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

  • Major Europe-Asia bridge connection in Turkey
    July 1, 2014
    The 3rd Bosporus Bridge and the Northern Marmara Motorway will improve transport links between Europe and Asia and cut chronic congestion in Istanbul, Turkey’s largest city - Mike Woof reports Work is now well underway on the 3rd Bosporus Bridge and the Northern Marmara Motorway, providing a new link for Turkish city Istanbul and the region as a whole. This enormous bridge and highway project is breaking several records for Turkey in terms of scale, as well as setting a number of international records for e
    Read More
  • Chinese infrastructure growth
    May 23, 2014
    Plans are in hand for transport expansion in China. This includes major works in the Chinese provinces of Hubei and Hebei as well as the city of Yibin. In Hubei province the infrastructure programme calls for 6,500km of highway to be complete by the end of 2015. Hubei Province has spent US$17.07 billion in the first three years of the 12th Five-Year Period (2011-2015) on highway construction. At the moment, 2,278km of highway is under construction in the province. Meanwhile Hebei Province plans to spend $3.
    Read More
  • Paraguay road contract financing model changed
    October 15, 2019
    A different financing model will now pay for work to upgrade Paraguay’s Route 2 road link.
    Read More
  • India highway works planned
    July 28, 2020
    Key highway works are being planned in India.
    Read More

Highlighted Content