SCHIPHOL SECURES EIB FINANCING FOR EXPANSION
March 1st, 2017
THE OPERATOR of Amsterdam’s Schiphol Airport is borrowing EUR350 million from the European Investment Bank (EIB) to help finance an expansion of the Netherlands’ largest aviation hub. NV Schiphol Airport has signed a loan agreement to secure a first EUR175 million installment. This will help finance the construction from this year of a new terminal (by 2023) and a pier (by December 2019), enabling the airport to handle up to 15 million more passengers annually. Related infrastructure, such as internal roads and car parks, will be renewed and relocated. “In ...
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