The city of Vilnius, Lithuania, has extended the deadline to submit expressions of interest (EOI) to develop a multifunctional hub (MH) through a public-private partnership (PPP) project.
The deadline has been extended from 1 October 2014 to 10 October 2014.
The new MH will be carried out in a 22.9 ha territory located near to the city's busiest commercial area. Creating a Multifunctional facility for sport, education, culture, health and business is intended to contribute towards the city's sustainable development. The project involves specifically:
The contract to establish and operate the new MH will have a period of 25 years. Co-financing using EU funds is being considered for this project.
Implementing this project will benefit Vilnius in a number of ways: by promoting leisure activities for children and young people, by enabling the attainment of higher levels of education and health, and by improving the environment for business activities.