Zimbabwe's road plan

Zimbabwe looks set to receive a US$1.3 billion loan from the Development Bank of South Africa (DBSA).
February 24, 2012 Read time: 1 min
Zimbabwe looks set to receive a US$1.3 billion loan from the 3204 Development Bank of South Africa (DBSA). This will be used to fund construction work on a new dual carriageway that will connect Beitbridge with Chirundu and run through capital Harare. The proposed road will be called the North-to-South Corridor and will provide a key route for Southern Africa by connecting Zimbabwe with its neighbours Zambia and South Africa. The DBSA is also funding a $500,000 feasibility study for the project, which will start shortly and the construction work itself is planned to start in 12 months time.

For more information on companies in this article

Related Content

  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Japanese loan for Botswana to Zambia bridge
    October 18, 2012
    A new bridge link will be constructed between Botswana and Zambia in Southern Africa. Some of the funding for the bridge is being provided in the form of a US$113 million loan from the Japanese Government. The Kazungula bridge project is expected to cost $260 million in all. Close to $78.5 million is coming from the African Development Bank and Zambia is providing $1.6 million while the Japanese International Cooperation Agency (JICA) will offer $42 millionn. The work will commence in 2014 and the bridge sh
    Read More
  • $3 billion dual carriageway planned for Taiwan
    April 1, 2025
    A $3 billion dual carriageway route is planned for Taiwan
    Read More

Highlighted Content