Sweden: Nordic Investment Bank Finances Gavle Port Expansion

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.

[mappress]

Dredging Today Staff, December 2, 2011;

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