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

  • Harare’s US$400mn road rehabilitation deal
    March 13, 2014
    Councillors in Zimbabwe’s capital Harare have approved final details of the council's joint venture agreement with South African company Neo Capital for major roads' maintenance and rehabilitation in the city. A special purpose vehicle (SPV) named Harare Roads Development Company will be established between Neo Capital and Harare. Neo Capital will own 49% of the SPV, while the remaining 51% will belong to Harare. The joint venture period is 30 years. A total of US$400 million will be provided by Neo Capit
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
  • Paraguay road development plan
    August 12, 2020
    A Paraguayan road loan will pay for a development plan.
  • Boost for cycling in Europe
    March 22, 2024
    Bicycle journeys in France increased 7% during the week and by 6% in urban use compared to 2022, according to a report by Vélos & Territoires.