North Korea’s new highway link

A new highway is to be built in North Korea, connecting Hamhung with Wonsan. The 112km highway project is being split into five sections for the tender process, which is being handled by a Chinese firm. Funding is being supplied by China for the project. Construction is expected to start in the second quarter of 2019, with the completion date set for the second quarter of 2022. The project does face a number of challenges however, not the least of which is how equipment will be provided for the work give th
January 21, 2019 Read time: 1 min

A new highway is to be built in North Korea, connecting Hamhung with Wonsan. The 112km highway project is being split into five sections for the tender process, which is being handled by a Chinese firm. Funding is being supplied by China for the project. Construction is expected to start in the second quarter of 2019, with the completion date set for the second quarter of 2022. The project does face a number of challenges however, not the least of which is how equipment will be provided for the work give the sanctions process in place for North Korea

Finance & Funding

Related Content

  • California's SR 67 North Bay commuter route set for $1.6 billion reconstruction
    October 9, 2023
    A $1.6 billion reconstruction plan will reconfigure California's SR 67 North Bay commuter route, easing traffic congestion and tackling flooding concerns.
    Read More
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
    Read More
  • US$1.3 billion Chilean road tender delayed
    June 19, 2024
    The tender for a US$1.3 billion Chilean road project is being delayed.
    Read More
  • Airport preparation through compaction
    April 12, 2018
    Two major airport projects around the world are being constructed on poor ground and have required extensive compaction - Mike Woof writes With air travel continuing to increase around the world, airport capacity is being upgraded in many major cities. Two of the world’s largest mega cities, Beijing and Istanbul, are constructing new airports to cope with growing demand. This is because the existing facilities are simply unable to cope with projected growth for aviation and some of the airports are alrea
    Read More

Highlighted Content