The European Investment Bank (EIB) and ING today signed an agreement to support green investments for the European shipping market for a total value of EUR 300m. ING and EIB will each contribute EUR 150m to the facility. This agreement will ensure that sponsors of green and sustainable projects in the maritime transport sector can benefit from advantageous financial terms.
During a high-level visit to Kigali later this week the European Investment Bank is expected to confirm EUR 69 million of new infrastructure and private sector investment in Rwanda. This will include announcement of the EIB’s first public sector investment in the country to support construction of the first public sewage system in Rwanda. Once operational the new sewage network will both transform the urban environment in Kigali and further enhance recognition of Rwanda’s capital as a green city.
In December 2017 compared with November 2017, seasonally adjusted production in the construction sector increased by 0.1% in the euro area (EA19) and by 0.6% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In November 2017, production in construction grew by 0.2% in the euro area and by 0.5% in the EU28.