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- Focus Areas
- Transportation
Transportation
Sustainable transportation, addressed by the United Nations ‘global goals’ under Sustainable Development Goal 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.
The OPEC Fund has long been committed to the transportation industry. In 2019, approvals of development financing for transportation-related projects total US$451m.
Commitments by Region
Total commitments: US$ 5,233.43m
- Africa
- Asia
- Latin America & Caribbean
- Europe
Amounts under US$.09m may not be reflected in this chart.
Commitments by Financing Types
Total commitments: US$ 5,233.43m
Public Sector
94.75 %
Private Sector & Trade Finance
5.23 %
Grants
0.02 %
Operations
Sustainable Highlands Highway Investment Program (Tranche 2)
Approved
25.06.2020
Country
Papua New Guinea
Focus Area
Transportation
Status
Ongoing
Rehabilitation of the Sevaré – Gao Road (Sevaré – Boré Section)
Approved
15.04.2020
Country
Mali
Focus Area
Transportation
Status
Ongoing
Upgrading of Caracol Road Project, Phase II
Approved
11.12.2019
Country
Belize
Focus Area
Transportation
Status
Ongoing
Stories and videos
A major port infrastructure project in Togo is driving regional competitiveness and economic growth
Deep water development
New transport infrastructure in Oman to drive increased trade and foreign investment