Finance & Funding

SBI International Holdings will carry out US$93 million of road construction works in Guatemala. The works will be for the upgrading of four sections of road in Alta Verapaz and Quiche that measure just over 144km. The deal was awarded by Guatemala’s Ministry of Communications, Infrastructure and Housing (CIV). SBI International Holdings is a subsidiary of Israeli firm Solel Boneh International. A $100 million loan from Japan's International Cooperation Agency (JICA) has provided the necessary financing for

Funding has been secured from Kuwait for a series of major infrastructure projects in Tanzania. One of the main projects will be for a series of road upgrades in the city of Dodoma. Another project will be for improvements to the 257km road connecting Morogoro with Dodoma. The US$207.3 million loan has been made available to the Tanzanian Government via the Arab Economic Development Fund. Kuwait has provided financing for earlier infrastructure projects in Tanzania also.

Construction is now underway for the project to build Cambodia's National Road No 5. Costing in the order of US$185 million, the project also includes building two city bypasses. Much of the funding for the project is being supplied in the shape of a loan from the Japanese Government. This 85km route is of key importance to Cambodia as it will provide a link from the capital, Phnom Penh, to the border with neighbouring Thailand. The highway provides a new link that connects Banteay Meanchey Province

Colombia is working on plans to redevelop transport infrastructure in its Caribbean Region. In all nine road projects are underway, which will cost a total of US$2.8 billion. New highways will connect Cartagena with Barranquilla, Carreto with Cruz del Viso and Antioquia with Bolivar. Also being built area route running through Santa Marta Riohacha, Paraguachon and Cordoba-Sucre as well as part of the Ruta del Sol highway.

Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P

A new bridge project will improve transport connections between China and Myanmar. The bridge will be located in Myanmar’s Shan area, bordering with China’s Yunnan Province. This will replace the existing bridge at Kunlong. The new bridge will measure 4.2km in length, spanning the Thanlwin River. This will form part of the route running through Theinni, Kunlong and Chinshwehaw and the project includes building 4km of connecting roads.

Financing now looks set to be secured for a major bridge project for Uganda. A loan is being supplied by various European and Japanese banks will help pay for the new River Nile Bridge. In all the bridge project is costing US$125.7 million. The 525m-long by 23m-wide link is needed to replace the ageing xxx structure. After the new bridge opens to traffic, the old bridge will be decommissioned.

A finance package has been secured to help pay for the building of Turkmenistan’s Ashgabat-Turkmenabat highway project. Worth US$2.4 billion, the financing comes in the shape of a loan and is being provided by the Central Bank of Turkmenistan. The finance package is being provided to the Union of Industrialists and Entrepreneurs of Turkmenistan under a 20-year loan deal that includes a grace period of five years. The new Ashgabat-Turkmenabat highway project will help to improve transport efficiency in