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Nord Pas de Calais: Caisse des Dépôts supports the development of the Region
Territory development - 02 February 2012
The Regional Council of Nord Pas de Calais and Caisse des Dépôts signed on 31 January several loan agreements to finance projects of transport infrastructure, of modernization of the university real estate property and of the urban affairs.
Caisse des Dépôts is thus raising €375mn of financing on savings funds for the Region, to assist in structural projects.
Financing of sustainable infrastructure
As part of the €8bn envelope for the 2009-2013 period dedicated to sustainable infrastructure, Caisse des Dépôts has set up two loans on savings funds to assist the Nord-Pas de Calais region in the financing of transport infrastructure projects and projects to modernise university buildings:
- a first loan of €228.6mn over the 2011-2015 period will enable the financing of railway infrastructure and station disabled access operations, the creation of multi-modal transport hubs, the implementing of in separated lane public transport projects and investment operations on the Region’s network of waterways;
- a second loan of €38.6mn over the 2011-2015 period will contribute to the funding of three learning centres* (dedicated to innovation, archaeology, and Egyptology and religious practices), the construction of the research building of the International Campus for Transport Security and Intermodality, and several operations registered under the 2007-2012 State-Region project contract (particularly a building dedicated to the European Genomic Institute for Diabetes and the operation to rehouse the Institut d’Etudes Politiques de Lille).
Financing of urban policy
As part of the State-Region-Anru (Agence nationale de rénovation urbaine) regional agreement for the 2005-2013 period, the Region is raising €310mn to support complex urban renovation projects. Within this framework, Caisse des Dépôts has granted the Region urban renewal loans to finance the contributions the Region grants to local authorities:
- a first loan of €42mn for the operations conducted in 2011;
- a second loan of € 5.7mn for the operations planned in 2012.
Special funding of 2011 investments
Lastly, at the request of the public authorities, Caisse des Dépôts raised in November 2011 a budget of €3bn complemented by a second budget of €2bn to meet local authorities’ investment operation financing needs for their 2011 and 2012 investment budgets. As part of this operation, Caisse des Dépôts granted €40mn in loans on savings funds to meet the Region’s investment operation financing needs for the 2011 fiscal year.
* A 21st century learning centre or library is a place of learning which brings together knowledge on a particular issue via accessible resources and innovative tools adapted to a variety of users.
