Finance & Funding

Financing from China is helping pay for a series of major infrastructure projects in Pakistan.

The Australian state of Queensland is setting out major plans for infrastructure development. A budget of US$33.8 billion (A$45 billion) has been set for improvements to transport systems across the state over a four year period. Planned work will include developing new roads and highways as well as road connections.

Global auctioneer Ritchie Bros raised over €35 million during the company’s recent auction in Moerdijk, the Netherlands - the largest such event there since 2010.

In Rwanda, a US$66 million deal has been signed for construction work on a road running from Base and through Butaro to Kidaho. The 63km stretch road is intended to improve transport connections in the north of the country. The work on this road will boost the country’s connections with neighbouring Uganda, helping develop trade and transport between the two nations.

A Salini Impregilo consortium has been shortlisted to design and build the Rozelle Interchange and Iron Cove Link as part of Sydney’s WestConnex project. WestConnex, the biggest road development in Australia, is likely to cost around US$12.6 billion. At an estimated value of about $2.65 billion, the Rozelle Interchange and Iron Cove Link was commissioned by the New South Wales state government. It will include an underground motorway interchange to City West Link and underground bypass of Victoria Roa