Ecuador roadworks to be funded by US$367mn Chinese loan
The Ministry of Transport and Public Works in Ecuador (MTOP) has announced that a Chinese loan of US$367 million will fund the restoration of the Catamayo-Gonzanama-Sozoranga-Macara and Celica-Cruzpamba-Y del Muerto roads.
March 21, 2014
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The Ministry of Transport and Public Works in Ecuador (MTOP) has announced that a Chinese loan of US$367 million will fund the restoration of the Catamayo-Gonzanama-Sozoranga-Macara and Celica-Cruzpamba-Y del Muerto roads.
New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
The Bangladeshi government is expected to award the Dhaka-Sylhet road contract to Chinese Harbor Engineering.
The 226km project will cost around US$1.6 billion and turn the road into a four-lane highway, according to a report by the Dhaka Tribune newspaper.
Chinese Harbor Engineering is also expected to win the $2.8 billion construction contract for Marine Drive Expressway.
The newspaper said that the government has been asking China to provide financial assistance for 18 projects costing more than
Nepal’s Ministry for Physical Infrastructure and Transport has inaugurated a programme for bridge upgrades and maintenance across the country. This is being funded by the World Bank while the programme will also benefit from new bridge management software developed by the department of roads. This software will be able to locate the type of bridge, location, date of completion, span, crossing, load capacity, condition and load restriction. The World Bank has provided a grant assistance of US$147.6 million f
