Two new highway projects for Yemen

Two major highway projects are being planned in Yemen. A new 710km highway will link the southern port city of Aden with Saudi Arabia, while there are also plans for a new 85km highway in the country’s central region. The route connecting Aden with Saudi Arabia is expected to cost some US$3.5 billion to construct. Around $134 million is being provided for this project by the World Bank while the Saudi Development Fund will supply $320 million. Work is expected to commence in three months’ time although the
June 26, 2014 Read time: 1 min
Two major highway projects are being planned in Yemen. A new 710km highway will link the southern port city of Aden with Saudi Arabia, while there are also plans for a new 85km highway in the country’s central region. The route connecting Aden with Saudi Arabia is expected to cost some US$3.5 billion to construct. Around $134 million is being provided for this project by the 2332 World Bank while the Saudi Development Fund will supply $320 million. Work is expected to commence in three months’ time although the project may face some major challenges, not the least of which being that the planned route passes through some of Yemen’s conflict areas. The 85km central highway will cost $477 million to build, with some 80% of the project costs being paid for by the Saudi Development Fund.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Learning from Russia's controversial road project
    February 9, 2012
    The International Road Federation (IRF), founded in 1948, is the only world forum advocating better and safer roads through better road design and construction bearing in mind the user. It is a unique institution that brings together members active in road infrastructure from both the private and public sectors. The IRF promotes roads that are safe, economically viable and ecologically friendly. The IRF believes that a sound road infrastructure brings prosperity, fights poverty, furthers education and gi
    Read More
  • Zambia’s rural road programme receives funding
    May 12, 2017
    The World Bank is providing US$200 million to Zambia for the country’s rural road development programme. The funding is being provided through the International Development Association (IDA) and will help pay for improvements to rural roads in six of 10 provinces in Zambia. Meanwhile the country itself will pay for rural road upgrades in the remaining four provinces. These road upgrades are required as they will help boost economic development in Zambia’s poorest outlying areas. At present just 17% of those
    Read More
  • Funding established for Egyptian highway
    May 21, 2012
    Funding is being established for the Shoubra-Banha highway project planned for Egypt. The National Bank of Egypt is bringing together a consortium of lenders that will provide the syndicated loan required. The Shoubra-Banha highway project is planned by the Egyptian Transportation Ministry. A memorandum of understanding (MoU) has been signed between the General Authority for Roads, Bridges and Land Transport and the National Bank of Egypt. Construction of the 40km stretch of highway, which will carry 125,00
    Read More
  • Vietnam's additional highways
    March 2, 2012
    Plans are now well in hand for two major highway projects in Vietnam.
    Read More

Highlighted Content