Page 15 - U4SSC Compendium of practices on innovative financing for smart sustainable cities projects
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CASE STUDIES ON INNOVATIVE FINANCING
1 Education - University Campus in a smart sustainable city Vilne
(Ukraine)
Size of investment: USD 205 million
Start date: 2020
End date: 2050
Project stage: implementation
Project partners
• Public partners:
o Ministry of Education and Science of Ukraine
o V.I. Vernadsky Taurida National University
o State Road Fund
• Private partner: Vilne LLC – initiator of the public-private partnership (PPP)
Project description
The innovative university campus will be constructed as part of the creation of a new sustainable
city Vilne, located between Kyiv and the village of Bilogorodka. The aim of the new city and campus
is to prevent excess dependence on the city of Kyiv by providing a maximum of activities on site,
including education, work, sports and recreation. The new city and university campus will be created
on a 26.3-hectare plot of land belonging to Vilne LLC, comprising 110 000 m² of non-residential
buildings, 95 000 m² of student dormitories, and 95 000 m² of residential buildings for teachers.
The project was initiated by the Taurida National University, which was relocated to Kyiv in mid-2016.
The new campus will allow the university to increase the number of students from 3 500 to 18 000.
The university campus and new city Vilne will be built using new modern construction approaches
and technologies, to ensure that it is green and energy efficient. The project is a people-first public
private partnership (PPPP); it ensures that “people” are prioritized above all stakeholders. Its focus is
on improving the quality of life of the community by creating local and sustainable jobs, promoting
gender equality and access to education for all. All citizens of the new city Vilne will have access
to adequate, safe and affordable housing and basic services, accessible and sustainable transport
systems, and universal access to green and public spaces.
Compendium of practices on innovative financing for SSC projects | January 2023 3
