The European Investment Bank (EIB) is planning to provide €30 million ($37 million) to the Prešov regional administration to improve transport and social infrastructure in Slovakia.
The Prešov Region will use the loan to upgrade and renovate several types of infrastructure, such as roads, bridges, schools and cultural centers. Projects will include a library, a specialized nursing home for the elderly, and an educational and community center.
This is the third loan approved by the EIB for investments in key regional infrastructure in the region of Prešov, following two previous loans signed in 2006 and 2014.
“The EIB’s continued support for the Prešov region will improve the quality of life of its people and offer them better connectivity with safer roads, as well as modern and efficient public services in education, social care and culture,” said Lilyana Pavlova, vice president of EIB.
