Malaysia highway deal to receive funding

Funding is being secured that will help pay for the Sarawak Coastal Highway project in Malaysia. The State Government for Sarawak has set a budget of US$2.65 billion for four key infrastructure projects, including the highway, as well as the second state trunk road. All four of the projects are expected to start in 2019 and 2020. A number of Malaysia’s major contractors are reportedly keen to bid for the coastal highway project. The coastal highway project includes the construction of a number of bridges a
February 28, 2019 Read time: 1 min

Funding is being secured that will help pay for the Sarawak Coastal Highway project in Malaysia. The State Government for Sarawak has set a budget of US$2.65 billion for four key infrastructure projects, including the highway, as well as the second state trunk road. All four of the projects are expected to start in 2019 and 2020. A number of Malaysia’s major contractors are reportedly keen to bid  for the coastal highway project. The coastal highway project includes the construction of a number of bridges along the route.

Finance & Funding

Related Content

  • Funding issues – delays to Kenya’s major highway project?
    April 17, 2018
    Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,
    Read More
  • Nepal road and bridge improvements receiving funding
    November 20, 2018
    A loan from the World Bank will help pay for a series of road upgrades across Nepal. The US$133 million loan will be directed towards improving 12,412km of Nepal’s road network, including both major highways and secondary link roads. Also benefiting from the loan will be many of Nepal’s bridges. Maintenance work will be carried out to 90 bridges and safety measures will be improved on 180 bridges. Construction work will be completed on 92 bridges being built at present, while a further 115 existing bridges
    Read More
  • New highway project in Mozambique connecting with neighbouring Malawi
    May 24, 2013
    The new Mozambique to Malawi highway connection will improve rtade and transport between the neighbouring nations. Phase II of the project for Integrated Development of the Milange – Mocuba Corridor is now commencing and plans are in hand for work to upgrade trunk road N 11. The link will feature an asphalt surface as part of the upgrade. The National Road Administration of Mozambique (ANE) has opened this road project for bidding. This 110km project will complete a transport corridor linking Malawi to Moza
    Read More
  • Bolivia road contract awarded to Chinese firm
    February 9, 2017
    A Chinese contractor will carry out a major highway project in Bolivia. The company, Sinohydro, will construct a new road section close to El Sillar and the work will form part of the highway connecting Santa Cruz with Cochabamba. The work for the 28km stretch of road is costing around US$450 million to carry out and the link is due to open to traffic in 2019. Work on this section of road was intended to commence earlier but was delayed due to a number of unexpected administrative issues. Financing for this
    Read More

Highlighted Content