Work to start on key Mozambique bridge and roads project

Work is about to get underway on the Maputo-Catembe bridge and the nearby Bela Vista-Boane and Catembe-Ponta do Ouro roads in Maputo province, Mozambique. Cadmiel Muthemba, Mozambique minister of public works and housing, revealed the imminent start date for the project which will include a bridge spanning around 3km, while the roads will have a combined length of 209km.
August 30, 2012 Read time: 1 min
Work is about to get underway on the Maputo-Catembe bridge and the nearby Bela Vista-Boane and Catembe-Ponta do Ouro roads in Maputo province, Mozambique.

Cadmiel Muthemba, Mozambique minister of public works and housing, revealed the imminent start date for the project which will include a bridge spanning around 3km, while the roads will have a combined length of 209km. The roads and bridge will have a total of four tolls. The tolls’ income will be used to finance a loan repayment worth US $681.60 million to the 2834 China Export and Import Bank (ExIm). The two-decade loan features a 4% interest rate and a five-year grace term. The 3366 China Road and Bridge Corporation (CRBC) won the bridge contract valued at $ 725 million. The Chinese firm will also build the project’s roads.

For more information on companies in this article

Related Content

  • Bihar crossing for Ganges River
    November 16, 2016
    A loan facility from the Asian Development Bank (ADB) will help fund work on the project to construct a new bridge over the River Ganges in India’s Bihar State. Because of the width of the river at this point, the bridge will be close to 10km in length, making it the longest in India. The new bridge will improve transport connections between the north and south of the state and the project is expected to cost around US$500 million. Building the bridge will help develop transport and trade in the area, as we
    Read More
  • Loans will help fund Kazakhstan road project
    May 16, 2013
    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
    Read More
  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
    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

Highlighted Content