All Funding & Development loans Articles

Second runway for Abuja
Nigeria's government has approved a second runway for Nnamdi Azikiwe International Airport, Abuja, at the cost of about NGN 8 billion (US$ 53.8 million).
China plans railway expansion
China's Jiangxi province plans to invest CNY 116.52 billion (US$ 17 billion) in new railways over the next three years, according to state news agency Xinhua.
CA$ 20 billion for construction in Canadian action plan
Canada has unveiled an economic action plan worth CA$ 30 billion (US$ 24.8 billion), or 1.9% of GDP, as part of its 2009 Budget. It includes a CA$ 12 billion (US$ 9.9 billion) investment in infrastructure and CA$ 7.8 billion (US$ 6.5 billion) for housing.
Hawaii unveils US$ 4.2 billion transport plan
Hawaiian state governor Linda Lingle and state transportation officials have unveiled a US$ 4.2 billion dollar, six-year Highway Modernization Plan.
Rebuilding Gaza could cost billions
Reconstruction of Gaza following the conflict with Israel could "cost billions", according to the UN Relief and Works Agency for Palestine Refugees (UNRWA).
Tunisia's largest infrastructure project secures AfDB loan
The African Development Bank Group has approved a € 70 million (US$ 92.5 million) loan for Tunisia's Enfidha Airport Project, the country's largest infrastructure project.
ARA says stimulus package 'critical' for rental industry
The American Rental Association has repeated its call for an economic stimulus package for the equipment rental industry.
Brazil plans to invest US$ 152 billion in housing sector
The Brazilian government has announced plans to spend BRL 350 billion (US$ 152 billion) constructing housing for poor families over the next 15 years.
Malian road network expands
Work on the Sékokoto-Bafing et Bafing - Kéniéba - Falémé roads in Mali, which is being funded by the African Development Bank (AfDB) Group, has started with an official ground breaking ceremony performed by President Amadou Toumani Touré.
Indonesia bids to boost economy
Indonesia has announced plans to spend US$ 3.56 billion saved from its 2008 budget on infrastructure projects and tax breaks in an effort to stimulate its economy and mitigate the impact of the current global economic crisis, according to The Jakarta Post.
US$ 4 billion economic stimulus plan for Chile
Chile's President Michelle Bachelet has announced a US$ 4 billion economic stimulus package to boost the country's economy as a result of the global financial credit crisis.
Burundi and Rwanda awarded road grant
Burundi and Rwanda of Central and Eastern Africa have received a US$ 150 million grant from the African Development Bank (ADB) to finance the Nyamitanga-Ruhwa-Ntendezi-Mwityazo road project.
Hawaii unveils US$ 1.8 billion infrastructure plan
The Hawaii state government has unveiled a US$ 1.87 billion plan designed to stimulate its economy and create jobs.
US$ 14 billion World bank loans for India
The World Bank has announced a three-year US$ 14 billion pakage of loans for India. Spending priorities under the programme include infrastructure building and poverty alleviation, including improving drinking water
IDB loan will improve Uruguay's sanitation and water quality
An Inter-American Development Bank (IDB) credit facility of up to US$ 80 million has been approved to help finance expansion of Ciudad de la Costa's sewer network and improve water quality in rivers, beaches.
Australia unveils AU$ 4.7 billion ‘Nation Building' package
The Australian Government has unveiled an AU$ 4.7 billion (US$ 3.07 billion) ‘Nation Building' package designed to "strengthen the Australian economy and create Australian jobs".
Colombia aims to boost private sector participation in infrastructure projects
The Colombian Government and the Inter-American Development Bank (IDB) have joined forces in an effort to boost private sector participation in infrastructure projects in the country.
IDB, FirstCaribbean to establish regional credit guarantee facility
The Inter-American Development Bank (IDB) and FirstCaribbean International Bank are to establish the first risk-sharing guarantee facility for the Caribbean region.
World Bank aims to increase Ethiopia's economic development
The World Bank and the Government of Ethiopia have launched a US$150 million Urban Local Government Development Project that aims to support Ethiopian cities' efforts to improve performance in the planning, delivery and sustained provision of priority municipal services and infrastructure.
ADB loan helps expand China's railway network
The Asian Development Bank (ADB) is to loan China US$ 150 million to help expansion of the country's railway network in the less well developed Western region of the country.
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