Luxembourg, 10/10/2005 (Agence Europe) - The European Investment Bank is lending EUR 150 million for co-financing of priority projects fostering the development of the Latvian economic and social infrastructure that are co-financed by the EU Structural Funds as well as projects in the fields of the environment and Trans-European networks co-financed by the EU Cohesion Fund. The loan will be used by the Latvian State for the investments in priority areas identified in the Single Programming Document and the Cohesion Fund Reference Framework for 2004-2006, such as the development of transport, energy and water infrastructures as well as implementation of Community standards in the area of environment and the development of infrastructure of health and education, for example, the development of ICT infrastructure for labour market institutions, public internet access points, establishment of waste separation and collection points, drinking water supply and waste water treatment and upgrading Latvian priority road networks and the East-West railway Corridor including access roads to Latvian ports.