EIB loan for Norway airport expansion
23 October 2015
The European Investment Bank (EIB) has provided a 鈧200 million loan to Norwegian airport operator Avinor for the expansion and upgrade of Bergen airport.
The project will help growing traffic demand and improve passenger services at Norway鈥檚 second-busiest airport, EIB said.
The construction will see a third terminal and a light rail station added, to improve public transport links between the airport and the city centre.
Jan Vapaavuori, EIB vice-president, said, 鈥淭he EIB has made supporting strategic transport infrastructure one of its priorities. Bergen airport is the key international gateway in western Norway and part of the extended Trans-European Transport Network (TEN-T).
鈥淲e are therefore pleased to support Avinor鈥檚 investment, as it will enhance capacity and improve the operational efficiency of Norway鈥檚 second busiest airport while also increasing its environmental performance.鈥
Meanwhile, the EIB has approved nearly 鈧7 billion of loans expected to support investment in key roads, flood protection and university expansions around the world.
More than 鈧1 billion will go to projects outside the European Union.
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