Takuechi Finance Takuechi Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Sun April 22 2018

Related Information
Related Information
Related Information
Related Information

News » International » Jamaica secures Chinese backing for coastal highway » published 14 Feb 2017

Jamaica secures Chinese backing for coastal highway

Jamaica’s finance minister is travelling to China this week to sign an agreement with Exim Bank for construction of the US$384m (£298m) southeast coastal highway project.

Audley Shaw Above: Audley Shaw

The Cabinet gave approval last year for the Government to enter into a contract with China Harbour Engineering Company Limited (CHEC) to undertake the project.

Minister Audley Shaw said the new highway will run from Harbour View in Kingston through Morant Bay in St Thomas and on to Port Antonio, Portland. The government already allocated funding in the current financial year to begin preparatory work on the project including surveys, an environmental impact assessment and design reviews.

The new highway will include four lanes from Harbour View to Bull Bay, which will be reduced to three lanes and then two lanes as it continues to Port Antonio.

Shaw said that the government re-scoped the original cost following a review of the initial plans for a toll road between Harbour View and Morant Bay. “We determined that the economic feasibility wasn’t there for that,” he said. Half of the money will now be used to build the southeast coastal highway and the other half will be used to extend the east-west toll road.



Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 14 Feb 2017 (last updated on 14 Feb 2017).

More News Channels