BAKU, Azerbaijan, January 21. The European
Investment Bank (EIB) has approved a loan of 225 million euros to
support the construction of energy-efficient homes in Malmö,
Sweden, Trend
reports.
The loan will fund the creation of 1,547 apartments across 13
residential buildings, with completion expected by 2029. The
project aims to help Sweden meet its energy-efficiency goals while
contributing to the European Union’s broader climate
objectives.
Malmö’s municipal housing company, MKB Fastighets AB, will lead
the development, ensuring that the new apartments surpass Sweden’s
energy-efficiency standards. The construction will occur in phases,
with the buildings being spread across various locations in the
city, offering mainly one- to four-room apartments.
EIB Vice-President Thomas Östros emphasized the bank’s
commitment to supporting sustainable urban development: “This
investment helps cities like Malmö tackle climate change while
enhancing the quality of life for residents.”
Malmö, Sweden’s third-largest city with a rapidly growing
population of 360,000, is an economic hub with strong links to
Denmark, particularly through the Öresund Bridge and collaboration
with Copenhagen.
Marie Thelander Dellhag, CEO of MKB Fastighets AB, highlighted
the importance of climate-conscious development, stating that the
EIB financing affirms the project’s alignment with Sweden’s
environmental standards.
This loan marks the EIB’s seventh collaboration with Malmö since
their partnership began in 1995 and continues the bank’s support
for sustainable infrastructure projects in the city.
