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Geotechnical Egineering News tagged with [project funding]

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Frankfurt Airport gets funds to start €3bn expansion
The construction index   14 March 2017   Germany   Europe  
EIB's Ambroise Fayolle with Fraport's Dr Matthias Zieschang (source: The Cosntruction Index)
<p>The operator of Frankfurt Airport in Germany has secured a &euro;400m (&pound;350m) loan, enabling work to start on its &euro;3bn expansion programme.</p> <p>The European Investment Bank (EIB) is providing Fraport with a loan for EUR 400m. The overall investment ...
Filed under: Construction News
Saudi Binladin to get $2.7 bln extension for Mecca mosque -sources
Reuters   10 February 2017   Kingdom of Saudi Arabia   Middle East  
Saudi Binladin Group’s (SBG) logo
<p>Creditors have agreed in principle to Saudi Binladin Group&rsquo;s (SBG) request for a two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit facility used to pay for delayed building work at the Grand Mosque in Mecca, sources said.</p> <p>Reuters ...
Filed under: Construction News
UAE committee approves 420 projects worth $136m
FILE PHOTO - SHUTTERSTOCK
<p>The UAE President&rsquo;s Initiatives Committee has endorsed 420 construction projects at a cost of AED500 million ($136m).</p> <p>The projects will be implemented across the country, according to a statement carried by UAE state news agency WAM.</p> <p>During ...
Filed under: Construction News