European Investment Bank finances €75 million upgrade for Port of Barcelona The logistics zone (ZAL Port) of the Port of Barcelona is receiving a loan from the European Investment Bank (EIB) to finance the construction of new logistics and warehousing facilities enabling it to both increase its capacity...
FCC Construcción awarded €1.634 Billion contract for three new railway sections in Romania The Romanian National Railway Company (CFR) has awarded FCC Construcción a contract for the rehabilitation of three new railway sections in the region of Transylvania. The works are valued at €1.634 billion and wi...
Apesika Abom Feeder, the story of an AfDB-financed feeder road in Ghana that changed the everyday lives of rural households In many African countries, food security and nutrition continue to be a challenge. To address this in Ghana, the African Development Bank (AfDB) and the International Fund for Agri...
Cameroon invites Expressions of Interest for Consultant Services for 241km Road Rehabilitation The Republic of Cameroon’s Ministry of Public Works has announced a Notice of Interest for Consulting Services on their Transport Sector Support Program phase 2 – Rehabilitation of the Yaoundé-Bafo...
Kenya releases procurement notice for services on the LAPSSET Corridor Project – Lamu Port Development The Lapsset Corridor Development Authority in Kenya has received a grant from the African Development Bank/NEPAD – Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund to finance Trans...
Uganda to Kenya town bypass roads project opens for bidding The Government of Kenya has received a loan from the African Development Bank to finance the Multinational Uganda – Kenya: Kapchorwa to Suam to Kitale & Eldoret Town Bypass Roads Project. The Project is a multinational operation that...
European Investment Bank co-finances construction of a section of the A7 motorway in Germany An international consortium consisting of the European Investment Bank (EIB), KfW IPEX-Bank, DZ BANK AG, DBJ (Development Bank of Japan), and CaixaBank is financing the expansion of the A7 motorway between Bocke...
Two large VINCI Concessions motorway projects open to traffic in Greece 360 km of new or revamped motorways to improve interregional connections Meeting the highest international quality and safety standards €2.8 billion investment to boost Greece’s competitiveness Greek Prime Minister Aléxis Tsípras in...
African Development Bank funds Kenya to Uganda upgrades and construction of new roads to connect the two countries The African Development Bank Group (AfDB) approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3 million) and Uganda (USD 105.7 million) for the upgrading of 118 km roa...
The Asian Development Bank (ADB) has approved a US$114 million loan for Georgia’s Batumi bypass road project. ADB is also expected to manage and administer up to US$114 million in additional financing for the project provided by the Asian Infrastructure Investment Bank (AIIB). This is the first ADB proj...
European Investment Bank supports Volvo Group’s research for fuel efficiency and safety in trucks, buses, and construction equipment On Thursday, the European Investment Bank (EIB) and Volvo Treasury AB Sweden, a subsidiary in the Volvo Group, have completed a EUR 600 million loan agreement. The financi...
World Bank helping Tanzania to transform Dar es Salaam’s road transport to reduce traffic World Bank Group President Jim Yong Kim and Tanzanian President John Magufuli unveiled the foundation stone for the Ubongo Interchange, which will ease transportation bottlenecks and help businesses. The interchang...
European Investment Bank lends EUR) 280 million to upgrade 14 regional Greek airports The European Investment Bank (EIB) has signed two loan agreements worth EURO 280 million in total with Fraport Greece to help finance upgrades to 14 regional Greek airports. The transaction benefits from the support of...
European Investment Bank pledges extensive support for Kenyan energy and transport projects During an official visit to Kenya, the European Investment Bank (EIB) has pledged new support for projects in the power and transport sectors. Also, at a press conference In Nairobi with Cabinet Secretary for the...
World Bank Rural and Urban Access Improvement Project will benefit more than half a million Nicaraguans Nicaraguan farmers, ranchers, transport and micro entrepreneurs, 51 percent of them women, will benefit from improved roads financed through a new credit approved today by the World Bank Board of Dire...
China finances US$1.5 Billion for 156km Lagos to Ibadan Rail link in Nigeria Construction work on the Lagos to Ibadan Rail Link was signed on 6th March 2017 for the 156km railway line from the coastal city of Lagos to the inland city of Ibadan – a distance of 156km. The target date for completion ...
EIB and BGK finance construction of Kraków bypass in Poland under Juncker Plan The European Investment Bank (EIB) and the Bank Gospodarstwa Krajowego (BGK) Polish development bank today announced the signature of finance contracts for the construction of the Łagiewnicka Route, part of the Kraków inner s...
Chinese Contractor finances US$13Billion for 600km Malaysia East Coast Rail Link The Malaysia government have just published the proposed route for the Chinese-financed 600km East Coast Rail Link. The public have three months to comment on the proposals. The East Coast Rail Link starts at Port Klang on...
Development Bank of Southern Africa finances 580km of road reconstruction in Kenya The Development Bank of Southern Africa (DBSA) has agreed with the Kenya Ministry of Transport to finance reconstruction of a 580km road between Lamu and Isiolo, which is part of the Lamu Port – South Sudan – Ethiopia Tra...
The European Investment Bank loans €175m for Schiphol Airport expansion The European Investment Bank (EIB) and N.V. Schiphol Airport have signed a loan agreement of Euro 175 million, the first instalment of a total financing of Euro 350 million. Schiphol will use the funding to finance part of the plann...
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