News
25 April 2018
NIB finances wastewater and fibre optic network expansions
In:
Waste and water
Region:
Europe
The Nordic Investment Bank has signed a €16 million, ten-year loan with the Swedish municipality of Karlskrona to finance the expansion of the local fibre optic network and investments in water and wastewater management.
The expansion of the local water network in Karlskrona will support the sustainable supply of freshwater and enable effective distribution to around 465 households.
The funds will also be used to increase access to fibre-based broadband internet in the municipality, which contributes to the implementation of Sweden's national digitalisation strategy.
