• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Europe

EIB to fund M8 motorway project in Scotland

22nd May 2014
in Europe, News, Roadways
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

The European Investment Bank (EIB) has agreed to provide £175m funding towards completion of the M8 motorway link between Glasgow and Edinburgh in Scotland.

The investment programme will also include major improvements to the M73 and M74 motorways.

European Investment Bank UK and Ireland vice-president Jonathan Taylor said: “The European Investment Bank is committed to supporting crucial investment in essential infrastructure across Europe and we recognise the importance of the M8 scheme to upgrade Scotland’s core motorway links.

“This project will not only provide economic benefits during construction, but will also improve safety and reduce costs for business in the years ahead through improved travel times.

 

“We are committed to providing significant long-term financial support for the scheme.”

The new M8, M73 and M74 improvements projects will allow for safer and quicker journeys, while generating employment for hundreds of people during construction.

The project will also create long-term employment opportunities throughout the 30-year operation and maintenance of the new roads.

Scottish Transport Minister Keith Brown said: “This marks a significant milestone in the timeline of what is a major transport infrastructure project for Scotland.

“Not only will these works vastly improve connectivity across Scotland’s central belt, the project will deliver far-reaching benefits to the wider Scottish economy.”

Debt financing for the scheme is equally divided between a direct loan from EIB and a bond placement with international investors.

Previous Post

World Bank to support major highways project GSHP-II in India

Next Post

Ricardo-AEA to lead major project for future urban transport challenges

Related Posts

Airways

Madrid-Samarkand Flight Facilitates UNWTO In Uzbekistan

29th September 2023
News

DB Schenker to expand in the UK with new Manchester facility

28th September 2023
Lufthansa Cargo expands A321F network in Europe
Airways

Lufthansa Cargo expands A321F network in Europe

28th September 2023
News

Growing Green Energy Projects Boosts Breakbulk Sector of North America

26th September 2023
News

Sarens Canada Leading The Way In Crane & Transport Equipment

26th September 2023
News

Breakbulk sector getting ready for EU Emissions Trading System

26th September 2023
Next Post

Ricardo-AEA to lead major project for future urban transport challenges

Latest Post

Swiss International Air Line flies medical equipment to Switzerland
Airways

World Courier invests in SAF with Swiss WorldCargo

2nd October 2023
Airways

Madrid-Samarkand Flight Facilitates UNWTO In Uzbekistan

29th September 2023
Lufthansa Cargo expands A321F network in Europe
Airways

Lufthansa Cargo expands A321F network in Europe

28th September 2023
DHL Global Forwarding Meets Demand for Australia's High Value Perishables Exports
Airways

DHL Express launches its first network flight to Argentina

7th September 2023
ANA Cargo becomes first Japanese carrier to join Pharma.Aero
Airways

ANA Expands SAF Flight Initiative Services for Air Cargo

7th September 2023
Menzies Aviation extends cargo partnership with Jazeera Airways at Kuwait Airport
Airways

Menzies Aviation extends cargo partnership with Jazeera Airways at Kuwait Airport

5th September 2023
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.