Mozambique’s road network is to receive international funding for various projects. The 304km road connecting Cuamba and Lichinga in Niassa province will be improved under the plan.
April 24, 2012
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Mozambique’s road network is to receive international funding for various projects. The 304km road connecting Cuamba and Lichinga in Niassa province will be improved under the plan.
Two roads linking Tanzania with Burundi in East Africa will be upgraded. Construction work will start in 2019. Some US$322 million of funding is being provided by the African Development Bank (AfDB). Upgrades will be carried out on the roads connecting Rumonge with Gitaz as well as Kabingo with Kasulu and Manyovu. An new border post will be constructed.
The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further
