AIIB Approves Loans, Port Duqm Project in Oman
Posted on 12/23/2016
Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved two loans totaling US$ 301 million for transport sector projects in Oman. Specifically, US$ 265 million is going toward the maritime infrastructure at the Port of Duqm, while the other US$ 36 million is going toward Oman’s first railway system. Since January 2016 till year-end, AIIB approved […]
