Chinese funding for Angola road repairs

A massive Angola motorway contract will be handled by a Chinese firm.

Chinese funding will finance a series of infrastructure projects in Angola. The funding for the projects is being provided by China Credit Line (LCC), with the 15 projects worth a total of US$631 million. Some of the work will be carried out by local contractors while Chinese companies will handle others now that the projects have been awarded by the Angolan Government. One of the largest projects is for the $59.4 million upgrade of a road in Lunda Sul Province, which will be handled by Chinese firm China N

In Angola’s capital Luanda, three key road projects have now been awarded, with the work intended to help improve urban traffic flow and cut congestion at peak periods. One project will be carried out by the Chinese contractor China Railway 20 Group International. This project is worth some US$142.3 million and is for the second stage of the South-West Luanda Boulevard, which will run along the coast. Contractor Tecnovia Angola will handle the work for the other two projects. One is the $1 billion project f

Angola has a US$421 million road development programme.

Angloa will build a 26km ring road to connect the cities of Quilemba and Eywa in the southwestern province of Huila. The 9m wide road will cost around US$43.24 million and be completed in 18 months, Angola’s national news agency ANGOP reported. The governor of Huila, João Marcelino Tyipinge, announced the project in Lubango, capital city of the province. Anglo recently announced that the final stretch of the road from the national capital Luanda on the southern coast to the strategic city of Soyo in the

Chinese financing will be used to pay for new road links in Sri Lanka. The China Development Bank is providing sources to funds of up to US$500 million that will pay for key road upgrades in Sri Lanka.