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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