IFC funds Buenos Aires bus network

IFC funds Buenos Aires bus network

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The IFC said it will provide $50m in financing for public transit investments in the city of Buenos Aires, including the construction of new bus rapid transit (BRT) lines on the Metrobus service.The nine-year, peso-denominated loan will also help pay for new bike lanes and bike-sharing stations in the city, the IFC said in a statement. The Metrobus system is part of a $400m investment program to improve public transit and reduce traffic exhaust in Buenos Aires. The city opened 2.9km of the

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