Wednesday 13 May 2009
News from UIC Members

EIB and EU-Africa Infrastructure trust fund work together to help rebuild Beira Transport corridor in Mozambique

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The European Investment Bank (EIB) is lending EUR 65 million to the Republic of Mozambique for the rehabilitation of the Beira corridor in Mozambique. The EIB loan will be complemented by a EUR 29 million interest rate subsidy from the EU-Africa Infrastructure Trust Fund. The funding package will support improvements to the Sena railway line and the restoration of the Beira port access channel.

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