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 Danube crossing linking Hungary and Slovakia
    February 2, 2016
    Construction work for a new bridge spanning the Danube River and linking Hungary and Slovakia has been delayed. The work will now commence on the project in September 2016. The new bridge will connect the town of Komarom in Hungary with Komarno in Slovakia. The project was delayed temporarily by changes to procurement rules in Hungary. The bridge is expected to be complete in the second quarter of 2019 and a portion of the funding for the new bridge will be provided by EU sources.
    Read More
  • Mongolia’s capital Ulaanbaatar is redeveloping its airport
    August 23, 2016
    Mongolia’s economy is growing fast, with capital Ulaanbaatar the centre for activity. Being landlocked, the country depends heavily on aviation to carry passengers and cargo. The existing Chinggis Khaan International Airport was built in 1956 and upgraded in 1987 and 1997 for international traffic. But the old airport cannot meet demands and boosting the country’s capacity to handle flights is essential. The New Ulaanbataar International Airport (NUBIA) will triple passenger capacity to approximately 3
    Read More
  • Bridge formwork solutions complete big bridge picture
    July 2, 2014
    Advanced bridge formwork solutions are allowing contractors to complete vital major highway infrastructure projects covering Norway, Sweden, Estonia and Poland. Guy Woodford reports Building the Labbdalen bridges in Norway is a key feature of the E6 highway improvement programme. Main project contractor HÆHRE tasked RMD Kwikform and Teknikk with supplying a complete formwork and shoring solution that could tackle the challenging Norwegian terrain, whilst preserving the environment. Situated two hours
    Read More
  • Cameroon contracts faces financing problems
    May 25, 2017
    A major highway project in Cameroon faces funding issues as China has suspended its financing for the Yaoundé - Douala link. The highway has an estimated cost of US$473.3 million and the project includes a 68km link between the country’s capital and its second city, as well as an additional 23km of link roads. The link is being built by China First Highway Engineering (Cfhec) with funding by Eximbank. However a disagreement between Cameroon and the Chinese has resulted in the funding being halted for a peri
    Read More

Highlighted Content