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$367 million will fund the restoration of the Catamayo-Gonzanama-Sozoranga-Macara and Celica-Cruzpamba-Y del Muerto roads.
Over US$ 700 million (MAD 6bn) has been released for the construction of a 172km motorway between Berrechid-Beni and Mellal in Morocco. The new highway will feature two toll booths and three rest areas. Although delays are expected, the project is due for completion in 2014. The first stretch in the Tadla-Azilal area is due for completion in June 2013. This motorway is said to form a key part of the 2008-2015 Morocco roadmap. It is funded by a loan from the Chinese government, by the European Investment Fun
Up to US$169.24 million (IDR 2.03 trillion) is needed to repair Indonesia’s roads damaged in floods in several parts of the country, according to Indonesia's Public Works Ministry. Of this, $42.33 million (IDR 510 billion) would be for temporary repairs on roads in South Sumatra, Java, North Sulawesi, Bengkulu, and Northeast Sulawesi, with the remaining funds required for permanent repairs.
The ministry's Director General for Highways Djoko Murjanto added that concrete rigid pavement is being considered to
