Financing has been assured for a key road upgrade in Mozambique

Financing for a road project in Mozambique is being provided by a bank in India. The Exim Bank of India is proving a line of credit worth some US$147.7 million for the road upgrade project. Mozambique is seeing steady investment in its infrastructure and this latest project will improve transport links in the country.
July 16, 2013 Read time: 1 min
Financing for a road project in Mozambique is being provided by a bank in India. The Exim Bank of India is proving a line of credit worth some US$147.7 million for the road upgrade project. Mozambique is seeing steady investment in its infrastructure and this latest project will improve transport links in the country.
Finance & Funding Road Structures

Related Content

  • Chinese funding will help pay for Macedonia road project
    October 4, 2013
    In Macedonia a new 50km section of highway will be constructed, with €574 million of financing coming from China's Export-Import Bank. The Exim Bank credit line to Macedonia will be used to build a the highway connecting Skopje and Stip. The new route will also link Stip with pan-European transport corridor 10. The loan will carry an interest rate of 2% and will have a 20 year term with a five year grace period. Macedonia is close to completing work on the corridor 10 road project, which is worth €300 milli
    Read More
  • Louis Berger wins Mozambique N303 road upgrade consultancy deal
    February 19, 2015
    Infrastructure consultancy Louis Berger is to provide services worth US$7.6 million for the rehabilitation of Mozambique’s National Road N303. The Sub-Saharan Regional Pipeline Corporation awarded the contract for work on the 350km narrow and unpaved carriageway that crosses Tete province. SSRPC is investing $350 million to upgrade the road that starts at the Zambezi River, where Mozambique, Zambia and Zimbabwe have a common border. The modernised road will be the shortest link to a railway under constructi
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Road and bridge upgrades improving transport in Nepal
    November 1, 2019
    New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.
    Read More

Highlighted Content