The Board of the European Investment Bank (EIB) approved a total of EUR 5.8 billion of new financing for 29 projects in the European Union, Africa, and Latin America. With this approval, the EIB expects to finalise financing for new investment in energy, telecommunications, transport, urban development projects and business lending programmes.
The EIB Board approved EUR 1.7 billion of new transport investment to improve mobility and accessibility in Europe. It agreed to EUR 788 million support for the construction of three extensions of the Stockholm metro with a total length of 19.6 km and 11 underground stations. The bank will also support the acquisition of 161 new trains to reinforce the rolling stock of the Italian Lombardy Regions. It also approved financing to acquire 18 new trains for the Tunis Goulette Marsa suburban line in Tunisia with EUR 45 million.
EUR 350 million will go to the upgrade of Dublin airport’s infrastructure including the construction of a parallel taxiway and the improvement of aircraft parking stands. The Board agreed to finance the construction of a 200 km long expressway in Poland with EUR 500 million.
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