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.
Indonesia’s government has set an impressive 2018 budget of some US$30.72 billion to develop infrastructure in the country. The funding will be split between the Ministry of Public Housing and Works, the Ministry of Transportation and for the special allocation fund. The Indonesian Government is aiming to boost economic growth during 2018 through its infrastructure development programme.
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