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

  • New bridges for Belgrade
    February 27, 2012
    Work is now underway in Serbia to build a new bridge over the Danube River.
    Read More
  • MonteAdriano nets $92m Mozambique contract
    May 1, 2012
    MonteAdriano Engenharia e Construcao has been awarded two contracts in Mozambique worth a combined US$92.33million. The Portugese construction and engineering company will renovate and build two roads with a joint length of 58km near the provinces of Zambezia and Niassa, and two roads with a combined length of 90km in Tete province. The works must be completed within 18 months.
    Read More
  • Progress on Serbia’s Zezeljev bridge replacement is slow
    August 30, 2017
    Construction of the Zezeljev rail and road bridge across the Danube River is facing further delays, according to the Serbian government. Work on the 470m-long new bridge was supposed to be finished by this month. But national elections and changes of government have hampered progress, Serbian media have reported. The original bridge was completed in 1961 as a single-track railway line and separate roadway between the cities of Novi Sad and Petrovaradin. NATO attacked the structure five times during its camp
    Read More
  • New highway connections planned for Serbia
    September 6, 2012
    The authorities in Serbia are pushing ahead with plans for the Corridor 10 and Corridor 11 highways. Serbia's national state owned highway company, Koridori Srbije, has awarded the contract for advisory services for the €1.9 billion Corridor 10 project to French company Egis International. Under the terms of the deal Egis will provide support for construction of 83.4km of the E-80 highway between the City of Nis and the Bulgarian border at Dimitrovgrad.
    Read More

Highlighted Content