NIB funds Oslo Airport Gardermoen expansion

20 October 2011 (Last Updated October 20th, 2011 18:30)

Nordic Investment Bank (NIB) has agreed to provide a €192m loan to expand Oslo Airport Gardermoen in Norway.

Nordic Investment Bank (NIB) has agreed to provide a €192m loan to expand Oslo Airport Gardermoen in Norway.

The loan will have a maturity period of 20 years and will be used to finance the expansion of Gardermoen through the construction of a new terminal and a pier.

The project will increase the capacity of the airport to 28 million passengers by 2017 and to 35 million passengers in the future.