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

  • New Pakistan motorway routes
    November 12, 2024
    New Pakistan motorway routes will be built under the PPP model.
    Read More
  • Serbian roads to get Chinese funding
    November 28, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in €400-€450 million of Chinese funding for Serbian highway projects. The Danube coast and the Corridor 11 projects are among those earmarked for a potential cash boost. Serbia’s Ministry for Transport (MOT) is also in talks with Chinese partners about other highway builds including100km of the Belgrade-Cacak, Belgrade-Obrenovac, Preljina-Ljig and Lajkovac-Ljig routes, as well as the 100km Pojate-Preljina project. China Road
    Read More
  • The doors open on a record-breaking bauma China 2018
    November 22, 2018
    You can tell a lot from numbers – and this year’s bauma China exhibition is set to be a record-breaker! The exhibitor numbers represent an impressive 11% increase on the 2,958 exhibitors from 41 countries that presented their products and innovations to around 170,000 visitors at the 2016 event.
    Read More
  • Concern over the state of US bridges
    April 1, 2019
    Bridge condition is a serious concern in the US, according to a new report from American Road & Transportation Builders Association (ARTBA).
    Read More

Highlighted Content