A series of road projects is being awarded in Nepal. The announcements over the winning tenders for 13 projects is being made in Nepal’s capital Kathmandu. Financing worth US$300 million is being provided from Indian sources.
August 11, 2017
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A series of road projects is being awarded in Nepal. The announcements over the winning tenders for 13 projects is being made in Nepal’s capital Kathmandu. Financing worth US$300 million is being provided from Indian sources.
Funding is being secured for a new Egyptian road tunnel project. improvements will be carried out along a 350km stretch of road connecting to the resort. New drainag
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.
The completion of work on Colombia’s troubled tunnel project is now finally in sight. A new contractor will be selected by Colombia's National Road Institute (Invias) to complete the last section of work required on the La Linea Tunnel. The winner of the tender process will be announced on 13th June 2017. An additional US$50 million is being budgeted by the Colombian authorities to complete the work. It is expected that in all, finishing the project will cost $86.6 million. Work still to be carried out incl
