ADB finances US$380m road improvements in Mindanao, Philippines The Asian Development Bank’s (ADB) Board of Directors has approved a $380 million loan to help the Philippine government strengthen the road network and spur economic development in Mindanao, the country’s second largest island with about 2...
BAM wins German PPP road project A10 / A24 Neuruppin to Pankow The consortium consisting of BAM-PGGM and HABAU, has been appointed preferred bidder for the project Availability Model A10 / A24 AS Neuruppin to AD Pankow in Germany by DEGES GmbH. This publicly owned project management company is represent...
ADB finances urban and transport improvements in Pakistan The Asian Development Bank (ADB) and the Government of Pakistan today signed two loans totalling $380 million for projects to help improve the country’s urban and transport sectors. The agreements were signed by Xiaohong Yang, ADB Country Directo...
AfDB approves US$153m to improve road and rail transportation in Namibia To help speed up travel and transportation in Namibia, the Board of the African Development Bank has approved a loan of ZAR 2,000 million (US$ 153 million) to the Government of Namibia to upgrade a 210km stretch of railway in the w...
New EIB €8.9 billion financing to support climate, water, transport, enterprise and education The December board meeting of the European Investment Bank (EIB) yesterday approved a total of €8.9 billion of new financing for 55 projects across Europe and in Asia, Africa, Latin America and the Middle East....
EIB supports upgrade of Kharkiv Metro in Ukraine The European Investment Bank (EIB) is lending EUR 160m to finance improvements to the public transport system in Ukraine’s second largest city. EIB funds will support the extension of the Kharkiv metro network to a residential area with a high population...
ADB approves US$400m to modernise Azerbaijan’s North-South Railway Corridor The Asian Development Bank’s (ADB) Board of Directors has approved two loans totalling $400 million to help strengthen Azerbaijan’s railway sector and modernize and rehabilitate the Sumgayit-Yalama rail line, a key link in...
AfDB approves €122m loan for Tunisia Road Improvement Project The Board of the African Development Bank Group (AfDB) has approved a loan of €112 million to help finance the North-East Road Connectivity Support Project in Tunisia. The project aims to make the Tunisian economy more competitive through sup...
EIB supports modernisation in Poland with €650 million for the Railways From Gdańsk to Katowice, over 1,000 kilometres of Polish railways will be modernized and upgraded with the help of a EUR 650-million loan from the European Investment Bank (EIB) announced today. EIB funds will help finance 15 differ...
EIB finances tolling infrastructure in Slovenia The European Investment Bank (EIB) is lending €51 million to Slovenia’s motorway company DARS to finance the introduction of an electronic tolling system for vehicles above 3.5 tonnes using the country’s motorway network. This is the EIB’s first direct tra...
EIB agrees €9.2b financing for rail, climate action, broadband and business Meeting in Luxembourg earlier today the board of the European Investment Bank approved a total of €9.2 billion of new financing for 38 projects in 16 European Union countries and around the world in Africa, Asia and Latin Americ...
EIB finances new 17km suburban rapid transit system in Tunis The European Investment Bank (EIB) is strengthening its support for the development of efficient and sustainable urban transport infrastructure accessible to Tunisians living in the country. More than 15,600 jobs will be created in the Tunis s...
Florida’s 21 mile, $2.3 billion, Interstate 4 reconstruction supported by VolvoCE Florida’s I-4 Ultimate Improvement Project is at the forefront of several global trends in infrastructure design, management, financing and community enhancement. The I-4 Ultimate megaproject serves as a great exampl...
AfDF paves way for Guinea-Sierra Leone road reconstruction with €48 million The Boards of the African Development Bank Group have approved funding of €48 million from the African Development Fund (ADF) for the reconstruction of the border road from Guinea to Sierra Leone. The project, jointly funded by...
Infrastructure upgrade essential for Asia to continue growth Infrastructure is essential for development. Roads, railways, ports and power supplies have helped drive Asia’s growth, allowing its people to get to work and its products to reach markets. For this momentum to continue, the region’s existing...
EIB finances €600m “Y Vasca” high-speed rail line in Spain Minister of Public Works and Transport Íñigo de la Serna attended the signing of a €600m loan granted by the European Investment Bank (EIB) to Adif Alta Velocidad. This loan is the first tranche of €1.03bn in financing approved by th...
Record €500m EIB loan for India’s Bangalore Metro The European Investment Bank (EIB) will provide EUR 500 million to support the construction of a new 18 station Rapid Transit line in Bangalore and the purchase of 96 train cars for use on the line. This support for investment to expand the second...
ADB provides US$900 Million financing to upgrade Sri Lanka’s rural road network The Asian Development Bank’s (ADB) Board of Directors has approved financing of up to US$900 million for a program that will upgrade the Sri Lanka road network to connect vast rural populations to jobs and services. “I...
EU Bank supports first tramway line in Tampere, Finland with €150m loan To meet the needs of the growing city and urban area, a modern tramline system has been designed for Tampere. Fostering sustainable transport projects, the European Investment Bank (EIB) has provided a EUR 150m loan to the City of T...
Balfour Beatty wins £36m extension to operate and maintain UK M1-A1 Link Road Balfour Beatty, the international infrastructure group, has been awarded a £36 million contract extension to its existing Managing Agent Contract (MAC) for the M1-A1 Link Road (Lofthouse to Bramham) on behalf of Connect Roads,...
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