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

  • New bridge planned for key Indonesia link
    July 22, 2013
    A feasibility study worth US$199 million will be carried out for the planned Sunda Straits Bridge in Indonesia. The bridge itself is expected to cost close to $20 billion to construct. It will be of major economic importance for Indonesia by providing a direct road link between the islands of Sumatra and Java. The link will connect Sumatra directly to Indonesia’s capital, Jakarta, and the bridge is expected to be 27km long in all. The Sunda Straits Bridge will actually be a series of links connecting the sm
    Read More
  • New Montenegro bridge – close to completion
    August 23, 2018
    Construction work on the Moracica bridge project in Montenegro is now close to completion. Measuring 960m long, the bridge spans the Moraca River Canyon and is the most complex portion of the 41km first section to be built for the new highway connecting Bar with Boljare. Work on the bridge is expected to be complete by April 2019 and the structure is being built using some 30,000m3 of concrete and 5,200tonnes of reinforcing steel. The tallest of the bridge’s five piers will measure 158.5m in height, with
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Sri Lanka benefiting from external highway investment
    July 16, 2013
    Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f
    Read More

Highlighted Content