World Bank agrees third Eastern DFC loan

Construction of the Eastern Dedicated Freight Corridor.

INDIA: The World Bank board approved a US$650m loan to support the construction of the Eastern Dedicated Freight Corridor on June 30. The loan from the International Bank for Reconstruction & Development has a seven-year grace period and a maturity of 22 years.

You’ve reached your limit of content for the month

Get enhanced access to Railway Gazette news and weekly newsletters.

Register for free now