Denmark has announced plans to increase investment in Greenland, pledging 1.6 billion Danish crowns ($253 million) between 2026 and 2029 for healthcare and infrastructure projects. The funding will support a new landing strip in eastern Greenland, a deep-water port in the south, and cover the costs of Greenlandic patients treated in Danish hospitals. The move comes amid rising international interest in the Arctic Island, which is rich in natural resources and strategically located. Greenland faces economic challenges, including a slowing fisheries sector, an ageing population, and reliance on state-owned enterprises. A pro-business party that won Greenland’s recent election aims to reform the economy and sees Denmark as a key partner on the island’s path toward greater self-sufficiency. Denmark is also conducting a large military drill in Greenland, following concerns about the territory’s security.
