NIB finances port expansion in central Sweden
(Thomson Reuters ONE) -
Nordic Investment Bank (NIB) has provided a loan of SEK 500 million (EUR 54
million) to Gävle kommun for the financing of infrastructure projects in the
Swedish port Gävle hamn.
Gävle hamn is in a phase of expansion and is investing in new quays, larger port
areas, a new entrance fairway and improved rail connections. The investments
will increase the port's transport capacity by 40%, from the present 5 million
tonnes to over 7 million tonnes of goods handled at the port's quays each year.
"The expansion in infrastructure that NIB is financing is of importance for the
competitiveness of companies both in the region and the whole country," says
Johnny Åkerholm, President and CEO of NIB.
The port has, among others, a growing container business and is of national
interest as an industry and energy port, given its strategic location in heavily
industrialised central Sweden.
Gävle kommun is a municipality in east central Sweden with a population of about
95,000. Gävle hamn (the Port of Gävle), fully owned by Gävle kommun, is one of
Sweden's largest import and export terminals with regular services to European
ports.
The Nordic Investment Bank is the common international financial institution of
the eight Nordic and Baltic countries. NIB provides long-term financing to the
energy, environmental, transport, logistics and communications, and innovation
sectors for projects that strengthen competitiveness and enhance the
environment. NIB has the highest possible credit rating, AAA/aaa, with the
leading rating agencies Standard & Poor's and Moody's.
For further information, please contact
Ulf Westergård, Senior Manager, Origination,
tel. +358 10 618 0717,ulf.westergard(at)nib.int
Nina Monsen, Senior Communications Specialist, tel.
+358 10 618 0291,nina.monsen(at)nib.int
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Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE
[HUG#1568449]
Unternehmensinformation / Kurzprofil:
Datum: 02.12.2011 - 11:50 Uhr
Sprache: Deutsch
News-ID 93523
Anzahl Zeichen: 2706
contact information:
Town:
Helsinki
Kategorie:
Business News
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"NIB finances port expansion in central Sweden"
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