Skip to main content

Loan funding Gabon projects

Gabon is to benefit from loans that will help pay for two key infrastructure projects. One project is for a new highway that will improve transport connections between a number of towns and capital Libreville. The other project is for the construction of a new port facility at Owendo. The loan facility is worth US$125 million and is being provided by the Development Bank of Central African States. In all the projects will cost $200 million to carry out with the work on both planned for completion during 201
January 13, 2016 Read time: 1 min
Gabon is to benefit from loans that will help pay for two key infrastructure projects. One project is for a new highway that will improve transport connections between a number of towns and capital Libreville. The other project is for the construction of a new port facility at Owendo. The loan facility is worth US$125 million and is being provided by the Development Bank of Central African States. In all the projects will cost $200 million to carry out with the work on both planned for completion during 2016.

Related Content

  • Mexico boosting transport infrastructure in Quintana Roo
    June 3, 2019
    Mexico’s Quintana Roo State is to benefit from major expansion works to its transport infrastructure.
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
  • World Bank part funding new Ethiopian road connections
    October 21, 2014
    In Ethiopia the construction of two new road links will be carried out by Chinese and Spanish contractors. The Ethiopia Roads Authority (ERA) awarded a contract worth close to US$48 million to Hunan Huanda Road and Bridge Corporation of China to build a 48.3km road in the south of the country. The work will take 29 months to complete. Two Spanish firms meanwhile will work together to carry out a $60.6 million contract in Ethiopia’s Oromia State. This project is for a 63km road connecting Ambo with Walliso.
  • Improved road links between Kenya and Tanzania
    July 22, 2013
    Work on the Taveta-Voi road link connecting Kenya and Tanzania is now being planned. The African Development Bank is providing a loan worth US$113 million. The work includes widening and improving a 42km bypass at Arusha and upgrades to a 115km section of road between Holili and Arusha. This package of works is due for completion by 2018. The Kenyan Government is itself funding upgrades to a 24km section of road running from Voi-Mwatate. Many of the existing links between Kenya and Tanzania are in poor cond