Mozambique connection

The authorities in Mozambique are planning to secure loans worth US$300 million from the Export Import Bank of China (Exim Bank). The loans will be used to finance construction of the Maputo Ring Road project. Equipment procurement is scheduled for the project during first six months of 2012. The ring road project will link Maputo to the Costa do Sol neighbourhood, leading to Marracuene district.
April 20, 2012 Read time: 1 min
The authorities in Mozambique are planning to secure loans worth US$300 million from the 1290 Export-Import Bank of China (Exim Bank). The loans will be used to finance construction of the Maputo Ring Road project. Equipment procurement is scheduled for the project during first six months of 2012. The ring road project will link Maputo to the Costa do Sol neighbourhood, leading to Marracuene district.

For more information on companies in this article

Related Content

  • Argentina road deal agreed
    December 4, 2020
    An important road project in Argentina will be financed.
    Read More
  • Construction deals are being signed for the Hong Kong-Zhuhai-Macau Bridge
    April 13, 2012
    Construction procurement agreements have been signed with the authorities handling the Hong Kong-Zhuhai-Macau Bridge project. The project is worth US$11.56 billion and is is designed to have a lifespan of 120 years. The 50km bridge is planned to open for traffic in 2016 and will connect Zhuhai in China’s Guangdong Province with Macau and Hong Kong. Wuchang Shipbuilding Industry and China Railway Shanhaiguan Bridge Group have signed contracts in connection with the project. The bridge is designed to be able
    Read More
  • Polish projects lined up
    July 3, 2012
    The Polish authorities are calling tenders for eight sections of a delayed stretch of the A1 highway. The 180km section is between Strykow to Pyrzowice and the tenders will be for design and construction work. The project is worth €1.8 billion and the contracts are expected to be signed in September of this year, with construction commencing in the second half of 2011 and due for completion in 2014. Meanwhile, over €84 million is being invested on a ring road construction project around Przemysl. Approval h
    Read More
  • US$700 million for new Argentina bridge
    November 27, 2023
    A US$700 million loan is helping pay for new bridge in Argentina.
    Read More

Highlighted Content