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VIENNA Air Vapormax Flyknit Sale , Dec. 17 (Xinhua) -- Under a new project 30,000 new apartments could be constructed in Austria over the next five years at a cost of eight billion U.S. dollars, the heads of construction association, construction unions Air Vapormax Sale , non-profit developers and building societies told media on Wednesday.
About 1.6 billion dollars will be made available each year for the construction of 5,000 apartments, of which a third will come from European Investment Bank (EIB).
The project will house about 68,000 people in total and will bring a boost to the domestic economy of 0.4 percent GDP growth and contribute to a reduction in public debt of 1.5 percent.
Additionally it is expected to create 30 Nike Vapormax Shoes Sale ,000 jobs, 15,000 to 20,000 of which will be permanent.
Josef Muchitsch from the Wood Construction Union said the "innovative" project came about because Austria has too few options for affordable housing and too few job vacancies. Additionally it will use available capital at historically low interest rates Nike Vapormax Mens Sale , he said.
Muchitsch said he assumes the government will now review the model for the project, with Minister for Social Affairs Rudolf Hundstorfer having already announced his support Wednesday given the project would not put pressure on the national budget.
LONDON, March 1 (Xinhua) -- Male boxers will not wear protective headgear at Rio 2016 after the International Olympic Committee ratified the rule change by the sport's governing body.
The International Boxing Association (AIBA) adopted the change for amateur fighters three years ago but ruled that female fighters will continue to wear headgear.
Boxers have worn headgear in every Olympics since the 1984 Los Angeles Games.
NAIROBI, May 29 (Xinhua) -- The World Bank's private sector arm Nike Vapormax Womens Sale , the International Finance Corporation (IFC), on Friday inked a new partnership with Chinese construction and engineering company to develop low-cost houses in three African countries.
IFC and CITIC Construction Co., Ltd will set up a joint venture and inject 300 million U.S. dollars to develop 30,000 homes in Kenya Nike Vapormax Plus Sale , Rwanda and Nigeria in the next five years.
"As Sub-Saharan Africa becomes more urbanized, the private sector can help governments meet the critical demand for shelter," IFC director for Eastern and Southern Africa, Oumar Seydi told a news conference in Nairobi.
Seydi added the joint venture with Chinese construction firm will transform housing market across Sub-Saharan Africa by providing high quality Nike Vapormax Flyknit Sale , affordable homes, creating jobs and demonstrating the viability of the sector to local developers.
Construction Chairwoman Hong Bo said her company has a proven track record in the implementation of large scale housing schemes in Africa.
"CITIC will take advantage of our engineering experience and delivery capability to develop more affordable houses for Africa through the platform with IFC," she said, adding that new housing units will be built in accordance with IFC's green building standards.
The United Nations Human Settlements Program (UN-Habitat) said Africa is currently the most urbanizing continent with 40 Nike Vapormax Sale ,000 people streaming into cities daily, looking for job opportunities, raising a housing crisis in many African cities.
Seydi emphasized that pro-poor investments are crucial to promote access to cheaper and high quality houses for the burgeoning urban population across Sub-Saharan Africa.
"IFC will partner with financial institutions to deliver affordable homes for middle income earners in African cities. A home is a source of pride and security for any individual," Seydi said Cheap Nike Air Vapormax Shoes , adding that IFC will lend technical assistance to ensure new housing units meet environmental standards.
IFC settled for the Chinese company to develop low cost houses in Africa owing to its engineering prowess, global reach and grasp of market dynamics. Seydi added IFC shares identical social and ecological values with the Chinese construction firm.
A joint IFC-CITIC venture will not only revitalize Africa's housing market but also unleash job opportunities for the youth.
NEW DELHI， Jan. 23 (Xinhua) -- Two people were killed and scores injured Sunday as bullfighting sport - Jallikattu resumes in southern Indian state of Tamil Nadu， officials said.
The otherwise banned Jallikattu restarted in the state after local and India's federal government passed an executive order regarding resumption of the tradition to invalidate the ban on it.
The executive order was passed in wake of ongoing massive protests in the state seeking lifting of ban on Jallikattu.
"In Tamil Nadu， two persons were killed when they were injured in Jallikattu in Pudukottai district，" state-run broadcaster - All India Radio said. "The bull-taming sport was inaugurated by state Health and Family Welfare Minister C Vijayabhaskar."
Local media reports put the number of injured in the district at 129.
However， the main event to hold the Jallikattu that was scheduled to be inaugurated by Tamil Nadu Chief Minister O Panneerselvam at Alanganallur was cancelled after locals foiled the event. The protesters fearing legal hindrances were demanding a "permanent resolution" of the issue by bringing an amendment to the Prevention of Cruelty to Animals Act.
"The ban on Jallikattu has been removed completely. The sport will be held at Alanganallur on a date decided by local people，" Panneerselvam later told reporters.
Ahead of passing the ordinance， Panneerselvam met Indian Prime Minister Narendra Modi， following which India's federal government cleared the local government's proposal for the executive order.
India's apex court which has put ban on the sport agreed to federal government's request on Friday to defer its judgment on Jallikattu.
Tamil Nadu Governor Vidyasagar Rao has approved the executive order by the local governmen. Cheap England Soccer Jerseys Cheap Croatia Soccer Jerseys Wholesale Colombia Jerseys Wholesale Chile Jerseys Wholesale Brazil Jerseys Wholesale Belgium Soccer Jerseys Wholesale Argentina Soccer Jerseys Wholesale Wales Soccer Jerseys Wholesale USA Womens Soccer Jerseys Wholesale Uruguay Soccer Jerseys
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