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Smart cities as foundation to sustainable future
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Raluca Munteanu (IULIUS): Our mission is to create genuine urban regeneration projects
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IFC, member of the World Bank Group, provides Palas Campus Iasi funding of approximately 72 million euros for the construction and operation of an energy-efficient office building, which will be used by companies in the IT&C field, IFC announced in a press release sent to AGERPRES on Tuesday.
This is the first green loan granted by IFC to a Romanian company based in Romania. Iulius Holding is a local developer of real estate projects with multiple purposes, holding a diverse portfolio of properties throughout Romania.
The building will be one of the largest office compounds in the country and is part of IFC s extensive effort to contribute to the construction of an environmentally friendly business infrastructure, which will attract foreign investment and facilitate the diversification of the Romanian economy.
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