A new highway in Senegal will connect the cities of Touba and Thiès. Construction work for the 113km highway is being financed by China. This being supplied under a 25 year loan in a package worth some US$704.86 million. The tolled highway is being built by 3366 China Road and Bridge Corporation. Work is due to commence shortly, with the construction phase expected to last 45 months. The Senegalese Transport Ministry has stated that tolls will pay back the loan, and that 500-600 permanent jobs will be created in addition to 7,000-8,000 temporary jobs.
New Senegal highway to connect major cities
A new highway in Senegal will connect the cities of Touba and Thiès. Construction work for the 113km highway is being financed by China. This being supplied under a 25 year loan in a package worth some US$704.86 million. The tolled highway is being built by China Road and Bridge Corporation). Work is due to commence shortly, with the construction phase expected to last 45 months. The Senegalese Transport Ministry has stated that tolls will pay back the loan, and that 500-600 permanent jobs will be created i
Finance & Funding / June 18, 2015
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