CHAPTER TWO • OFID OPERATIONS BY SECTOR
Transportation: The journey toward the global goals
Transport connects people to healthcare, social services and job opportunities
Strategic context
Sustainable transportation, addressed by the United Nations ‘global goals’ under SDG 9 on industry, innovation and infrastructure, is vital to ensure that rural communities are not isolated. Safe and efficient transport connects people to healthcare, social services and job opportunities and facilitates regional, national and global trade.
OFID has long been committed to the transportation industry and by the end of December 2018, the organization had committed a cumulative total of $4,715.2m to development operations in the sector. This represents 21% of cumulative total commitments.
Activities in 2018
By end-2018, OFID had committed a cumulative total of
$4.7bn to transport operations
OFID’s 2018 approvals of development financing for transportation-related projects is set to benefit 12 countries. All loans, totaling $296.1m, (nearly 20% of the year’s commitments), were approved under the institution’s Public Sector Operations lending window. The majority of this amount will support the Africa region ($170m). Europe will receive $86.1m and Asia $40m.
Of the $296.1m approved, $192.5m will be used to improve and build roads to support
2.3 Transportation commitments 2018 by region ($m)
170.0 Africa 86.1 Europe 40.0 Asia
2.4 Transportation commitments in 2018 by mechanism ($m)
296.1 Public Sector
regional trade and social and economic services. Projects are located in Albania ($16m), Benin ($24m), Burkina Faso ($19m), Burundi ($20m), Ethiopia ($22m), Kenya ($25m), Niger ($15m), Sri Lanka, ($40m) and Uganda ($11.5m).
The remaining $103.6m will co-fund projects in Egypt ($14m to support food security), Bosnia and Herzegovina ($70.08m to construct an expressway and tunnel), and Cabo Verde ($19.5m to build a ship terminal to strengthen tourism).
A detailed breakdown of operations can be found in Chapter 4. For more information please visit:
http://www.ofid.org/FOCUS-AREAS/ Transportation
Total commitments in 2018: $296.1m
26
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84
