All Funding & Development loans Articles
The Asian Development Bank (ADB) and The Export-Import Bank of China (China Eximbank) have signed a co-financing agreement worth US$3 billion for projects in developing Asia.
Development bank's governors agree to riase capital from US$ 55 billion to US$ 165 billion.
The World Bank has approved loans totaling US$ 450 million to finance road and rail projects in central and western China.
The World Bank has approved a KES 26 billion (US$ 328 million) loan to Kenya to complete upgrading the Mau Summit to Kisumu section of the Northern Corridor Road and improve electricity distribution.
The Serbian government is negotiating a € 200 million loan with the Chinese government to construct a bridge over the Danube River in Belgrade.
The World Bank has approved a US$ 400 million grant for Ukraine's Roads and Safety Improvement Project, its first transport project in Ukraine, with the aim of improving sections of the M-03 road.
The Inter-American Development Bank (IDB) has approved a US$ 1.3 billion loan to Colombia's water, sanitation, energy and infrastructure sectors.
Singapore's Governemnt has announced plans to spend between SGD 18 to SGD 20 billion (US$ 11.9 to US$ 13.2 billion) on infrastructure projects in 2009.
The World Bank (WB) has approved interest-free loans totalling US$1.2 billion to Ghana over the next three years targeting transport, water and sanitation, agriculture and fisheries, energy, natural resource management and budget support.
The Asian Development Bank (ADB) has approved a US$ 72 million loan to help develop and upgrade key urban infrastructure and services in the city of Thanh Hoa, Vietnam.
Italy's president Silvio Berlusconi has revived plans to construct a suspension bridge linking the island of Sicily to the Italian mainland, pledging € 1.3 billion towards its projected cost of € 6.1 billion.
The World Bank (WB) has approved a US$ 5 million grant to the Republic of Haiti to help rebuild public primary schools that were damaged by hurricanes and tropical storms in August and September 2008.
Donors from 70 countries have pledged to donate almost US$ 4.48 billion in aid to the Palestinians, mainly to rebuild Gaza following the earlier conflict with Israel.
Financial advisor gives tips on how to stay on top at annual Construction-U event
The Inter-American Development Bank (IDB) increased its loan and credit guarantee approvals by +18% last year to US$ 11.2 billion. Disbursements reached US$ 7.6 billion, almost US$ 500 million more than in 2007.
US President Obama has signed the economic stimulus plan in Denver, Colorado, that will see US$ 48 billion of the overall US$ 787 billion directed towards infrastructure spending.
The Ethiopian Roads Authority (ERA) has awarded three road contracts worth US$ 170 million as it looks to expand cross border trade routes.
The World Bank has called for urgent steps to help poor countries weather the global financial crisis, including a new infrastructure fund.
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'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.
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