AIIB finances Omani projects

The Asian Infrastructure Investment Bank (AIIB) is to finance two transport projects in Oman to the tune of US$301mn. The China-backed development bank will lend US$265mn to a port project at Duqm and US$36mn towards Oman’s first railway system. The overarching aim is to help develop this section of the New Silk Road as part … Continue reading AIIB finances Omani projects