{"id":443009,"date":"2016-11-23T17:25:09","date_gmt":"2016-11-23T17:25:09","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=443009"},"modified":"2016-11-23T17:25:09","modified_gmt":"2016-11-23T17:25:09","slug":"government-moldova-approves-eib-loan-11-new-locomotives-railways-modernization","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/government-moldova-approves-eib-loan-11-new-locomotives-railways-modernization\/","title":{"rendered":"Government of Moldova approves EIB loan for 11 new locomotives and railways modernization"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>The Government of Moldova <a href=\"http:\/\/gov.md\/ro\/content\/infrastructura-feroviara-va-fi-modernizata-cu-sustinerea-bancii-europene-de-investitii\" target=\"_blank\">approved<\/a>, on November 23rd, the contract with the European Investment Bank on financing the rehabilitation and development of railway infrastructure <a href=\"http:\/\/www.moldova.org\/en\/european-investment-bank-lends-50-million-euros-moldova-modernization-railways\/\" target=\"_blank\">with 50 million euros<\/a>.<\/p>\n<p>The project consists of the acquisition of 11 mainline diesel locomotives for goods and passenger transportation and the rehabilitation of certain sections of the railway infrastructure. The priority routes will be Bender-Chi\u0219in\u0103u-B\u0103l\u021bi-Ocni\u021ba and Bender-Basarabeasca-Etulia-Giurgiule\u0219ti. The final beneficiary of the project will the national railway company, C\u0103ile Ferate ale Moldovei (CFM), whose financial sustainability and competitiveness is aimed at.<\/p>\n<p>The project has already received a 5 million euros investment grant from the European Union, and is co-financed by the European Bank for Reconstruction and Development, who loaned 52,5 million euros.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>The Government of Moldova approved, on November 23rd, the contract with the European Investment Bank on financing the rehabilitation and development of railway infrastructure with 50 million euros. The project consists of the acquisition of 11 mainline diesel locomotives for goods and passenger transportation and the rehabilitation of certain sections of the railway infrastructure. The [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":442699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-443009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>The Government of Moldova <a href=\"http:\/\/gov.md\/ro\/content\/infrastructura-feroviara-va-fi-modernizata-cu-sustinerea-bancii-europene-de-investitii\" target=\"_blank\">approved<\/a>, on November 23rd, the contract with the European Investment Bank on financing the rehabilitation and development of railway infrastructure <a href=\"http:\/\/www.moldova.org\/en\/european-investment-bank-lends-50-million-euros-moldova-modernization-railways\/\" target=\"_blank\">with 50 million euros<\/a>.<\/p>\n<p>The project consists of the acquisition of 11 mainline diesel locomotives for goods and passenger transportation and the rehabilitation of certain sections of the railway infrastructure. The priority routes will be Bender-Chi\u0219in\u0103u-B\u0103l\u021bi-Ocni\u021ba and Bender-Basarabeasca-Etulia-Giurgiule\u0219ti. The final beneficiary of the project will the national railway company, C\u0103ile Ferate ale Moldovei (CFM), whose financial sustainability and competitiveness is aimed at.<\/p>\n<p>The project has already received a 5 million euros investment grant from the European Union, and is co-financed by the European Bank for Reconstruction and Development, who loaned 52,5 million euros.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/government-moldova-approves-eib-loan-11-new-locomotives-railways-modernization\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" 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