Bank Loans For Trento Province And University Allocated


News: European Investment Bank (EIB) granted three loans, worth a total EUR249mn (USD345.48mn), to develop Trento Province and the University of Trento, in Italy. Of the total, EUR145mn (USD201.18mn) has been allocated to renewable energy projects and other priorities, EUR34mn (USD47.17mn) to social amenities and EUR70mn (USD97.12mn) to the university. Part of the funds allocated to the University of Trento will be used to upgrade infrastructure. This includes building a structure to house the engineering department's library, conversion and modernisation of the mathematics and physics department, construction of a technical centre and converting a tobacco factory into a neuroscience research facility.

This article is tagged to:
Sector: Infrastructure
Geography: Italy

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