K Law acted as legal advisor to the Communaute française de Belgique in relation to a EUR 600 million project financing transaction with the European Investment Bank (EIB), the highest loan ever granted by the EIB in Belgium. The loan will serve to finance the investment program of the Communaute francaise de Belgique in the fields of education, research, sports and culture. Ministers Rudy Demotte and André Flahaut, and the Vice-President of the EIB, Pim van Ballekom, signed on 6 December a first tranche of EUR 400 million.
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