Denmark to invest over $250 mn in Greenland infrastructure

Copenhagen: Denmark has signed an agreement with Greenland for infrastructure development in the autonomous territory, coveted by the United States, D...

Copenhagen: Denmark has signed an agreement with Greenland for infrastructure development in the autonomous territory, coveted by the United States, Danish Prime Minister Mette Frederiksen said Tuesday.

In the 2026 budget proposal to parliament, Denmark's government has allocated 1.6 billion kroner ($253 million) for 2026 to 2029.

Since returning to the White House in January, Trump has repeatedly said the United States needs the strategically located, resource-rich island for security reasons, which has sparked diplomatic tensions with Denmark.

At the same time, Copenhagen has sought to strengthen ties with Nuuk -- which in the long term is aiming for independence.

Under the new agreement, Denmark will fund the construction of a new runway in Ittoqqortoormiit, in eastern Greenland, and a new deepwater port in Qaqortoq, in the south, the Danish government said in a statement.