Construction work is due to start on the expressway project connecting Busega with Mpigi in Uganda. The contract was awarded to the Chinese construction firms China Civil Engineering Construction Corporation (CCECC) and China Railway 19th Bureau Group Company Limited. The companies have established a joint venture partnership to handle the work. The project is costing around US$147 million and the 24km expressway should take around three years to build. A loan from the African Development Bank is helping to
A series of tenders are opening for Vietnam’s landmark North-South Expressway project. Eight sections of the route are being opened for bidding, with these being planned under the build-operate-transfer model. Financing for these eight stretches will be provided by a combination of bank loans, private investors and government funding. The winning bids should be revealed in early 2020. In all the North-South Expressway is expected to cost nearly US$4.3 billion.
