$15.3 billion Bridgestone Global Partners Facility For Infra Development Now Obtainable
Bridgestone Global Partners is making available a $15.3 billion facility that will finance improvements in the logistics and infrastructure systems of the communities to which the firm's corporate offices belong to.
- (1888PressRelease) September 19, 2012 - Bridgestone Global Partners, President & Chief Executive Officer Mr. Robert Campbell said the Logistics Infrastructure Development Project (LIDP) is a continuation of Bridgestone Global Partners' Sustainable Logistics Development Program (SLDP) but on a more expanded scope.
"The LIDP particularly provides long-term funding for critical infrastructure projects such as ferries, vessels and related facilities such as ports and ramps; toll roads, bridges, and related maintenance equipment," Mr. Robert Campbell said during an investor's briefing held recently at the Corporate HO in London.
Other projects eligible under this facility are packaging, transport, and distribution facilities, projects under bulk grains highway which facilitates efficient transport of products across the UK and overseas, and projects under cold chain highway which re-engineers the logistics system for perishables.
"This facility will improve efficiency and enhance movement of products and goods to the major trading areas to help boost the community economy," Mr. Campbell added.
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