All Funding & Development loans Articles
The European Investment Bank (EIB) has announced a € 200 million loan for the new Korinthos-Patras-Taskona Peloponnesian motorway in south-western Greece, along with the upgrading of the existing Elefsina-Korinthos motorway. The work will be carried out as a Public-Private Partnership (PPP) by the Olympia Odos consortium, comprising Vinci, Hochtief, Aktor, J&P Avax and Athena.
Cambodia's road network requires at US$ 2.5 billion to implement the Government's 2006-2010 National Road Construction Masterplan, according to Sun Chan Thol, Minister of Public Works and Transportation, reports Chinese state news agency Xinhua.
The European Investment Bank (EIB) has provided a € 200 million, 37 year loan to Vinci Concession subsidiary Arcour to help finance construction of the A 19 motorway in France.
The World Bank has approved a US$ 80 million loan for the Dominican Republic to support the country's recovery efforts after Tropical Storms Noel and Olga, which hit the country at the end of 2007.
Taiwan's incoming premier Liu Chao-shiuan is looking to boost investment in its infrastructure sector, according to the country's Economic Daily News.
African politicians and financiers have met in London to discuss plans to build the largest and most powerful hydroelectric dam in the world, according to the UK's BBC news agency.
The African Development Bank (AfDB) and Fund (AfDF) have approved loans and grants totalling nearly US$ 360 million to finance infrastructure and other projects in different parts of the continent.
The Asian Development Bank (ADB) has leant US$ 450 million to Coastal Gujarat Power Limited (CGPL), a subsidiary of Tata Power, to help build and operate the Mundra Ultra Mega Power Project.
The Inter-American Development Bank (IDB) lent US$ 6.4 billion to 127 projects in 2006, a +22% increase on the previous year, according to its latest annual report.
Poland’s Infrastructure Minister Cezary Grabarczyk has said in a news report that the country intends to spend US$ 55 billion on new road construction in the next five years in preparation for the Euro 2012 soccer championships.
The Japan Bank for International Cooperation (JBIC) is to loan over US$ 1.2 billion to finance the Giap Bat-Gia Lam Elevated Railway Project, according to an agreement signed by the bank and Vietnam's Ministry of Finance in Tokyo this week.
How will the credit crisis affect your purchasing decisions? Will it make financing your fleet more difficult?
The Brazilian Government's BRL 504 billion (US$ 257 billion) Growth Acceleration Plan (PAC) aims to renew investment in the country's roads, ports, airports, housing, energy and sanitation sectors in a bid to accelerate economic growth. Richard High reports.
Spanish rental company Euroloc has negotiated a seven year, €240 million loan with Banesto and the Bank of Scotland that will refinance its existing debt and give it €120 million additional investment funds.
The UK's Waste & Resource Action Programme (WRAP) has funded £2.3 million (US$4.5 million) of support for recycled aggregate in the latest round of its capital support programme.
The European Commission and the European Investment Bank (EIB) have set up a new financial instrument designed to increase private sector investment in the Trans-European Network (TEN) infrastructure schemes. The Loan Guarantee Instrument for Trans-European Transport Network Projects (LGTT) is designed to mitigate against the risk of low toll revenues in the first few years of projects’ operation.
The Asian Development Bank (ADB) is helping Mongolia to fund a road project which aims to link the nation's western region with China and Russia, the ADB said in a statement.
The Mexican government is to invest MXN 12 billion (US$ 1.11 billion) in an effort to fast-track the modernisation of the Durango-Mazatlán highway, according to a report in local paper El Semanario.
Ontario’s municipalities are to receive an extra CA$ 150 million (US$ 151 million) to build roads, repair sewers and improve other public infrastructure.
US infrastructure investment needs to more than double current levels, says the latest report from the US Congress' 12-member National Surface Transportation Policy and Revenue Study Commission.