City of Tallinn takes €100 million EIB loan for better urban infrastructure
The European Investment Bank has signed a €100 million loan agreement with the City of Tallinn for its multi-year investment programme in urban infrastructure. Tallinn’s priorities for investment under its sustainable urban renewal programme are expected to benefit the people living in Estonia’s capital as well as tourists. Projects to be funded with the EIB loan include public buildings, urban mobility and the upgrading of public spaces, green areas and municipal infrastructure.