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 CIS highway connection planned
    August 19, 2016
    Plans are being set out for an important new highway link in the CIS. This new link will connect the M-5 and M-7 highways, close to the city of Ufa and the project is expected to cost US$1.12 billion to carry out. The work will require the construction of a tunnel stretch carrying four traffic lanes, as well as two highway sections and an overpass in the city itself. Ufa is the capital of the Republic of Bashkortostan, which is part of the CIS. The city is linked to Russia’s capital Moscow by the M-7 highwa
    Read More
  • Libya's road investment
    February 9, 2012
    Three Slovenian contractors, Primorje, Vegrad and GPG, are well placed to win key construction tenders in Libya. The contracts are worth a total of ?300 million and include a highway project as well as general construction work.
    Read More
  • UAE highway link underway
    May 12, 2017
    Construction is underway on a key highway link in the UAE. The project is costing close to US$218 million and connects Jumeirah district with the Parallel Roads and Al Khail Road. One of the significant portions of the work is the construction of a flyover at the intersection of the First Al-Khalil Street and Latifa Bint Hamdan. One section of the work is being carried out by the contractor, China State Company, and is due for completion in 2018. The Chinese firm’s contract will include building Umm Al-Shee
    Read More
  • Kyrgyzstan road contract
    September 15, 2022
    Kyrgyzstan’s important road project is being planned.
    Read More

Highlighted Content