Local development and growth on Samsø
Søren Stensgaard, head of technical management at Samsø Kommune, says that the extension of the ferry ports of Sælvig and Hou has a great significance for local communities. “Good connections to the mainland are supportive of local development and growth,” he says. “Decades of population decline have completely stopped, and it looks like more people may come and live on Samsø – and improved transport connections to and from the island are a critical factor here,” he continues.
KommuneKredit financed the reconstruction of the ports of Sælvig and Hou. The project has had great importance for the local community on the island of Samsø.
Construction period: Startup 2014
Loan financing: DKK 54.1 million
Loan product: The project is financed by way of a construction credit facility during the construction phase, of which DKK 45.8 million has been converted to a fixed-rate loan with a base rate, which will be repaid over 25 years.