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« US Exim Bank to increase Indian infrastructure portfolio, enters pacts with ICICI Bank, others | Main | India's Infrastructure Sector Contributes 12% On Total Job Growth, Says Assocham »

August 20, 2008

$200m deal for roads and ports

MARTIN KAY in Niue

Struggling Pacific nations will get a $200 million boost over four years to develop infrastructure under a deal agreed between New Zealand, Australia and the Asia Development and World banks.

Speaking in Niue, where the leaders of the 16 Pacific Islands Forum nations are gathered for their annual meeting, Prime Minister Helen Clark said the new Pacific Regional Infrastructure Fund would coordinate donor aid to the region.

Full Story...

Posted by boyang at August 20, 2008 7:49 PM