Categories: India

CAF greenlights $1.09 billion in financing for South American infrastructure projects

Oct 10 (Reuters) – The CAF Development Bank of Latin America and the Caribbean said on Friday it had approved a total of $1.09 billion in financing for infrastructure and climate projects across Brazil, Colombia, Uruguay and Chile. The largest part – $500 million – will be destined for a rail project in Colombia that aims to electrify public transport, CAF said in a statement. (Reporting by Deisy Bruitrago in Caracas; Editing by Kylie Madry)

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