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24 May 16
The European Union’s €28bn effort to shift freight from road to rail has failed, with the amount of freight carried by train actually decreasing since 2011, according to the European Court of...
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7 Mar 16
Reforming Serbia’s expensive public sector will be key to accelerating the country’s accession to the European Union, the World Bank regional vice president has said.
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29 Feb 16
The World Bank approved a $120m loan to China last week to support transport development in Wuhan, the capital of central China’s Hubei province.
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26 Feb 16
The African Development Bank will deliver almost $1.5bn in financing to Tanzania and the Seychelles over the next five years.
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11 Feb 16
Iran’s development bank for industries and mining has signed its first post-sanctions financing agreement with India’s Export-Import Bank to develop Iran’s railways.
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9 Feb 16
The European Union is to support the delivery of public services and encourage better public financial management in Liberia with financing agreements totalling $64m.
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8 Dec 15
The European Investment Bank has approved a $600m loan towards the construction of a power plant in Egypt that will help the country secure a sufficient, reliable and affordable energy supply.
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3 Dec 15
Eight major global development banks have made a joint commitment to mitigate transport emissions and ensure networks are resilient to climate change.
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6 Nov 15
The European Commission is asking member states for innovative transport project proposals as it seeks to allocate €7.6bn of finance from its Connecting Europe Facility (CEF).
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5 Nov 15
Asian countries need to invest at an “unprecedented scale” in transport infrastructure, the Asian Development Bank vice president has said.
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30 Jun 15
The European Commission has unveiled a €13.1bn plan to invest in 276 transport projects, in a bid to boost the region’s economy and create more favourable conditions for growth and jobs.