Finance & Funding

New Zealand is setting a budget of US$20 billion for its transport development programme.

Romania is investing €7.6 billion in developing its transport infrastructure.

The 20km project, awarded by the Georgia Department of Transportation in the US, went to the SR 400 Peach Partners, that includes ACS, Acciona and Meridiam.

Procurement for phase 3B of the Highway 1 improvements, between Langley and Abbotsford, in the Canadian province of British Columbia will start next year.

€245 million for Tunisia’s new Bizerte Bridge.

The existing Interstate 5 bridge connecting Portland and Vancouver over the Columbia River in the US northwest is actually two parallel bridges – one dating back to 1917.

India has plans for US$20.5 billion of road building works.

The design and construction will be awarded as a single contract, the first of its kind in Romania.

A US$268 million funding package will pay for a key Vietnam highway stretch.

The 2024 ITF Summit in Leipzig offered a unique stage for the International Road Federation (IRF) to sign new and important partnerships in line with its commitment to promoting global solutions for the road mobility sector.