Road revamp project planned for Rwanda

Rwanda looks set to commence work on a major road revamp project. The project is for the construction of the 51km Base-Gicumbi-Rukomo road. Financing for the project is coming in the shape of a loan worth some US$74.7 million from the African Development Bank (AfDB). The Rwandan Government will also provide another $4.6 million for the road project later. The project is part of Base-Nyagatare road project that will connect the Northern and the Eastern provinces, with work likely to start in April 2015. The
January 5, 2015 Read time: 1 min
Rwanda looks set to commence work on a major road revamp project. The project is for the construction of the 51km Base-Gicumbi-Rukomo road. Financing for the project is coming in the shape of a loan worth some US$74.7 million from the 1586 African Development Bank (AfDB). The Rwandan Government will also provide another $4.6 million for the road project later. The project is part of Base-Nyagatare road project that will connect the Northern and the Eastern provinces, with work likely to start in April 2015. The Rwanda Transport Development Agency (RTDA) will be in charge of the execution of the work. The project is intended to boost trade between the cities of Nyagatare, Gicumbi, Misanze and Rubavu.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Kiribati sees road infrastructure upgrade
    March 2, 2016
    Kiribati is benefiting from major improvements to its road infrastructure. Funding for the road development programme has been provided jointly by the World Bank, the Asian Development Bank (ADB), and the Australian Government. The improved road network on South Tarawa will help boost safety and economic development. The road is a vital shared communal asset for 50,000 people, the entire population of South Tarawa, as it is the lone vehicular transport route on the atoll. The project is seeing the upgrade o
    Read More
  • Loan to finance major Nicaragua road project
    September 7, 2017
    The project to widen Managua’s Pista Juan Pablo II highway in Nicaragua has taken another step forward to commencing. Nicaragua’s Government is giving its approval for a loan to pay for the project. The US$105.4 million loan will be provided by the Central American Bank for Economic Integration (CABEI). Further funding worth $136 million is being provided by the European Investment Bank (EIB), with $33.4 million coming from the Nicaragua Government.
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More
  • Chinese Government plans major bridge project
    March 14, 2014
    Plans for a major new bridge project have been given the go-ahead by the Chinese Government. The project calls for the construction of a second bridge spanning Hangzhou Bay. The new bridge will provide a more direct connection between the economically important cities of Ningbo in Zhejiang Province and Shanghai. The project looks likely to cost in the region of US$2.95 billion to construct, including the connecting roads. The bridge will shorten the travel distance between the cities from 200-160km.
    Read More

Highlighted Content