Finance & Funding

Mott MacDonald has won the contract to supervise construction of Poland’s A1 highway. The company supervise work for two sections of the A1 highway, a project being co-financed by the country’s General Directorate for National Roads and Motorways and the European Union (EU). The construction of the A1 highway is due to for completion in early 2019. The project is intended to tackle congestion in the city of Czestochowa. It will diverting traffic from the city centre onto the newly constructed 25km highway.

An approval has been granted by the prime minister to scale down and slash investment for a road project linking Hai Phong-Hanoi and Cau Gie-Ninh Binh motorways in Vietnam. In 2011, work on the project started and within 2015, it is anticipated that the project will reach completion. Due to a capital squeeze, investment on the project will reach nearly US$212 million, a cut of almost $39.64 million. By 2017, stage one of constructing two traffic lines will be completed.

A bridge crossing the Caspian Sea has been proposed. China is looking at possible designs for the structure, which would link Azerbaijan with Kazakhstan. The estimated cost of the project has not been disclosed but the bridge would provide an important link in the overland transport route from China and through Kazakhstan and Azerbaijan as well as Armenia and Turkey to Europe. Economically this overland road (and rail) link is of prime importance both for China and Europe, as well as for the countries situa

Work is now underway on the new Zambezi River crossing, which will improve transport links between Botswana and Zambia. The new bridge crosses the river close to the Zambian town of Kazungula and is costing some US$259.3 million to construct. The bridge will be 923m long and will carry both rail and road traffic, with border posts located at either end. The project is being carried out by South Korean contractor Daewoo Engineering and Construction. Financing for the project is being provided by the African

Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km

Norway’s construction industry will continue to expand for five years, with investment in transport infrastructure continuing to drive growth, according to a recent report. The government’s fourth National Transport Plan 2014–2023 calls for a series of new infrastructure projects worth around US$86.5 billion. Nearly 1,300km of new trunk roads and 380km of four-lane motorway will be opened, as noted by the Norwegian Ministry of Transport and Communications The overall construction industry’s output va

Work is underway in the Australian city of Adelaide on a US$657 million upgrade of the Torrens Road to River Torrens section of the North-South Corridor. Nearly 500 workers will eventually be on site to upgrade the 3.7km section of road, of which 3km will be made into a non-stop roadway. The project includes a 2km section of non-stop lowered motorway as well as an overpass for the city’s Outer Harbour rail line. Contractors will deliver six intersection upgrades as well as improved cycling and pedestr

Following the completion of the feasibility study commissioned by Highways England into dynamic wireless power transfer technologies, off road trials of the technology needed to power electric and hybrid vehicles on England’s major roads are due to take place later this year. The trials are the first of their kind and will test how the technology would work safely and effectively on the country’s motorways and major A roads, allowing drivers of ultra-low emission vehicles to travel long distances without