Luxembourg, 19/05/2004 (Agence Europe) - The European Investment Bank (EIB) has just provided a EUR 35 million loan (approx. GBP 23.5) for the upgrading of the education infrastructure of Cornwall (South West England), an assisted region (Objective 1 area). The project covers the construction, refurbishment and maintenance of 1 secondary and 16 primary schools located around the towns of Truro and Penryn and it is financed under the Public-Private-Partnership scheme (PPP). It is fully in alignment with the EIB lending priority to improve the quality and effectiveness of education and training, facilitating access to education and increasing the accessibility of lifelong learning. It will be implemented under the Concession Contract between the Cornwall County Council and a special purpose concession company owned by Interserve Plc and the Bank of Scotland. Construction and facilities management services will be provided by Interserve Project Services Ltd.