China providing infrastructure funding for Latin American and Caribbean countreis

China is providing some US$20 billion worth of financing for infrastructure projects in Latin American and Caribbean nations. The money will be available in tranches with the first worth $10 billion and this was agreed following talks between the Chinese, Latin American and Caribbean heads of state. China already has considerable involvement in some major projects in Latin America, according to Business News Americas. This further funding source will strengthen the financial relationships.
July 21, 2014 Read time: 1 min

China is providing some US$20 billion worth of financing for infrastructure projects in Latin American and Caribbean nations. The money will be available in tranches with the first worth $10 billion and this was agreed following talks between the Chinese, Latin American and Caribbean heads of state. China already has considerable involvement in some major projects in Latin America, according to Business News Americas.  This further funding source will strengthen the financial relationships.

Finance & Funding Road Structures

Related Content

  • US infrastructure spending
    January 2, 2024
    US$492 billion in infrastructure funding remains to be allocated, but it all ends in 2026 by Mary Scott Nabers
    Read More
  • Colombia’s ANI agency is driving forward the 4G PPP programme
    April 4, 2016
    Andrade Moreno is a man on a mission. The head of Colombia's infrastructure agency ANI explains how the organisation is giving foreign companies increasing confidence to invest time and money in the country. David Arminas reports Change, especially when it touches the highest levels of South American business and politics, can bring with it personal danger. Luis Fernando Andrade Moreno, president of Colombia's National Infrastructure Agency - ANI - was aware of this when he took on the role in 2011. B
    Read More
  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More
  • Funding found for Paraguay’s planned projects
    December 13, 2013
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction. Projects included in this include resurfacing of a 73km section of road in Neembuc
    Read More

Highlighted Content