Transport Sector: The Key To Economic Development

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The transport sector is the key to economic growth and the transformation of the region factor . by Provide physical networks and services in the economy and society depends for The movement of people and transport of goods and increases the chances that businesses and consumers For markets and services and promote economic diversification and regional integration , and support The growth of the economy in general. From a social perspective , transport supports the movement of people So that all people can benefit from access to basic public services such as health and education, And access to labor markets , which could also have important implications for economic integration And gender equality . It is also allowing international trade - in the modern global economy No country is self-sufficient and , on the basis of all goods produced elsewhere - and provides transportation Means for emerging markets to integrate into the world economy. This integration creates Opportunities for businesses in the region to expand and develop , supporting the role Creation. In addition to facilitating the economic development of the area, the transfer of Investments also Having the ability to generate environmental and social impacts of harmful , including The issues of resettlement and livelihood , and the health effects of congestion and pollution, and loss Biodiversity. Bank recognizes the essential role that networks and transport services play In improving the quality of life of the citizens of the region, and increase the opportunities available to Commercial development . At the same time, the need for sustainable development is recognized Transport systems that are in line with economic growth , respect for the environment and social Su... ... middle of paper ... ...on Riders from across the region , and updating caravans , trucks and airlines and transport fleets , and Expanding capacity at ports and airports. From 2005 to 2012, the Bank signed 116 Transactions totaling € 6.7 billion in cumulative net volume of business . Storage Units Effectively doubled in 2009 , as the Bank has responded quickly to the impact of the financial crisis And the economic crisis that followed to ensure continuity of priority investments on track and the list Clients access long-term financing . Project sizes ranged from less than 5 euros Millions of people , such as transactions in the private sector in ports and maritime transport and aviation, and transactions € 200 million or more , which tend to be capital-intensive projects , railways, roads , including PPP. This demonstrates the flexibility of the bank to meet the diverse needs of transfer

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