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

  • Important road works for Slovakia
    July 6, 2023
    Important road connection works are underway for Slovakia.
    Read More
  • New bridge project to boost Myanmar-Thailand cross-border connectivity
    June 4, 2015
    The tender process is being planned for the Myanmar-Korea Friendship Bridge, which will connect Myanmar’s commercial centre Yangon to Dala Township. Over $137 million in loans have been pledged by the Korean Economic Development Cooperation Fund to develop the 1.87km long suspension bridge. The tender process will be international and the work is due for completion by 2020. In all the project is expected to cost in the region of $168 million.
    Read More
  • Italy road tunnel project excavated
    July 9, 2018
    Italy’s A3 Highway is being upgraded, which will improve transport between Salerno and Calabria. Upgrading Italy’s A3 highway is of prime importance for developing the south of the country and is a project that has been prioritised for construction. The A3 Salerno-Reggio-Calabria highway is a non-toll road managed by ANAS, Italy’s state-owned company that constructs and maintains highways. The route runs a total of 443km, with the road having originally been built between 1966 and 1974. However, the origina
    Read More
  • Paraguay bridge project completion date
    June 24, 2022
    A completion date has been set for a Paraguay bridge project.
    Read More

Highlighted Content