routes, revamping of streets and modification of the street infrastructure are also included as part of investment programme.

These investments made by EIB will improvise long-term economic development in the municipality and impart to implementation of the city’s significant development policy.Read complete story at http://www.tendersontime.com/blog-detail/eib-lends-euro240-million-warsaw-infrastructure-development-142.php