×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

A range of foreign operations are expected to begin investing in sub-Saharan infrastructure development, with Chinese construction companies firmly in the dominant position.BMI Research, a Fitch group company, says the region will provide investment opportunities across several sectors including transport, power and industrial construction.In its outlook for sub-Saharan African infrastructure in 2017, it says as governments work to overcome logistical shortcomings to support infrastructure development better, China will continue to dominate financing flows to the region and provide support for project financing, construction and operations. BMI says this comes as China presses ahead with international expansion plans to offset overcapacity in its domestic construction industry.African governments welcome the cheap credit lines offered by Chinese companies. The slump in commodity prices has slowed economies such as Nigeria, Angola and Mozambique. Prices have started firming since 201...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.