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
Read time: 1 min
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.
Major improvements are planned to tackle a traffic bottleneck on the Northern Road Bridge in Portsmouth, on the English south coast, after the government pledged €13.73 million [£11 million] for the project. The Department for Transport has given final approval to the scheme which will see work on a replacement bridge over the Portsmouth to London railway line at Cosham. The original bridge was built to carry a dual carriageway road but is now too weak to do so. Traffic has been restricted to a single lane
