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

  • STRABAG wins Uganda road contract
    February 13, 2020
    Contractor STRABAG is to rebuild a section of road in Uganda.
    Read More
  • Epoxy for Ethiopia
    March 10, 2022
    Paving trials using epoxy resins in the Netherlands and New Zealand could lead to similar paving in Ethiopia, reports Kristina Smith.
    Read More
  • India road funding from World Bank
    April 27, 2018
    A loan package from the World Bank will help pay for a major rural road programme in India. The US$210 million loan is being used for rural road development in Madhya Pradesh State. The upgrade work will see a total of 10,000km of gravels roads in Madhya Pradesh State being surfaced with asphalt, while a further 510km of new rural roads will be built in the state and will be surfaced with asphalt. This will be for the Madhya Pradesh Rural Connectivity Project.
    Read More
  • World Bank loan for Bolivia roads
    November 16, 2015
    A loan from the World Bank (WB) will help fund repair work to a key road link in Bolivia. The US$225 million loan will be used to improve roads in Bolivia, with the most important project being for the repair and upgrade of the link connecting Trinidad with Santa Cruz. The funds will help pay for improvements to a 567km stretch of this road, which will be resurfaced and improved. The work is expected to cost around $215 million to complete
    Read More

Highlighted Content