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Finance & Funding

A6 project between Weinsberg and Wiesloch/Rauenberg set to start
January 26, 2017
Work will soon start on the €1.3 billion project to widen a stretch of the A6 motorway, one of Germany’s most congested highways. Both sides of the motorway between the Weinsberg and Wiesloch/Rauenberg junctions will be expanded. On 25 km of the section being expanded under the project – altogether 47.1 km – the number of lanes will be increased from four to six. The project also encompasses the construction of the 1.3km-long Neckartal Bridge. Preparatory work for the public-private partnership has
Netherlands: Hochtief, Fluor and Heijmans win Zuidasdok contract
January 26, 2017
Germany's Hochtief and US-based Fluor have been awarded a preliminary construction contract for the Zuidasdok regeneration project in Amsterdam. Hochtief and Fluor will each secure 42.5% of the €990 million contract while Dutch contractor Heijmans will secure 15%. Zuidasdok - a joint project by the city of Amsterdam, ProRail and Rijkswaterstaat – will redevelopment the area around Amsterdam Zuid train and metro station, including major changes to the A10 motorway. ProRail is a government organisati
Pakistan rebuilding flood-damaged infrastructure
January 26, 2017
Pakistan is setting out plans to rebuild infrastructure that has been damaged by flooding. The work to rebuild highways and bridges damaged by the flooding is expected to cost nearly US$219 million. Funding to help pay for the work is being provided in the shape of a loan worth close to $197 million from the Philippines-based Asian Development Bank (ADB). Pakistan’s National Highways Authority (NHA) has set out a programme of works that involves repairing and upgrading a total of 212km of road as well as 33
Polish highway connection to be completed
January 25, 2017
Poland is pushing ahead with plans to complete a section of the A1 highway. This stretch of the highway lies between Pyrzowice and Czestochowa in the south of the country. The work is expected to be funded to the tune of €315 million from the EU Cohesion Fund. This stretch of highway will play a key role in Poland’s future economic development when it opens to traffic in mid-2019. It will improve the transport connections with the important industrial city of Katowice in the south of the country and also wi
Poland to boost high-speed road construction in 2017
January 24, 2017
Poland plans to issue a number of major highway construction tenders early this year as part of plan to boost the number of high-speed road projects started in 2017. Around €4.84 billion be spent this year on road construction and maintenance. Expected to be on offer is the missing A1 section between Tuszyn and Czestochowa as well as construction of an S61 dual carriageway from Ostrowia Mazowiecka to Szczuczyn. Polish media reported that around 124km of dual carriageways and motorways were built last
Moscow road repairs budget set
January 24, 2017
Moscow is pushing ahead with its programme of road repairs in the city and surrounding area. During 2016 some 2,100km of roads benefited from necessary repair and maintenance work. This work cost over US$162 million, with funding coming from the Moscow Regional Budget. The city’s chronic traffic congestion is made worse by the poor state of the road network in many areas of Moscow and plans are in hand to carry out repairs to address the issue. With high traffic volumes and a tough climate to contend with,
China’s Heilongjiang Province sets road expansion budget
January 24, 2017
China's Heilongjiang Province plans to develop its transport infrastructure. The authorities in the province have set a budget of US$2.99 billion to develop road links as well as waterways. The plans call for the construction of 364km of new highways, upgrading 450km of existing rural roads and building 6,400km of new rural roads. Waterway development will include developing river infrastructure for heavy shipments and improving five existing channels meanwhile. This overall programme of works represents a
India plans upgrading roads to highways
January 23, 2017
India’s Madhya Pradesh State is developing plans to upgrade existing roads to highway status. The programme will see up to 2,000km of roads being widened with extra lanes being added as well as new safety measures being installed. The aim of this programme is to boost connectivity in the state, with the plans have been developed by the State Government and now being submitted to India’s Central Government for approval. Funding for the widening and upgrade programme has yet to be announced however. Two of th
Germany highway toll system being planned
January 23, 2017
Germany is pushing ahead with its plan to charge tolls for use of its national Autobahn highway network. The plans have attracted a high degree of controversy as Germany’s Autobahn system, the world’s first national highway network, has been free for use by car drivers since its inception in the 1930s. Truck tolling was first introduced some years ago on the Autobahn system and this latest development is intended to generate additional revenue that can be used to maintain and develop the network. With both
Malayisa capital road development plans
January 19, 2017
Malaysia’s capital Kuala Lumpur will benefit from a major road building programme. Some 72.km of road building work is planned for the city, worth a total of US$ 1.54 billion. The Malaysian company Ekovest is managing the operations, with the programme of works intended to improve traffic flows within the city centre.