Chinese loans for Ethiopia road projects

Loans from China will help pay for new road projects in Ethiopia. Two loans worth a total of US$170 million are being provided by the Export-Import Bank of China. One road project loan will be worth $120 million and the other worth $50 million. The country is seeing its transport network being revitalised with a series of projects that are intended to help develop its future economic growth.
January 5, 2017 Read time: 1 min
Loans from China will help pay for new road projects in Ethiopia. Two loans worth a total of US$170 million are being provided by the Export-Import Bank of China. One road project loan will be worth $120 million and the other worth $50 million. The country is seeing its transport network being revitalised with a series of projects that are intended to help develop its future economic growth.
Road Structures Finance & Funding

Related Content

  • Loan for Kazakhstan road project
    October 11, 2017
    A loan from the International Bank for Reconstruction and Development (IBRD) worth US$271.3 million will help pay for the construction of road stretches between Kurty and Burylbaytal as well as Uzynagash and Otar. Kazakhstan's state budget will provide a further $47.9 million for the works, with the road sections measuring 85km and 96km respectively and due for completion in 2021.
    Read More
  • Loans for Albanian roads
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania. This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the European Commission
    Read More
  • US$738 million South Sudan to Ethiopia road link
    July 10, 2024
    A new US$738 million South Sudan to Ethiopia road link is planned.
    Read More
  • Loans will help fund Kazakhstan road project
    May 16, 2013
    The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further
    Read More

Highlighted Content