Ghana receives Chinese boost

Ghana's infrastructure system is to benefit from a loan worth US$10.4 billion being awarded by the China Exim Bank.
February 29, 2012 Read time: 1 min
Ghana's infrastructure system is to benefit from a loan worth US$10.4 billion being awarded by the 3422 Chinese Exim Bank. The Ghanaian Government is planning to spend the loan on a series of infrastructure projects aimed at improving transport and other essential services. One key road transport project already identified for investment is the Eastern Corridor development, which will receive $400 million of the loan.

For more information on companies in this article

Related Content

  • Chinese loan for Bangladesh
    August 26, 2021
    A Chinese loan will be used for road works in Bangladesh.
    Read More
  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
    Read More
  • Bangladesh road funding secured
    September 6, 2021
    A major road funding package has been secured for Bangladesh.
    Read More
  • Serbia’s road network may benefit from major Chinese investment
    September 27, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions. Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects.
    Read More

Highlighted Content