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.

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

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