Skip to main content

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.

Related Content

  • Argentina road and transport projects receiving funding
    April 3, 2017
    Argentina looks set to benefit from a series of major new transport projects. Loans worth up to US$650 million will help pay for a series of projects, including Argentina’s contribution to the Agua Negra Tunnel link with neighbouring Chile. The loans will be organised by the Inter-American Development Bank (IADB). A further loan of $156 million to road concession company AUSA will help pay for transport projects in Buenos Aires, including the construction of the Lacarra Bridge to connect with Lanus and upgr
  • Brazil infrastructure projects being privatised?
    May 18, 2015
    The Brazilian Government is considering increasing the number of projects being privatised in a bid to boost investment in the country. Brazilian president Dilma Rousseff has suggested increasing the number of federal roads included in the privatisation programme from four to 11. The economic team has presented 20 new road stretches to be considered for inclusion in the programme. These routes will be studied in order to determine which will generate the most interest from the private sector, with six or se
  • Montenegro spends €198m on upgrades in past five years
    November 2, 2018
    Montenegro has spent €198 million on road maintenance and construction in the past five years, according to Mirsad Ibrahimovic, director of the Directorate for State Roads. The government also announced this past summer that construction of the Bar-Bolijare highway is being accelerated. China Roads and Bridges Company is the main contractor the Podgoric-to-Matesevo stretch, with work set to remain within the €194 million budget.
  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i