Finance News from Highways.Today

EIB supports €330 million traffic upgrades at Port of Rotterdam

EIB supports €330 million traffic upgrades at Port of Rotterdam

EIB supports €330 million traffic upgrades at Port of Rotterdam The European Investment Bank has agreed to provide ca. €330 million to support the construction of the so-called “Blankenburg connection” between the existing A15 and A20 motorways in the Netherlands that provide access to the Port of Rotte...
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Multilateral banks reaffirm pledge to support technology-driven sustainable infrastructure

Multilateral banks reaffirm pledge to support technology-driven sustainable infrastructure

Multilateral banks reaffirm pledge to support technology-driven sustainable infrastructure The heads of the leading multilateral development banks (MDBs) meeting at the 2018 Global Infrastructure Forum (GI Forum) today reaffirmed their commitment to work together to deliver inclusive, resilient, and tec...
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EBRD and other Development Finance Institutions increase use of blended finance

EBRD and other Development Finance Institutions increase use of blended finance

EBRD and other Development Finance Institutions increase use of blended finance A new report by international Development Finance Institutions (DFIs) shows for the first time the scale of concessional blended finance to support transformative investments in challenging markets and deploy private sector...
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Nordic Development Fund to co-finance improvements to the busiest road in Laos

Nordic Development Fund to co-finance improvements to the busiest road in Laos

Nordic Development Fund to co-finance improvements to the busiest road in Laos The project will showcase best-practice climate-resilient road infrastructure for the most heavily trafficked road section in Lao PDR. The Nordic Development Fund has approved €8.0 million in concessional credit to join the W...
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ADB providing US$180 Million to Improve Nepal's Mahendra Highway

ADB providing US$180 Million to Improve Nepal’s Mahendra Highway

ADB providing US$180 Million to Improve Nepal’s Mahendra Highway The Board of Directors of the Asian Development Bank (ADB) has approved a loan of $180 million to support improvements to Nepal’s East–West Highway, the country’s main domestic and international trade route also known as the Mahendra...
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ADB supports Elevated Highway in Sri Lanka to improve connectivity and trade

ADB supports Elevated Highway in Sri Lanka to improve connectivity and trade

ADB supports Elevated Highway in Sri Lanka to improve connectivity and trade The Asian Development Bank’s (ADB) Board of Directors has approved a US$300 million loan to help in the construction of about 5.3 kilometres (km) of elevated highway with tolls and related facilities between the New Kelani Brid...
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Nordic Investment Bank finances new section of E18 motorway in Norway

Nordic Investment Bank finances new section of E18 motorway in Norway

Nordic Investment Bank finances new section of E18 motorway in Norway The Nordic Investment Bank finances new section of E18 motorway in Norway and the Norwegian toll-road operator Ferde AS have signed a NOK 1 billion (€ 104.5 million) loan with a maturity of 17.5 years to finance the construction of a...
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European Investment Bank supports The Great North Road for Zambians

European Investment Bank supports The Great North Road for Zambians

European Investment Bank supports The Great North Road for Zambians The European Investment Bank (EIB) has signed a €110 million (ZMK 1.27 billion) concessional loan with the Zambian Ministry of Finance in support of the Great North Road (T2), to be followed shortly by the signature of an EU grant of €7...
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India and World Bank sign $500m deal for all-weather rural roads using green technologies

India and World Bank sign $500m deal for all-weather rural roads using green technologies

India and World Bank sign $500m deal for all-weather rural roads using green technologies The Government of India and the World Bank today signed a $500 million loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project which will build 7,000 km o...
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European Investment Bank supports upgrade of energy and road infrastructure in Ukraine

European Investment Bank supports upgrade of energy and road infrastructure in Ukraine

European Investment Bank supports upgrade of energy and road infrastructure in Ukraine The European Investment Bank (EIB) is lending €136m to Ukraine’s National Power Company Ukrenergo in support of an extensive modernisation programme of its transmission infrastructure, helping to ensure that Ukrainian...
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EIB provides €150m for pan-European motorway through Bosnia and Herzegovina

EIB provides €150m for pan-European motorway through Bosnia and Herzegovina

EIB provides €150m for pan-European motorway through Bosnia and Herzegovina During an official visit by the President of the European Council, Donald Tusk, to Bosnia and Herzegovina, the EIB today signed two loans totalling €150m for the construction of a motorway. The loans to the State of Bosnia and H...
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EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet

EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet

EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet Palma de Mallorca’s urban buses will start being replaced this year with new, more modern, safer, more comfortable and less polluting vehicles. The European Investment Bank (EIB) has signed an agreement with Empresa Municipal de Transp...
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ADB finances three Infrastructure Projects in Cambodia

ADB finances three Infrastructure Projects in Cambodia

ADB finances three Infrastructure Projects in Cambodia The Asian Development Bank (ADB) today signed three project loan agreements with the Government of Cambodia to provide infrastructure support for road network improvement, provincial water supply and sanitation, and smallholder farmers development i...
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