Investments
in Arctic Europe

Oulu is an excellent gateway for investments in Arctic Europe.

197 billion euros is expected to be invested in the Scandinavian Arctic Area within the next 10 years and 277 billion euros by 2030. The investment boom is being focused on the construction, mining, logistics, energy, tourism and creative sectors.

To further boost business opportunities in the Arctic Europe region, Oulu has intensified its collaboration with Luleå in Sweden and Tromsø in Norway. Also a flight connection was established between these coastal capitals of the Arctic. Regular flights are operated by Arctic Airlink three times per week from Oulu airport, and in Sweden the connection goes all the way to Gothenburg – hence only a three-hour journey away.