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

  • Tanzania road development projects being planned
    March 24, 2017
    A series of major road projects are now being planned in Tanzania, with funding sources for much of the work having been identified and secured. The largest of these is being delivered with a World Bank loan worth US$425 million, which will help pay for transport improvements in Tanzania’s capital, Dar es Salaam.
    Read More
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
    Read More
  • Sri Lanka highway funding secured
    May 17, 2018
    A key financing package has been secured for the first phase of Sri Lanka’s Central Expressway project. Funding worth US$1 billion is being provided by China’s Exim Bank for the highway. Construction of this route will improve transport between the port of Colombo and the port of Hambantota.
    Read More
  • Ghana receives Chinese boost
    February 29, 2012
    Ghana's infrastructure system is to benefit from a loan worth US$10.4 billion being awarded by the China Exim Bank.
    Read More

Highlighted Content