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China suspends infrastructural projects in Zimbabwe

Posted by Mark Macharia on October 25, 2019
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Chinese financial institutions have suspended the funding of three big infrastructural projects totalling US$1.324bn after the government of Zimbabwe raided and diverted US $10m from an escrow account for the Robert Mugabe International Airport expansion project. The affected infrastructural projects include the US $1.1bn Hwange 7 and 8 refurbishment project, the US $71m NetOne expansion […]

The post China suspends infrastructural projects in Zimbabwe appeared first on Construction Review Online.

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