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Lithuania Municipal Infrastructure Development Program
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Name |
Lithuania Municipal Infrastructure Development Program |
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Active |
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Funding Mechanism |
Loan fund |
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Duration |
2000-2004 |
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Objectives |
To provide funding for the introduction of energy conservation means and the refurbishment of public facilities. |
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Sponsors |
Lithuanian Ministry of Finance , Lithuania Housing and Urban Development Foundation |
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Eligible Sectors |
Local Authorities, Home Owners Associations, and owners of detached houses |
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Eligible Projects/Technologies |
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Environmental protection, energy savings and insulation of residential and public facilities, heat supply, water supply, waste treatment, waste handling, and transportation. |
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Fund Endowment |
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Terms |
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-Funding Instruments |
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-Interest Rates |
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-Payback |
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-Size |
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-Collateral |
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-Share of loan in project cost |
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-Loan criteria |
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Comments |
Objectives of the Fund are as follows:
1) development of project financing scheme for habitat and urban development under market economy conditions
2) promotion of energy conservation and private initiative while introducing projects of energy conservation and habitat refurbishment
3) development of institutional infrastructure to provide services on preparation and implementation of habitat and urban development investment projects |
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Sources |
World Bank |
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Contact Information |
2) Eduardas Kazakevicius e.kazakevicius@hudf.lt |
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