Nordic Investment Bank (HQ)

Urban Infrastructure Investments in Pärnu, Estonia

Last update: Oct 29, 2021 Last update: Oct 29, 2021

Details

Location:Estonia
Estonia
Category:Unspecified/other
Status:Approval
Sectors:Urban Development & Housing
Contracting authority: City of Pärnu (Estonia)
Contracting authority type:Government / Public Sector
Eligibility:Unknown
Budget: EUR 35,000,000
Date posted: Oct 29, 2021

Attachments 0

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Estonia. City of PärnuDate of agreement: 27 Oct 2021Country: EstoniaCustomer: City of PärnuAmount in EUR: EUR 35 millionMaturity: 30 yearsNACE sector / loan type: Loan programmeProjectThis uncommitted credit facility was made available to finance the City
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tender Background

About the Funding Agency

NIB finances projects that improve competitiveness and the environment of the Nordic and Baltic countries. The Bank offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank has lending operations both in and outside its member countries. NIB acquires the funds for its lending by borrowing on the international capital markets. NIB's bonds enjoy the highest possible credit rating.

Type of projects: services, supply, works.

In order to see NIB opportunities on DevelopmentAid, please click here.

About the Sectors

Urban Development & Housing

Focuses on planning, developing, and managing urban areas and housing systems to create sustainable, inclusive, and livable cities.


Key areas:
  • Urban planning and city development
  • Urban infrastructure and civil works
  • Housing management and housing conditions
  • Social, affordable, and residential housing

Locations

Estonia

Estonia prioritizes digital infrastructure, rail connectivity, and energy security to support economic competitiveness and regional integration. Projects such as Rail Baltica enhance transport links with neighboring Baltic and European markets. Financing relies on national budgets, EU funds, and private sector investment. Cybersecurity, renewable energy expansion, and regional connectivity remain central infrastructure priorities.

Nr. of tenders: 8049
Nr. of grants: 15569
Nr. of donors: 529
Nr. of jobs: 12
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