Islamic Development Bank Extends $668 Million in Loans, SPA Says - High Speed Railway Ankara Konya Included

www.bloomberg.com - The Islamic Development Bank, a Saudi Arabia-based multilateral lender, approved $668 million in loans to finance projects in 12 countries, the Saudi Press Agency reported, citing the bank.

The loans include $229 million for a 304-kilometer (189- mile) high-speed rail line linking Turkey’s capital Ankara with Konya and $228 million for a sewerage network west of the Iranian capital Tehran, the news service said. (source)