Papua New Guinea, June 8 -- EIB Global, the development arm of the European Investment Bank (EIB), is providing $25 million in financing to Papua New Guinea to expand networks for drinking water in towns across the country and in the capital Port Moresby. The project aims to bring steady supplies of potable water to an extra 400,000 people in Papua New Guinea.The EIB Global support takes the form of a loan to the government of Papua New Guinea, the most populous Pacific island nation with more than 10 million inhabitants. State-owned utility Water PNG will carry out the project. This concessional loan is supported by the European Union with a €13.4 million investment grant and €3 million for expert help to implement the project,...