US$3bn loan sought by Papua New Guinea government to upgrade key road

The Papua New Guinea government is looking to borrow US$ 3billion to upgrade the country’s vital Highlands Highway. Francies Awesa, the works minister, will go to China to negotiate a loan for the project. The Highlands Highway serves three million people living in highland provinces, and upgrading the road is seen as an important priority for the government’s economic policies.
May 24, 2012 Read time: 1 min
The Papua New Guinea government is looking to borrow US$ 3billion to upgrade the country’s vital Highlands Highway.

Francies Awesa, the works minister, will go to China to negotiate a loan for the project. The Highlands Highway serves three million people living in highland provinces, and upgrading the road is seen as an important priority for the government’s economic policies.

Related Content

  • Germany’s crumbling roads costing billions
    April 21, 2025
    Germany’s crumbling roads are costing billions to repair.
    Read More
  • US$352 million loan for Cameroon road
    January 15, 2025
    A US$352 million loan will help pay for a Cameroon road project
    Read More
  • Key highway projects planned for Indonesia
    September 11, 2015
    Major highway projects are commencing in Indonesia at present. One of the most important is for the Trans-Papua Highway. Work on this is being carried out by the Papua and West Papua Highway Centre. The new highway will be able to link key urban areas including Wondama, Sorong, Manokwari and Enarotali in Pania, Elelim, Jayapura, Ilu, Sinak and Karubaga in Tolikara, Ilaga, Sugapa, Bioga, Nabire and Mulia in Pucak Jaya. Some 827km of the 4,325km highway will pass through jungle area. The construction team has
    Read More
  • UK council plans €64 million highways upgrade
    August 17, 2012
    UK-based Milton Keynes Council is to borrow €64 million (£50 million) for a new road repair programme to tackle the city’s “decaying" roads and pavements. The 1960’s new town, which is located about an hour’s drive north of London, has approved a plan which includes more than €27 million (£21 million) for vital road repair work, €18 million (£14 million) to tackle its ageing bridges and more than €9 million (£7 million) to restore the council’s pavement and footpath network.
    Read More

Highlighted Content