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

  • Mauritania-Algeria road project planned
    July 26, 2022
    A new road project is planned to connect Mauritania and Algeria.
    Read More
  • Plans for Laos-Vietnam highway
    May 29, 2018
    Plans are being drawn up in Laos for the new highway connecting its capital Vientiane with Hanoi, the capital of neighbouring Vietnam. The project is expected to cost in excess of US$4.5 billion, with much of the Laos section of the route running parallel to the existing Road N0 13 South.
    Read More
  • Colorado construction contract to cut congestion
    August 29, 2014
    A new road tolling plan will help cut congestion in Colorado. The Colorado Department of Transportation (CDOT) has a US$1.8 billion project proposed to expand toll lanes for sections of Interstates I-25 and I-70. The project will address sections of the east segment of I-25 and to a stretch of I-70 as this is seen as the best way to tackle congestion in this area of the network. The plan would cover the I-70 corridor north of downtown Denver. CDOT hopes to borrow the necessary US$1.2 billion funding from th
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More

Highlighted Content