Skip to main content

Swaziland road rebuilding benefits from funding

A loan of US$100 million will help pay for road improvements in Swaziland. The loan will be used to improve up to 200km of unsealed roads. Chemical stabilisers from Malaysian firm Probase will be acquired to help boost road quality and to reduce problems caused by seasonal weather conditions. Stabiliser compounds can prevent unsealed roads from becoming excessively muddy during the rainy season. The Swaziland Finance Ministry was given government approval to request the loan, which has a 15 year repayment
November 20, 2017 Read time: 1 min
A loan of US$100 million will help pay for road improvements in Swaziland. The loan will be used to improve up to 200km of unsealed roads. Chemical stabilisers from Malaysian firm Probase will be acquired to help boost road quality and to reduce problems caused by seasonal weather conditions. Stabiliser compounds can prevent unsealed roads from becoming excessively muddy during the rainy season. The Swaziland Finance Ministry was given government approval to request the loan, which has a 15 year repayment period.

Related Content

  • A new transportation project for Northern Southeast Asia
    March 2, 2022
    Transport in Northern Southeast Asia is to benefit from a new US$145 million project
  • Jamaica highway project funding from China
    February 23, 2017
    A loan from China will help pay for work on a major highway project in China. The US$326 million loan is being supplied by the Exim Bank of China. This will help pay for Jamaica’s Southern Coastal Highway Improvement Project. The funding will also help pay for the extension of the tolled east-west highway from May Pen, Clarendon to Williamsfield, Manchester. In all the highway work is expected to cost $384 million, with Jamaica paying for the remainder from its own budget.
  • Road repair works planned for Indonesia
    May 24, 2023
    Road repair works are being planned for Indonesia.
  • Chinese funding for Kyrgyzstan route
    December 2, 2013
    A loan worth US$400 million will help fund construction of a new highway in Kyrgyzstan. The Eximbank of China is providing the loan to the Kyrgyzstan Government of Kyrgyzstan for a 20 year period, with a grace period of 11 years at an interest rate of 2%. The project is for the construction of the new North - South route. The project includes a 1.7km tunnel, which is expected to cost some $150 million.