News
18 July 2017

EIB lending to Bangalore Metro phase 2 project

Region:
Asia-Pacific

The EIB is providing a $500 million loan to Bangalore Metro Rail Corp (BMRC) to part finance phase 2 of the Bangalore Metro project. BMRC is also in discussions with the AIIB for a separate Rs23 billion ($357 million) loan and has already received a Rs15 billion loan for phase 2 from AFD.

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