Covid19 and Capital Expenditure Investments Cancelled projects, interrupted supply chains, employee health and safety concerns — this is the reality for many construction companies following the coronavirus outbreak. For companies without big financial reserves, there are big decisions to make about whe...
How to build a Successful Trucking Company Building a successful trucking company can be quite the challenge, but there are many steps you can take to help you get where you need to go. Although there are some things that you may already have in place that will help you get off on the right ...
EIB approves €12.6 billion for transport, clean energy and urban development The European Investment Bank (EIB) today approved €12.6 billion of new financing for projects across Europe and around the world. New financing agreed today includes more than €3.1 billion of COVID-19-related investment to impr...
World Bank funds $130.8m road infrastructure upgrade in Uganda’s West Nile sub-region The World Bank Board of Directors today approved a grant of $130.8 million from the International Development Association (IDA) to ease the movement of goods and people and improve access to social services and j...
World Bank project in Himachal Pradesh to deliver safer, resilient roads The Government of India, the Government of Himachal Pradesh and the World Bank today signed a $82 million project to support Himachal Pradesh strengthen its transport and road safety institutions by improving the condition, safety,...
UK experts call for £1b of investment for start-ups developing future mobility solutions Prospedia Capital and Beauhurst have studied the investment flowing into early and growth-stage companies serving the UK’s burgeoning advanced automotive technology sector. Their report identifies a need to accelera...
AfDB financing Mueda-Negomano road phase II in Mozambique The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35 km Nambungali-Roma road to facilitate trade and promote social inclusion of local communities. Mozambi...
Time is running out to apply for the Coronavirus Business Interruption Loan Scheme The window to attract crucial funding from the Government-supported Coronavirus Business Interruption Loan Scheme (CBILS) is closing rapidly, warns asset finance specialists PVS Finance. Businesses in the construction sec...
EBRD supports 35 year Port of Olvia concession project in Ukraine Despite a challenging global economic outlook, Ukraine continues to attract leading international transhipping and stevedoring companies by awarding the second concession for seaport development and management since June 2020. A 35-year c...
CAT Financial introduces new deals to help construction firms get back on track Cat Financial has introduced a bundle of finance deals to help construction firms get their businesses back on track as the sector starts to get back to its new normal. Customers of Finning UK & Ireland, exclusive distri...
EIB finances €15m for smart charging technology at The Mobility House in Germany The European Investment Bank (EIB) and The Mobility House, a leading technology company and solution provider for charging services, have signed a €15 million financing agreement to promote the integration of electric vehic...
Asian Development Bank invests $31m to improve roads in Papua New Guinea The Asian Development Bank has approved a $31 million loan to expand and improve the road network in Papua New Guinea. The Transport Sector Preparatory Project will finance a feasibility study and detailed engineering designs, incl...
EBRD and KfW IPEX-Bank invest in electric car industry in Poland Two leading European banks are promoting the electric car industry with an investment in a new plant in central Poland run by global chemicals and sustainable technologies group Johnson Matthey. The joint financing comprises a €90 million...
North American Development Bank finances Mexican border-wide transportation project The North American Development Bank (NADB) signed an initial loan agreement for up to $155.4 million pesos with Value Arrendadora for its Border-wide Vehicle Program for Public Transportation in Mexico, which is expected...
Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package Time is running out for construction professionals nationwide to take advantage of Mecalac’s Buy Now… Pay Later finance package. For all new excavators, wheel loaders, site dumpers, compaction rollers and backhoe load...
EBRD finances $7m flood-protection scheme in Erdenet, Mongolia More than 15,000 people will directly benefit from sustainable infrastructure designed to protect them from seasonal flooding, thanks to a loan provided by the European Bank for Reconstruction and Development (EBRD) to Erdenet, Mongolia’s se...
ADB and BOCFL finance $80m for Sustainable Urban Transport in China The Asian Development Bank (ADB) has signed an $80 million loan with Bank of Communications Financial Leasing Co. Ltd. (BOCFL) to fund the lease of new energy buses (NEBs), which will contribute to the promotion of sustainable urban tra...
African Development Bank finances $1.2m study for Ethiopia to Sudan railway The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan. This g...
KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport The project includes a new passenger terminal, a new aircraft pier and additional infrastructure. Construction of the new pier is now in full swing and will go ahead as planned. Given the impact of the COVID-19 crisis on the Aviation...
Mecalac announces unbeatable finance package for UK customers Working in conjunction with Mecalac Financial Solutions, Mecalac Construction Equipment UK has launched an unbeatable Buy Now… Pay Later finance package across its entire range of excavators, wheel loaders, site dumpers, compaction roll...
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