Skip to main content

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.

Related Content

  • Japan funding Mozambique bridges
    March 21, 2017
    Three new bridges will be constructed the port city of Pemba in Mozambique. Funding for the bridges is being provided by Japan, following the conclusion of successful discussions with its government and the Mozambique Government. The bridges will help to improve the links between Pemba and the district of Palma, which lies to the north of the city. Japan will also assist in developing a transport system for Mozambique’s capital, Maputo.
  • Chinese loans for Ethiopia road projects
    January 5, 2017
    Loans from China will help pay for new road projects in Ethiopia. Two loans worth a total of US$170 million are being provided by the Export-Import Bank of China. One road project loan will be worth $120 million and the other worth $50 million. The country is seeing its transport network being revitalised with a series of projects that are intended to help develop its future economic growth.
  • Vietnam's key coastal highway
    February 7, 2012
    A major new highway project is starting shortly in Vietnam, which will improve the country's links with its neighbours. The US$440 million project is for a 220km highway in the Mekong Delta and will eventually form part of a 1,000km road connecting Vietnam with Cambodia and Thailand.
  • GRAA winner profile: world’s longest suspension bridge has opened in Turkey
    May 3, 2022
    The opening of the majestic 1915 Canakkale Bridge on March 18, 2022, well ahead of its initial schedule, has set new records for Turkey and international bridge engineering. After Istanbul's three bridges over the Bosphorus Strait, Turkey now boasts a fourth bridge connecting Europe and Asia, and the first to span the Dardanelles Strait.