The Netherlands has renewed its system of financial support for major infrastructure projects in developing countries. “The building and construction of, for example, ports, irrigation systems and coastal protection are crucial to economic development and improve the lives of the population. The new DRIVE program plays an important and innovative way in this,” says Minister Ploumen for Foreign Trade and Development.

It is expected that over the coming years investments in infrastructure will increase enormously in Africa. Reports speak of a ‘boom’ more than $ 100 billion in investments annually over a long period. DRIVE stands for Development and Related Infrastructure Investment Vehicle, and is the successor of the Program for Development-related Infrastructure in Developing Countries (ORIO).

Continue reading the press release (in Dutch).

More information in English at the RVO Website.