Zambia road funding from India

A finance package from the World Bank of US$600 million will help pay for a series of development projects in Zambia. The three year development programme will help boost Zambia’s transport network and the funding has been made available via the World Bank's International Development Association. This package includes the $200 million budget for rural road development, intended to connect Zambia’s most remote areas to the transport network.

A loan of €178 million will pay for the Surcin-Obrenovac highway project in Serbia. The loan for the work is being provided by China’s Export-Import Bank. The financing deal has been agreed between the Serbian Government and the Chinese bank. When Chinese sources deliver funding for road projects, a usual stipulation of the agreement is that the main contracting work should be carried out by a Chinese firm. However, the names of the company or companies that will be involved in the road construction have ye