Prague plans investments of around half a billion crowns for city districts in 2026

Prague is planning extensive investments in its city districts for 2026. In total, around half a billion crowns is set to be invested in schools, care facilities, housing projects and public infrastructure. The aim is to further improve the quality of life in the individual districts and advance important municipal projects.

The City of Prague plans to allocate a total of 474.5 million crowns this year in the form of earmarked subsidies to the individual city districts. The funds are primarily intended for education, healthcare, housing and public infrastructure projects.

According to the city administration, the funding will come from the reserve designated for Prague’s city districts. The goal is to modernise important municipal projects, expand the capacity of public facilities and improve the quality of life in the individual districts over the long term.

Among the largest planned investments is the construction of a new care home with assisted living facilities in the Řepy district, for which 100 million crowns have been allocated. A further 100 million crowns is to be invested in the expansion and modernisation of primary schools in Prague 4.

Additional funding has also been earmarked for the construction of a new building for a long-term care facility in Prague 6, which is set to receive support worth 75 million crowns. In Prague 8, the city is also planning the renovation of residential buildings in the U Draháně area, for which 20 million crowns will be provided.

Smaller projects in the city districts are also expected to benefit from the subsidies. Six million crowns has been allocated for the purchase of land for a sports and recreation zone in Praha-Benice. Another six million crowns is set to be invested in Prague 13 for the conversion of school buildings into housing for teachers.

“The proposed distribution of funds reflects the specific needs of the city districts and focuses on projects that address urgent problems, expand the capacity of public services and create long-term added value for the development of the capital,” said Prague’s Finance Councillor Zdeněk Kovářík.

According to the city, Prague is placing particular emphasis on the efficient use of financial resources and the balanced development of the individual districts.