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The European Investment Bank. Credit: Oscar Romero
The European Investment Bank (EIB) has approved a €133 million loan to the regional government of Andalucía to fund major infrastructure projects in healthcare, education, digitalisation, and sustainable transport.
The agreement announced via a press release on June 24, 2025, forms part of the EU’s 2021–2027 cohesion funding strategy and is set to benefit multiple provinces across southern Spain.
Funding to modernise Andalucía’s public services
The new loan, signed between the EIB and the Junta de Andalucía, will co-finance a wide range of social and environmental projects under the EU’s cohesion policy operational programme. It aims to boost economic, social, and territorial cohesion in the region – an area designated by the EU as needing additional structural support.
According to EIB funding, it will:
- Renovation of hospitals and schools, including climate adaptation work
- Training and Job Incentives, Labour Inclusion Schemes
- Digitalisation and R&D in universities
- Projects for sustainable urban mobility and energy transformation
A part of an overall investment strategy in Spain
This latest agreement marks the third major EIB loan to Andalucía under the 2021–2027 funding cycle. The previous deals included €195 million in December 2022 and €215 million in April 2024.
In total, the EIB Group signed €12.3 billion in new financing in Spain in 2024 alone, helping fund over 100 high-impact projects aimed at boosting economic competitiveness and environmental sustainability.
Why Andalucía?
Andalucía is classified by the EU as a “cohesion region,” meaning it faces development challenges compared to more affluent parts of Europe. The investments are in accordance with the Paris Climate Agreement. As the EIB committed to ensure that all supported projects contribute towards climate action or improvement of the environment.
What is the blueprint for future EU expenditure?
With Brussels ramping up climate and digital spending across the bloc, Andalucía’s large-scale investments may serve as a model for other EU regions facing similar socio-economic challenges.
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