Chinese funding for Senegal road project

Chinese funding will help deliver the construction of a major new road project in Senegal. A loan worth US$704.6 million will help finance the construction of Senegal’s new 113km highway connecting Touba and Thiès. The contractor China Road and Bridge Construction (CRBC) will carry out the construction works, which is expected to require 45 months to complete. The loan will be paid back over a 25-year period using toll revenues.
August 21, 2015 Read time: 1 min
Chinese funding will help deliver the construction of a major new road project in Senegal. A loan worth US$704.6 million will help finance the construction of Senegal’s new 113km highway connecting Touba and Thiès. The contractor China Road and Bridge Construction (CRBC) will carry out the construction works, which is expected to require 45 months to complete. The loan will be paid back over a 25-year period using toll revenues.
Road Structures Finance & Funding

Related Content

  • Funding secured for Philippines road projects
    February 15, 2019
    A loan package has been sourced for the Cebu Cordova Link Expressway project in the Philippines.
    Read More
  • Sri Lanka’s latest road project improves connectivity
    October 9, 2017
    A major road project in Sri Lanka will improve connectivity and will benefit from financing supplied by the World Bank. A loan worth US$125 million from the World Bank will help with funding for the road connecting Ja-Ela and Chilaw. The project for National Road A003 will also utilise a performance-related structure for the contractors carrying out the work. The firms working on the project will be paid on the quality of their performance rather than by the quantity of work carried out. It is not clear how
    Read More
  • Key road projects underway in East Africa
    December 6, 2013
    A series of road improvements and investments will improve connections in Uganda, Tanzania and Ethiopia. The World Bank is offered the Ugandan Government a loan of US$400 million to rebuild roads in Kamdini and Tororo-Soroti-Lira. This funding will allow contractors to carry out road maintenance on the roads for 7-10 years, with work scheduled to start in 18 months. Meanwhile a deal worth $335.76 million has signed by the Tanzanian Government for the second phase of the Road Sector Support Project (RSSP-II
    Read More
  • A new tolled highway brings change for Austin, Texas
    February 10, 2020
    A new highway section in Austin, Texas marks a major departure for the southern US city
    Read More

Highlighted Content