10 °c
London
Tuesday, April 13, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Bank of South Korea funds reconstruction of road in Mozambique

FurtherAfrica by FurtherAfrica
July 25, 2016
in Africa, Development, Economy, FDI, Finance, Infrastructure, Mozambique, Trade, Transport, Travel
Reading Time: 1 min read
1
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Reconstruction of the road between Nampula and Nametil, over a distance of 72 kilometres, will cost US$75.4 million, the National Roads Administration (ANE) of Mozambique said Friday in Maputo.

Agostinho Notece of the ANE said during a business and investment forum held in the city of Nampula that the project would be financed with a loan from the South Korea Import-Export Bank under an agreement signed in May 2015.

The ANE official said the environmental impact study for the road had already been approved and the contract for the engineering and work supervision project has been signed with a consortium of Korean companies KECC (Korea Engineering Consultants Corp.) /KCI Ltd. /SAMBO Engineering.

The public tender for the works is due to be launched in August, after approval of the documentation by the financing bank, and the contract is expected to be awarded in December, according to Mozambican news agency AIM.

The technical solutions proposed by the consortium stipulate that the road will have a total width ranging from 10 to 20 metres, including shoulders. The project includes six bridges and 49 aqueducts, all of which in reinforced concrete.

Source: macauhub

Related

Tags: Administração Nacional das EstradasANEaqueductbridgeKCIKECCKorea Engineering Consultants CorpMozambiqueNametilNampulaSAMBO EngineeringSouth Korea Import-Export Bankモザンビーク莫桑比克
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

Angola diamond production volume increase slightly in June

Next Post

Tanzania Companies Look Forward to Chinese Trade Expo

FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

MTN Group donates US$25M for 7 million vaccine doses for health workers
Finance

MTN values mobile money arm at US$5B, considers IPO

by Staff
April 13, 2021
Angola: AIPEX records over US$3B in private investment
Angola

Angola: AIPEX records over US$3B in private investment

by Staff
April 13, 2021
Total signs agreements with Uganda on East Africa Oil Project
FDI

Total signs agreements with Uganda on East Africa Oil Project

by Staff
April 13, 2021
Mozambique

Mozambique: Gemfields generates first ruby revenue in 15 months

by Club of Mozambique
April 13, 2021
FDI

Total to extend dominance in Africa with go-ahead for Uganda oil

by Staff
April 13, 2021
Next Post

Tanzania Companies Look Forward to Chinese Trade Expo

National Bank of Angola wants to improve scheduling of currency sales

Namibian Debmarine takes possession of new mining and exploration vessel

Comments 1

  1. Avatar Armando Maluana says:
    5 years ago

    Are we going to support Moz making stupid deals again? People are now suffering in Moz, inflation hits high 50% underreported due to the national debt with Credit Suisse and other lenders. Not sure if our politicians and elected officials understand their numbers and how it can influence negatively the Mozambican people. Not even sure if they counsel each other on Nationals Budget.

    Reply

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?