EIB signs Helsinki metro extension loan

The European Investment Bank has signed an initial €100m tranche of financing for the second phase of the extension of the Helsinki metro to Espoo.

FINLAND: European Investment Bank President Werner Hoyer signed an initial €100m tranche of financing for the second phase of the extension of the Helsinki metro to Espoo on August 30. The 7 km extension from Matinkylä to Kivenlahti will add five stations. Opening is planned for 2020 at the earliest.

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