Sweden: European financing for central Stockholm connection hub makeover ...Middle East

The European Investment Bank (EIB) has signed a SEK 4 billion loan with the City of Stockholm to finance the renovation of the “Slussen” area in the city centre. The financing will be used for a complete makeover of the area named after the locks between Lake Mälaren and the Baltic Sea. The related works include not only the renewal of the 85-year old locks and the road bridges on top of the lock, but also the construction of a new bus terminal, which links to an intermodal transport hub called “Atrium”, which will connect buses, metros, regional trains and the Skärgård-ferries. Furthermore, the area will get new bus lanes and bicycle and pedestrian paths.

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