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.
Loans from Japan to Cambodia will help finance work on a key highway upgrade. The loan package totals US$150 million and will be used for the project to upgrade Cambodia’s National Road No 5. This major route runs from Poipet city, through Banteay Meanchey to Phnom Penh. The loan was announced by HE Shinzo Abe, Japan’s prime minister in a meeting with Samdech Akka Moha Sena Padei Techo Hun Sen, the prime minister of Cambodia. The meeting was held at the recent 27th ASEAN Summit in Malaysia.
Columbia’s Agencia Nacional de Infraestructura (ANI) will announce the winning consortium for the country’s first public-private partnership (PPP) road project in November.
The 235km project will be the second road linking Ibague and Cajamarca.
A consortium made up of Colpatria, Latinco, Mincivil, HB Estructuras Metalicas and Termotecnica Coindustrial is bidding for the contract that is expected to need nearly US$21millon in funding. Construction will be done in five different sections and conducted
