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Infrastructure Projects in China

  • China Exim Bank Will Lend Tanzania $7.6 Billion for Railway

    CHINA, 2016/07/26
  • Pakistan working on Gwadar-China oil pipeline

    CHINA, 2016/07/14 Pakistan is working on a plan to lay an oil pipeline from Gwadar to China for the export of crude and has given the task to national construction firm Frontier Works Organisation, say officials who are aware of the development. The pipeline will run from Gwadar Port to western China and will allow Beijing to diversify and speed up import of crude oil. Prime Minister Nawaz Sharif had floated the idea of constructing the oil pipeline during a visit to China.
  • Djibouti partners with China to develop local infrastructure and global trade routes

    CHINA, 2016/06/18 Djibouti has recently inked an agreement with China to streamline the East African country’s Customs systems, in a bid to consolidate its position as a logistics and trade centre for the region. The agreement comes as Djibouti channels some $14bn worth of investment – inclunding over $1bn worth of concessional financing from Chinese banks ­– for a spate of major infrastructure projects, ranging from free trade zones to a new railway and port facilities. The new Silk Road
  • Africa: China in U.S.$6 Billion Offer for Tanzania Rail

    CHINA, 2016/05/10 China last week said it is ready to provide $6.8 billion for the construction of Tanzania's Standard Gauge railway along the Central Corridor . This follows talks held between China's Ambassador to Tanzania Dr. Lu Youqing and President John Magufuli in which the government has as well set aside $454,545 out of its $13.2 billion in the fortcoming 2016/17 financial year. A statement issued by the National Home reveals that construction of the 2,561 railway is expected to boost the performance of the port of Dar es Salaam and the national economy in general. Ambassador Lu as well handed over to President Magufuli a letter with message from Chinese President Xi Jinping.