Mozambique road contract for Korean company

A South Korean contractor will carry out construction work on a project in Mozambique. The package of works is worth US$44.1 million and will be carried out by the South Korean contractor, POSCO Engineering & Construction (POSCO E&C). The contract was awarded by the Mozambique Government and will see the upgrading of a 70km road that is unsurfaced at present. The work will take 30 months to complete and the contractor will pave and widen the road link, boosting traffic speeds, capacity and safety on the rou
December 13, 2017 Read time: 1 min

A South Korean contractor will carry out construction work on a project in Mozambique. The package of works is worth US$44.1 million and will be carried out by the South Korean contractor, 3042 POSCO Engineering & Construction (POSCO E&C). The contract was awarded by the Mozambique Government and will see the upgrading of a 70km road that is unsurfaced at present. The work will take 30 months to complete and the contractor will pave and widen the road link, boosting traffic speeds, capacity and safety on the route.

Road Structures

For more information on companies in this article

Related Content

  • Indian highway contract awarded
    April 2, 2021
    Indian highway contract awarded in Karnataka.
    Read More
  • MonteAdriano nets $92m Mozambique contract
    May 1, 2012
    MonteAdriano Engenharia e Construcao has been awarded two contracts in Mozambique worth a combined US$92.33million. The Portugese construction and engineering company will renovate and build two roads with a joint length of 58km near the provinces of Zambezia and Niassa, and two roads with a combined length of 90km in Tete province. The works must be completed within 18 months.
    Read More
  • Australia road contract awarded to South Korean firm
    August 22, 2018
    The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
    Read More
  • Mozambique bridge due to open
    May 11, 2018
    Mozambique’s Maputo-Catembe Bridge is due to open shortly and will become Africa’s longest suspension bridge. The 3km bridge will form part of the road connection between Maputo, Mozambique’s capital, and Catembe. The bridge is costing over US$700 million, with much of the necessary funding being provided by the Export Import Bank of China. The new bridge will improve transport and reduce journey times for drivers, who currently have to rely on ferries travelling between Maputo and Catembe.
    Read More

Highlighted Content