Skip to main content

New Senegal highway to connect major cities

A new highway in Senegal will connect the cities of Touba and Thiès. Construction work for the 113km highway is being financed by China. This being supplied under a 25 year loan in a package worth some US$704.86 million. The tolled highway is being built by China Road and Bridge Corporation). Work is due to commence shortly, with the construction phase expected to last 45 months. The Senegalese Transport Ministry has stated that tolls will pay back the loan, and that 500-600 permanent jobs will be created i
June 18, 2015 Read time: 1 min
A new highway in Senegal will connect the cities of Touba and Thiès. Construction work for the 113km highway is being financed by China. This being supplied under a 25 year loan in a package worth some US$704.86 million. The tolled highway is being built by 3366 China Road and Bridge Corporation. Work is due to commence shortly, with the construction phase expected to last 45 months. The Senegalese Transport Ministry has stated that tolls will pay back the loan, and that 500-600 permanent jobs will be created in addition to 7,000-8,000 temporary jobs.

For more information on companies in this article

Related Content

  • Chinese funding for important Ghanaian road links
    December 10, 2012
    A loan worth nearly US$113 million from the China Development Bank will be used to improve key road connections in Ghana. The four sections of road are in the south west of the country and are important links to the country’s oil and gas producing areas. In all, the China Development Bank is providing a lending facility worth a total of $500 million to Ghana’s Ministry for Roads and Highways. Other projects planned from this lending facility include $180 million for paving an existing gravel road that is 40
  • China’s massive new highway projects unveiled
    May 19, 2017
    Plans for massive highway construction projects have been unveiled in China. A 451km highway has been announced that will connect the cities of Yibin an Panzhihua. This is expected to cost as much as US$12 billion, with two firms carrying out the project under the build-operate-transfer model. Construction is due to commence later this year and is expected to take five years to complete. Meanwhile in Yunnan Province, the authorities are planning two highway projects worth a total of $3.75 billion. A new 50k
  • Montenegro ensuring sound motorway financing
    June 4, 2015
    Montenegro is ensuring it has sound financing in place for the new Bar-Boljare highway that will link it with Serbia. The country has a €687 million loan in place for the project that was provided by China's Exim Bank. The country’s Ministry of Finance is setting out a strategy that will protect it from risk. The loan was provided (in US$) for a 20 year repayment period, with a grace period of six years. However Montenegro’s Ministry of Finance is taking steps to prevent any future currency fluctuations fro
  • Contract awarded for key Vietnamese expressway
    July 17, 2014
    A consortium comprising local contractor Civil Engineering Construction Corporation (Cienco 4) and Japanese company Sumitomo Mitsui will carry out construction work on Vietnam’s new Ben Luc-Long Thanh expressway. This is the first package for the first phase of works on the expressway, with this tranche expected to cost in the region of US$1.6 billion. Vietnam’s Government is providing $337 million of the funding required. Some $635 million is coming in the shape of a loan from the Japan International Co-op