BusinessLogrBusinessLogr
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: Karnataka govt requests European Investment Bank to fund state projects
Share
Aa
BusinessLogrBusinessLogr
Aa
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Follow US
© 2023 BusinessLogr News Network.
BusinessLogr > Investing > Karnataka govt requests European Investment Bank to fund state projects
Investing

Karnataka govt requests European Investment Bank to fund state projects

Loknath Das
Last updated: 2019/01/12 at 9:15 AM
Loknath Das Published January 12, 2019
Share
1 Min Read
SHARE

Karnataka govt requests European Investment Bank to fund state projects

The Karnataka government on Friday urged the European Investment Bank (EIB) to fund other projects in the state.

At the signing of the agreement between the Karnataka government and the EIB, deputy chief minister G Parameshwara thanked the Bank for funding 200 million Euros for funding the Bangalore Metro Rail Corporation Limited for its Phase-2 Reach-6 project from Nagawara to Gottigere in the city.

“While thanking EIB of this, I would like to reiterate our chief minister’s request that EIB may consider funding other infrastructure and sustainability projects in the state,” Parameshwara told the delegation.

This is the second tranche of the payment of 500 million Euros, Parameshwara said, adding that the Asian Infrastructure Investment Bank (AIIB) has also agreed to lend 300 million Euros.

In all, 800 million Euro funding has come for the project, he said.

Maria Shaw Barragan of EIB and others were present besides Karnataka government officials, an official release said.

[“source-businesstoday”]

You Might Also Like

Nearing Retirement? Avoid these mistakes!

Recent Markets: February 2025

5 Investment Options Better Than Fixed Deposits

Investing in Youth: The Role of Development Banks

6 Ways to Add Property Value With a Home Renovation Loan

TAGGED: Bank, European, fund, govt, Investment, Karnataka, Projects, requests, state, to
Loknath Das January 12, 2019
Share this Article
Facebook Twitter Email Print
Share
Previous Article Top Investing Trends to Track in 2019
Next Article HAL and L&T sign MoU to manufacture industry-made PSLV

Most Viewed Posts

  • Environmental thematic investing set for strong growth in 2022
  • Second income center in banks
  • Tieghan gerard income in banks
  • T-Mobile Adds Mexico, Canada to Simple Choice Plan
  • This App Claims to Turn Your Phone into a Tiny Scanner but Does it Measure Up?

Most Viewed Posts

  • Environmental thematic investing set for strong growth in 2022
  • Second income center in banks
  • Tieghan gerard income in banks
  • T-Mobile Adds Mexico, Canada to Simple Choice Plan
  • This App Claims to Turn Your Phone into a Tiny Scanner but Does it Measure Up?

Recent Posts

  • Nearing Retirement? Avoid these mistakes!
  • Decision by the Supreme Court regarding auto financing bars drivers

© 2023 BusinessLogr News Network.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?