EIB APPROVES FINANCING FOR TALLINN EXPANSIONJanuary 1st, 2017
THE EUROPEAN Investment Bank (EIB) has has signed a EUR30 million loan agreement with Estonia’s Tallinn Airport to finance expansion and modernisation boosting its environmental and safety performance, alleviating congestion and enabling growth. This money will help finance reconstructing the existing runway and apron, extending and reconfiguring the passenger terminal, renewing and upgrading the airside lighting system. Funded projects will also upgrade storm water drainage and de-icing services, creating a new snow dump area and an aircraft run-up area.
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