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

  • Bangladesh infrastructure – funding offer
    July 2, 2018
    Financing now looks to be secured for two major infrastructure projects in Bangladesh. The US$300 million Tamabil to Sylhet highway looks likely to receive a funding package from the Asian Infrastructure Development Bank (AIIB) in China. The feasibility study for the Shambhuganj Bridge also looks likely to receive funding from the AIIB.
    Read More
  • Highway traffic management and tunnel safety
    May 14, 2012
    Austria’s new A5 autobahn is now officially open to traffic and the highway is also the first in the country being built under the PPP model. The first 16km stretch of the highway was opened in November 2009 on schedule with the second 35km section now having been opened as well. The contract was carried out by concession company Bonaventura Strassenerhaltungs, a partnership headed by German company Hochtief and Austrian firm Alpine Bau each with 44.4% stakes while French firm Egis Preojects holds the remai
    Read More
  • From Bangalore to Dumfries, plastic waste technology is reinforcing our roads
    May 2, 2018
    At last some good news about plastic waste: road authorities around the world are starting to use it in their roads - Kristina Smith reports.
    Read More
  • Chinese input to Pakistan highway
    April 16, 2025
    Pakistan and China are poised to enhance the Karakoram Highway (KKH)
    Read More

Highlighted Content