A new partnership between the European Investment Fund (EIF) and national promotional institutions from Croatia, Lithuania, Poland, Romania, and Slovenia has been announced to strengthen infrastructure investment across Central and Eastern Europe. The agreement was formalised through a Memorandum of Understanding signed at the Three Seas Initiative Summit in Dubrovnik, with the aim of mobilising at least €2 billion for strategic infrastructure projects.
The initiative will establish the Three Seas Initiative Infrastructure Fund of Funds, which is designed to channel public and private investment into key sectors such as energy, transport, digital connectivity, and social infrastructure. Participating countries are expected to contribute around €250 million collectively, with the EIF matching investments at the level of supported funds to help attract additional private capital.
Officials highlighted that the initiative will help accelerate economic growth, strengthen regional competitiveness, and support Europe’s green and digital transitions. It will also improve infrastructure connectivity across Central and Eastern Europe, supporting long-term development and job creation while enhancing economic resilience in the region.
The fund will support both established international fund managers and emerging investment teams from the region, helping to strengthen local financial markets and improve access to long-term financing for infrastructure projects. The structure is intended to reduce investment risk while ensuring wider distribution of funding across countries and sectors.
The initiative builds on existing Three Seas Initiative investment programmes and reinforces the European Investment Fund’s role in supporting regional development. By combining public resources with EIF expertise, the partnership aims to unlock large-scale infrastructure investment and deliver impactful projects that improve competitiveness and connectivity across the region.
