Green light for International School in Eindhoven
The cabinet will grant a loan of 7 million euros to the International Campus Eindhoven. This completes the financing of the new international school.
The international school will be housed in the former Constant Rebecque barracks. The total investment is 32.5 million euros, which will primarily be provided by the Eindhoven local authority. Neighbouring municipalities and the province of Noord-Brabant will also contribute to the total cost of relocating the school.
The cabinet loan will come from the FES (fund for economic structural reinforcement), which is financed by income from natural gas. The cabinet decision complies with a motion submitted by Christian democrat (CDA) MP Ten Hoopen for the completion of the new international school in Eindhoven.
Source: NIS News, 1 July 2008
