Deals this week: ADB and EIB

TIN news:  To improve tourism and transport connectivity to the five provinces in the Vietnam Development Triangle Area (VDTA), Asian Development Bank (ADB) has announced a $106.51m loan, which will be used to improve and upgrade existing roads.
The loan will be used to upgrade 236.7km of national and provincial roads across the five provinces of Binh Phuoc, Dak Lak, Dak Nong, Gia Lai, and Kon Tum, and also to improve 26.6km of strategic roads connecting VDTA to border crossings with Cambodia and Lao PDR.
In another development, ADB has agreed to offer a $9m grant for the upgrade and rehabilitation of a road network in South Tarawa, Republic of Kiribati, under the Kiribati Road Rehabilitation Project, which is also being supported by the World Bank and the Government of Australia.

"The grant will be used for the construction of certain key road network links including 7.8km of paved road and 0.5km of unpaved road in Betio and Bairiki areas."

The grant will be used for the construction of certain key road network links including 7.8km of paved road and 0.5km of unpaved road in Betio and Bairiki areas.
The Georgia government has received €250m ($262.79m) in loan assistance from the European Investment Bank (EIB) for the upgrade and rehabilitation of priority roads identified by the government.
The project will improve international connectivity to the state by focusing more on highways and domestic mobility. It will also contribute to strengthen key links between the state Georgia, Ukraine and Europe, Armenia, Azerbaijan and Turkey.