In St. Petersburg, a 25-kilometer-long flood protection wall — Eastern Europe’s largest construction project ever — is nearing completion. In addition to a $245 million loan from the European Bank for Reconstruction and Development, the project has been made possible by donors including Japan, the Netherlands, Taipei China, the United Kingdom, the European Commission and the Northern Dimension Environmental Partnership. The estimated total cost of the project is $2 billion.
For a press release, see http://www.ebrd.com/new/stories/2007/070118.htm
Harvard International Law Journal
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