EIB finances major expansion of Stockholm metro - one of Europe's largest urban transport projects
Sweden, May 26 -- The European Investment Bank (EIB) is stepping up its support for a project to expand the Stockholm metro by providing additional loans to the Region of Stockholm and the City of Stockholm. The EIB will provide a total of SEK 4.5 billion in financing, which equates to around €400 million. Including these new loans, the EIB has provided a total of over SEK 12 billion (more than €1 billion) for the project in Sweden's capital.The project to expand the Stockholm metro is one of the largest infrastructure projects in Sweden to have been funded by the European Union and is the largest investment that the EIB has ever made in public transport in Sweden. The metro project involves three new 30-kilometre sections in th...
To read the full article or to get the complete feed from this publication, please
Contact Us.