Boost for Indian rail

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The World Bank is to draw up plans for a US$77B makeover for the Indian Rail Network to transform it from a colonial era means of mass trans...

Concession extension for Dar

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After years of criticism of its operations, Tanzania International Container Terminal Services’ (TICTS) concession to operate Dar es Salaa...

Boost for Dar es Salaam

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Tanzania’s finance and planning minister, Philip Mpango, has announced that the World Bank has agreed to lend US$305M to the Port of Dar e...

WB funds East India corridor

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The Washington DC-based World Bank has advanced a third loan to India for the development of its Eastern Dedicated Freight Corridor (EDFC), ...

US$1.2B for East Africa

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The World Bank has announced it will provide US$1.2B to support infrastructure development and improve the competitiveness of the East Afric...

African rail steaming ahead

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Rail has a bright future in Africa as both public bodies and private companies see the mode as encouraging economic development....

Dar es Salaam ‘must improve’

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The latest Tanzania Economic Update published by the World Bank has called for productivity and efficiency improvements at the port of Dar e...

Bissau on the brink

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The World Bank (IBRD) has warned that the West African port of Bissau is on the verge of becoming unusable because of silting. Rivers carry ...

IFC funds Santos terminal

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International Finance Corporation (IFC), part of the World Bank Group, is providing financing for the new container terminal being developed...

Karachi secures WB loan

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The World Bank will provide a loan of US$115.8M to rebuild four damaged berths on East Wharf at the Port of Karachi, adding 400m of quay wal...

Rijeka expansion under way

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The Croatian City of Rijeka is investing €26M in expanding the Brajdica container terminal at the Port of Rijeka....