Mayor Kõlvart: EU funding for construction of Tallinn Hospital is certain
Mayor of Tallinn Mihhail Kõlvart stated that the city is moving forward with the Tallinn hospital construction project as if €280 million is already secured. He said: “The way we understood the message was that the funding meant for Tallinn Hospital is certain. I also understand that Ms von der Leyen gave a positive assessment for the Tallinn Hospital project, that it truly is a necessary project”.
Mayor Kõlvart also noted that the city’s contribution will likely have to be higher than initially planned: “Our initial plan was to contribute €100 million. We currently see that this will likely grow. By the time it reaches the point of announcing a construction procurement, prices will have already grown 30 percent by some estimates”.
The current budget for the Tallinn Hospital project stands at €520 million, over half of which should come from the EU’s recovery and resilience plan for COVID-19 recovery. The expected sum to be allocated for the project from the recovery fund is €280 million and Tallinn city government has promised to contribute €100 million, reports ERR.
Mayor Kõlvart also said finding a co-investor for Tallinn’s Linnahall building would aid in finding funding for the Tallinn Hospital project.
Photo credit: Siim Lõvi /ERR