Skip to main content

Tanzanian project aided by Japanese financing

Funding from Japan now looks likely to help pay for a highway project in Tanzania. The Japan International Cooperation Agency (JICA) is planning to offer US$1.4 billion for Tanzania’s New Bagamoyo Highway road project. The deal has yet to be finalised, but construction work should commence in June 2018, should all go to plan. Once the work starts, this will improve the connection between Mwenge and the Kawawa intersection.
September 15, 2017 Read time: 1 min

Funding from Japan now looks likely to help pay for a highway project in Tanzania. The Japan International Cooperation Agency (JICA) is planning to offer US$1.4 billion for Tanzania’s New Bagamoyo Highway road project. The deal has yet to be finalised, but construction work should commence in June 2018, should all go to plan. Once the work starts, this will improve the connection between Mwenge and the Kawawa intersection.

Related Content

  • Kenya-Tanzania connection partial funding found
    October 13, 2017
    A large chunk of the funding required for the improved road connection between Kenya and Tanzania has now been sourced. The African Development Bank (AfDB) will provide US$300 million of the financing required for the project. However the remaining $485 million of funding necessary still remains to be secured.
  • Japanese loan for Botswana to Zambia bridge
    October 18, 2012
    A new bridge link will be constructed between Botswana and Zambia in Southern Africa. Some of the funding for the bridge is being provided in the form of a US$113 million loan from the Japanese Government. The Kazungula bridge project is expected to cost $260 million in all. Close to $78.5 million is coming from the African Development Bank and Zambia is providing $1.6 million while the Japanese International Cooperation Agency (JICA) will offer $42 millionn. The work will commence in 2014 and the bridge sh
  • Tanzania’s new bridge project moving forward
    July 31, 2018
    A South Korean contractor, GS Construction, looks set to build the new Selander Bridge in Tanzania’s capital, Dar es Salaam. The deal was signed between GS Construction and the Tanzania National Roads Agency (Tanroad). The new bridge comes with a pricetag of some US$126.26 million and will take until 2021 to complete. The project includes the 1.4km bridge plus upgrades to up to 7km of connecting roads. Nearly 83% of the funding required for the project will be supplied by South Korean sources, with the
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for