LUXEMBOURG EIB
December 1st, 2004
BY KEITH NUTHALLA DISUSED steel works site in Luxembourg is to be cleared and redeveloped as the science faculty of the grand duchy's planned first university. The European Investment Bank (EIB) has announced it will lend up to Euro 200 million to fund the construction of a science, research and innovation park at the former Belval steel works, near Esch-sur-Alzette. Said the EIB: "This will contribute to the redevelopment of that part of the country still disfigured by the presence of abandoned steel production sites". The money will be funnelled via the Fonds ...
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