Saturday 25 March 2023

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Fehmarnbelt launches tender process for €200m rail contract

Tender process opens for major road and rail tunnel between Germany and Denmark.

EIB and Italian government to fund €3.4bn for Palermo-Catania railway upgrade

Direct grants and counter guarantees used for the first time to modernise 178km of railway in Italy. 

EBRD announces €1.5bn for Turkey recovery

The European Bank for Reconstruction and Development to support business, rebuild railways and more in Turkey's earthquake-hit regions.

European Investment Bank agrees $5.5bn of energy, transport and social projects

EIB-funded projects include renewable energy grids, rail networks, new hospitals, urban development and more.

World Bank plans $585m for Ukraine transport network

First $50m grant supports immediate humanitarian relief and recovery, and increase capacity of import and export corridors.

EBRD announces record investments in Moldova, Poland and Ukraine

Huge investment for Ukraine spurs rather than holds back major investments in neighbouring states.

Development banks back Alexandria metro upgrade

AIIB, EBRD, EIB and Agence Française de Development will co-finance Alexandria metro upgrade.

Arup supports long-awaited Boston Green Line Extension opening

Opening of key Boston rail link will help the city meet its carbon neutrality goals ad improve passenger experience.

Keeping India’s economic development on track

The corporation was created to construct, maintain and operate 2,843km of double-track electrified railway tracks across India for $12bn.

Bright future at risk from climate change, says Lagos state governor

Babajide Olusola Sanwo-Olu: "The journey to drastically cut greenhouse gasses in our city, is a long one, but we cannot afford not to act. The cost of allowing rising sea levels and worsening climate events is too high."
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