Skip to main content

Chinese funding for Angola road repairs

Funding from China will help pay for key road repairs in Angola. The country will benefit from a credit line worth US$1 billion offered by China. The funds will be used to upgrade 17 important road links, although a focus for the repairs will be a stretch of National Highway 321 connecting Dondo with Maria Theresa. The projects form part of Angola’s National Construction and Renovation Plan and will be offered to Chinese road construction firms.
July 15, 2016 Read time: 1 min
Funding from China will help pay for key road repairs in Angola. The country will benefit from a credit line worth US$1 billion offered by China. The funds will be used to upgrade 17 important road links, although a focus for the repairs will be a stretch of National Highway 321 connecting Dondo with Maria Theresa. The projects form part of Angola’s National Construction and Renovation Plan and will be offered to Chinese road construction firms.

Related Content

  • 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
  • New Chinese expressways planned
    May 18, 2023
    New Chinese expressways are being planned.
  • Nicaragua road upgrades - funding secured
    March 1, 2018
    Financing worth US$238 million has been secured for planned road upgrades and improvements in Nicaragua. The funding comes in the shape of a loan from the Central American Bank for Economic Integration (CABEI). The upgrade works will be carried out to just over 194km of roads across the country. These works form part of the Nicaraguan Government’s VII Road Improvement and Renovation Programme. Meanwhile a further funding package worth $1.4 million from CABEI will help pay for various studies for Phase I of
  • Costa Rica road projects moving forward - slowly
    July 18, 2017
    Costa Rica is moving ahead with a series of major road projects, but progress is proving slower than anticipated or desired. The Costa Rica Government is struggling to achieve satisfactory progress with its overall road improvement programme. So far the key focus has been on maintaining existing links rather than building and improving road connections. The country’s National Laboratory for Structural Material and Models (Lanamme) has produced a report revealing that 85% of the national roads are in accepta