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Moldova Secures €51.5 Million for School Infrastructure Overhaul

A €40 million loan from EIB Global is set to trigger a €51.5 million upgrade for 20 Moldovan schools, targeting improved safety and energy efficiency for 40,000 students. This project marks the first EIB operation in the country linked to the European Union’s Growth Plan for Moldova.

Moldova Secures €51.5 Million for School Infrastructure Overhaul

The initiative aims to address widespread infrastructure challenges by renovating classrooms and modernizing essential building systems. Planned works focus on fire safety, accessibility, and climate-conscious upgrades, including thermal insulation and renewable energy integration. By lowering energy consumption and operational costs, the government intends to redirect savings toward direct educational activities and long-term student support.

Prime Minister Alexandru Munteanu and Education Minister Dan Perciun emphasized that these renovations serve as a bridge between current national development goals and the European Union’s standards. The financing package includes the primary loan, an €8 million contribution from the Republic of Moldova, and an anticipated €3.5 million grant from the EU’s Neighbourhood Investment Platform. EIB Vice-President Karl Nehammer noted that the project is designed to foster a more stable learning environment, directly aligning with the country's Education Development Strategy 2030.

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