Funding from China will help pay for key road repairs in Angola. The country will benefit from a credit line worth US$1 billion offered by China. The funds will be used to upgrade 17 important road links, although a focus for the repairs will be a stretch of National Highway 321 connecting Dondo with Maria Theresa. The projects form part of Angola’s National Construction and Renovation Plan and will be offered to Chinese road construction firms.
Chinese funding for Angola road repairs
Funding from China will help pay for key road repairs in Angola. The country will benefit from a credit line worth US$1 billion offered by China. The funds will be used to upgrade 17 important road links, although a focus for the repairs will be a stretch of National Highway 321 connecting Dondo with Maria Theresa. The projects form part of Angola’s National Construction and Renovation Plan and will be offered to Chinese road construction firms.
Finance & Funding / July 15, 2016