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

  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
  • Cambodian road and bridge connection project planned
    September 17, 2019
    A new road and bridge project in Cambodia will improve transport between Kampong Thom Province and Kampong Chhang Province. The project is expected cost US$200 million and is being planned by the country’s Ministry of Public Works and Transport. Work on the project is intended to commence in 2021 and will result in the construction of a new 57km road link that will boost trade, tourism and the economic development of these neighbouring provinces. The road will link to the 3.9km bridge spanning the Tonle Sap
  • Funding sources being sought for Indian highways
    January 25, 2016
    India’s Ministry of Transport and Highways is looking to source loans to help fund highway development. The Japan International Cooperation Agency (JICA) looks set to provide a partial source for the funding required. In all just over US$885 million will be needed to pay for India’s National Highway Development Project (NHDP). The Japan International Cooperation Agency (JICA) has approved a loan of just over $590 million for the Indian Government-run National Highways and Infrastructure Development Corp (NH
  • Funding road research in Kenya as infrastructure development grows
    August 14, 2017
    The demand for road construction material research and testing services in Kenya is expected to soar. The East African country is going through a construction boom, despite policy and financial challenges facing public institutions overseeing the research and testing operations in the transport industry. “Kenya is going through a construction boom and so is the demand for construction material testing services,” said Juma Ali Madzitsa, Geotechnical Lab Supervisor at SGS Kenya, a subsidiary of Swiss based in