Mozambique and African Development Bank finance Mueda-Negomano road phase II 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 c...
ADB finances $177m for road construction in Maharashtra State The Asian Development Bank (ADB) has approved a $177 million loan to India to upgrade 450 kilometers (km) of state highways and major district roads in Maharashtra State. Located in central and western India, Maharashtra is India’s third-larg...
Nordic Investment Bank finances €70m for hydropower in Sweden and Finland NIB has signed a ten-year loan agreement of €70 million with Fortum Oyj to finance the refurbishment of two hydropower plants in Sweden and one in Finland. The investment will improve safety, repair and renew the dam and spillway...
EBRD finances €75m for modernisation of Tbilisi metro in Georgia Residents of Georgia’s capital Tbilisi will benefit from a €75 million sovereign loan, with €65 million provided by the EBRD and €10 million by the Green Climate Fund (GCF), for the modernisation of the metro network, its main form of publ...
KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria As part of an international consortium, KfW IPEX-Bank and MEAG are financing the six-lane expansion of federal motorway 3 (A3) between interchanges Biebelried and Fürth/Erlangen as well as its operation and maintenance for 30 yea...
AIIB finances $404m to improve 56km of Bangladesh’s National Highway N2 The Asian Infrastructure Investment Bank (AIIB) has approved a US$404-million loan to improve Bangladesh’s intercity travel and cross-border connectivity. The upgrade of the country’s national highway N2 between Sylhet and the...
NIB finances €68m port of Klaipėda expansion in Lithuania The Nordic Investment Bank (NIB) and the Klaipėda State Seaport Authority have signed a 19-year credit facility agreement for infrastructure investments in Lithuania’s largest port. NIB’s credit facility of €68 million will finance the reconstruc...
Nordic Investment Bank finances new tram line for Helsinki The Nordic Investment Bank (NIB) and the City of Espoo have signed a 25-year loan of EUR 65.6 million to finance the construction of the new Raide–Jokeri tram line, connecting Helsinki and Espoo. The new tram line will run from Itäkeskus in East...
The Raising Project Finance Handbook by David Rose will save time, energy and money A new publication, The RAISING PROJECT FINANCE Handbook, shares decades of hands-on experience in project financing with those just starting out on the journey. This can be both exhausting and demoralising for project pr...
EIB and leading road safety NGOs partner to halve road deaths by 2030 The European Investment Bank (EIB) today entered a partnership with the three NGOs leading Road Assessment Programmes (RAP) as part of the global drive to halve the 1.35 million annual global road deaths by 2030. The Memorandum of Und...
Eurasian Development Bank finances US$95m for Big Almaty Ring Road in Kazakhstan The Eurasian Development Bank (EDB) signed an agreement on the general terms and conditions for financing the construction of the Big Almaty Ring Road (BAKAD). The document was executed today by Amangeldy Issenov, Deputy Ch...
EIB invests €1.2m for Technical Assistance to support upgrade of Cairo Metro Line 2 The European Investment Bank (EIB) has signed a €1.2 million Technical Assistance agreement with the Egyptian National Authority for Tunnels to conduct a Feasibility Study for the rehabilitation of Cairo Metro Line 2. Th...
EIB invests €1.5m to upgrade of Tanta to EL Mansoura to Damietta railway in Egypt The European Investment Bank (EIB) and the Egyptian Ministry of International Cooperation (MOIC) have signed a cooperation agreement to provide up to €1.5 million of grant financing for a Feasibility Study including an Env...
EBRD investment to double capacity of 202km road connecting Ulaanbaatar and Darkhan The European Bank for Reconstruction and Development (EBRD) is investing to improve the regional integration and international trade between Mongolia, China and Russia with the completion of a major infrastructure projec...
EBRD investing US$150m in Tajikistan for infrastructure development The people of the Rasht Valley in eastern Tajikistan will soon benefit from better regional transport links, connectivity, and new economic opportunities, thanks to a major infrastructure project investment by the European Bank for Reco...
IFC boosting modernization of Ukraine’s urban infrastructure The International Finance Corporation (IFC), a member of the World Bank Group, and the Mayor’s Office of the city of Kryvyi Rih today agreed to combine efforts to attract investments for reliable and efficient public transport infrastruc...
EIB funds €47m in Volán for eco-friendly buses Commuters in Hungary will enjoy new, faster, safer and more eco-friendly buses on regional and city lines across Hungary as a result of a €47m loan the European Investment Bank (EIB) signed today with Volán Buszpark Kft, the country’s biggest bus fleet mana...
EIB funding €180m for new Heraklion airport in Greece The European Investment Bank (EIB) has agreed to provide a €180 million loan to support construction of the New Heraklion International Airport on the Greek island of Crete. The new airport will replace the current airport serving Heraklion. During t...
World Bank financing new Bus Rapid Transit Corridor in Ho Chi Minh City The World Bank and the Ministry of Finance today signed a financing agreement for a grant worth US$10.5 million to promote integrated urban development and transport connectivity along a new Bus Rapid Transit corridor in Ho Chi Minh...
EIB finances new trains for Naples Circumvesuviana network A new fleet of 40 electric trains for the railway network serving Naples and the province of Naples, the Circumvesuviana, to help significantly relieve traffic congestion and considerably reduce pollution in the entire area. That is the aim of t...
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