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Add to Preferred SourcesCEB Vice-Governor for Target Countries Tomáš Boček signed two loan agreements for a total of €125 milion and met senior government figures, mayors, representatives of local authorities and promotion institutions during a three-day official visit to Lithuania.
Vice-Governor Boček also paid a visit to the municipalities of Jonava and Rukla, where the CEB-funded cultural and housing facilities support integration of migrants and refugees.
Vice-Governor Boček and Minister of Finance Vilius Šapoka signed a €100 million loan agreement to support Lithuania’s State Investment Programme. The funding will be used to finance the construction and renovation of public infrastructure and bolster ‘Lithuania 2030,’ the national strategy focusing on ‘smart society, smart economy and smart governance’. The latest loan is the third CEB operation to support strategic investment in Lithuania, following a €100 million loan in 2014 and a €130 million loan approved in 2009.
The meeting also welcomed the cooperation of state institutions with the CEB in the preparation of a study on social and affordable housing sector in Lithuania.
Later, Vice-Governor Boček met the Mayor of Kaunas Visvaldas Matijošaitis and signed an additional loan agreement of €25 million to fund investments driven by the City’s development plan. More than half of the City’ existing €25 loan with the CEB, approved in 2019, has already been allocated to finance better access to education, health, sports, social and cultural facilities. Overall CEB investments are expected to improve municipal services for the 290,000 inhabitants of the City of Kaunas and the 560,000 people living in Kaunas region.
Vice-Governor Boček was also received by the Mayor of Vilnius Remigijus Šimašius, with whom he discussed an ongoing loan operation as well as further collaboration opportunities. CEB funding in the amount of €35 million is helping Lithuania’s capital city implement its strategy – to become a friendly, comfortable, changing and innovative place.
Original source: CEB
Published on 09 March 2020