Belarus benefit from Chinese backing

Work on a key road project in Belarus is being financed by Chinese sources.
February 28, 2012 Read time: 1 min
Work on a key road project in Belarus is being financed by Chinese sources. An agreement between the Belarus Government and China's Exim Bank has been made over the Zhlobin-Gomel road. Under the terms of the agreement, the Exim Bank will provide a package loans worth some US$1.06 billion that will be used to fund improvements and upgrades to the road that will increase capacity and safety standards.

Related Content

  • Serbia: end in sight for finishing southern part of Corridor 10
    August 26, 2016
    Serbia’s minister of construction and infrastructure, Zorana Mihajlovic, said that the southern part of the Corridor 10 motorway is expected to be completed by the end of 2017. Speaking to the Beta news agency, she also said that work on the Corridor 11 motorway, on the Ub-Lajkovac section, is being carried out in cooperation with Chinese partner company Shang Dong. The government has also signed an agreement for construction of the Surcin-Obrenovac part of the Corridor 11. Ongoing talks between Serbi
    Read More
  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
    Read More
  • Chinese investment sought for Cameroon roads
    September 19, 2024
    Chinese investment is being sought for Cameroon’s road improvements.
    Read More
  • Ghana-China road deal settled
    January 28, 2019
    The agreement between Ghana and China over a road construction project has been settled. The deal will see Ghana effectively trading bauxite from a mining operation with a Chinese firm, which will build road links in the West African nation. The deal is called the Sinohydro Bauxite Barter Arrangement and has been set up with Ghana’s Government. Ghana will supply the firm with around 5% of its refined bauxite production under the agreement. Construction work is commencing on the first stage of the project,
    Read More

Highlighted Content