Finnvera’s funding to Lapland almost doubles – not only tourism but also industry in the Meri-Lap region now dares to invest
Finnvera’s funding to Lapland almost doubles – not only tourism but also industry in the Meri-Lap region now dares to invest
Lapland’s strong performance is explained by positive growth in all main sectors. Tourism is Lapland’s biggest boomer, but manufacturing is also going strong.
Funding for Lapland from Finnvera, the state’s special financing company, almost doubled last year.
In Lapland, Finnvera’s funding increased by 82% in all main sectors to EUR 36 million. The province is experiencing an economic boom, and tourism is the main source of growth in Lapland.
The value of investments in Lapland partly financed by Finnvera was EUR 74 million, of which EUR 50 million was allocated to the tourism sector.
Finnvera’s funding for industrial companies also increased significantly from the previous year. Access to large projects in Northern Sweden has encouraged the investment of Meri-Lapland industrial companies in particular.
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