150 million euros EIB funding for Helsinki Airport’s expansion

The project will create around 5 000 new permanent jobs

The European Investment Bank (EIB) and Finavia Corporation, a Finnish airport company have signed a loan agreement of 150 million euros. The project aims to create an extension to Terminal 2 and improve its connectivity to public transport and taxi services, as well as to further develop the baggage handling system and passport control areas.

The project will also upgrade the bottlenecks in the Schengen area, as well as the ones between the airport and the rail, bus, and taxi services. With this financial support, the annual capacity of Helsinki Airport is expected to rise to about 30 million passengers per year.

Part of the project activities is the creation of a new departures hall with 76 check-in desks and a new arrivals hall. At the same time, the border control area will be expanded to include 24 passport check lines and 20 automated kiosks for both arrivals and departures. A new tunnel connection to the ring rail connection will be also established. Totally new parking facilities will be created with 1 800 new parking places.

The project will create around 5 000 new permanent jobs

The project will generate employment during the construction phase, and once completed the entire airport expansion is planned to create around 5 000 new permanent jobs at Helsinki Airport.

“As the number one networked hub in the Nordic region, our aim is to offer passengers good and smooth connections worldwide. We want to stand out by providing exceptionally good customer experience and sustainable operations at Helsinki Airport” stated the CEO of Finavia Kimmo Mäki.

Finavia is the public limited company responsible for maintaining and developing Finland's airport network. It oversees 21 airports across Finland and is owned by the Finnish Government. Last year, 25 million passengers used Finavia's airports, with Helsinki Airport, accounting for 20.8 million of those.