Federal Council approves loan to finance demolition and reconstruction of ITU headquarters building in Geneva
Bern, 22.4.2020 - On 24 April 2020 the Federal Council approved a loan of CHF 95.6 million to the Foundation for Buildings for International Organisations (FIPOI) to finance the demolition and reconstruction of one of the headquarters buildings of the International Telecommunication Union (ITU) in Geneva. The works are scheduled over the five-year period from 2022 to 2026.