The Islamic Development Bank (IDB) said Monday that it was negotiating with a number of regional and international finance institutions including the World Bank, the European Investment Bank to mobilize funds for Jordan’s $5 billion mega railway project.
The railway, which is expected to change the region’s transportation pattern and boost trade between IDB member countries, will link Jordan with Syria, Turkey, Iran, Iraq, Lebanon, Saudi Arabia and other GCC countries as well as the European rail network……………………………………….Full Article: Source