All Funding & Development loans Articles

€ 200 million EIB road loan
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 roads need US$ 2.5 billion
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.
EIB makes A19 loan
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.
Dominican Republic aid package
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.
China to boost Taiwan infrastructure
Taiwan's incoming premier Liu Chao-shiuan is looking to boost investment in its infrastructure sector, according to the country's Economic Daily News.
Africa plans world's biggest dam in DR Congo
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.
African development funding
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.
4 GW Gujarat power plant
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.
IDB loans up +22%
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 plans new roads for Euro 2012
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.
JBIC to finance Vietnam's first elevated railway
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.
Paying your way
How will the credit crisis affect your purchasing decisions? Will it make financing your fleet more difficult?
Growth boost
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.
Euroloc gets €120m growth refinancing
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.
Funding completed for aggregates recycling
The UK's Waste & Resource Action Programme (WRAP) has funded £2.3 million (US$4.5 million) of support for recycled aggregate in the latest round of its capital support programme.
New loan guarantees for TENs
The European Commission and the European Investment Bank (EIB) have set up a new financial instrument designed to increase private sector investment in the Trans-European Network (TEN) infrastructure schemes. The Loan Guarantee Instrument for Trans-European Transport Network Projects (LGTT) is designed to mitigate against the risk of low toll revenues in the first few years of projects’ operation.
Plan for new road link
The Asian Development Bank (ADB) is helping Mongolia to fund a road project which aims to link the nation's western region with China and Russia, the ADB said in a statement.
Mexican highway funding secured
The Mexican government is to invest MXN 12 billion (US$ 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.
Infrastructure boost for Ontario
Ontario’s municipalities are to receive an extra CA$ 150 million (US$ 151 million) to build roads, repair sewers and improve other public infrastructure.
Transport blueprint
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.
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