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.
Finance & Funding

Related Content

  • Safety risk if construction projects speed up
    February 27, 2012
    Many governments worldwide are using investment in infrastructure as a means to help tackle the current economic conditions. New highway construction, widening and repair contracts as well as bridge and tunnel projects that had been planned, are now being accelerated to help the industry and provide construction jobs.
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More
  • EBRD supplies loan for Albania’s road development
    February 11, 2020
    The EBRD is suppling a loan to help pay for Albania’s planned road development works.
    Read More
  • The Road Ahead
    August 5, 2020
    According to recent figures, there are over 560,000 potholes that pose a risk of damage to vehicles in the UK alone, and the situation is similar in countries across the globe.
    Read More

Highlighted Content