Finance & Funding

A new road tolling plan will help cut congestion in Colorado. The Colorado Department of Transportation (CDOT) has a US$1.8 billion project proposed to expand toll lanes for sections of Interstates I-25 and I-70. The project will address sections of the east segment of I-25 and to a stretch of I-70 as this is seen as the best way to tackle congestion in this area of the network. The plan would cover the I-70 corridor north of downtown Denver. CDOT hopes to borrow the necessary US$1.2 billion funding from th

A major programme of repairs and rebuilding is being carried out on Russian roads in the country’s North-Western Federal District during 2014. In all close to US$144 million is being spent in a programme of works with upgrading 258 separate infrastructure projects. The work is being carried out on 293km of public roads in all, while work is planned on a further 400km of roads during 2015.

Plans are moving ahead in Bangladesh for a series of new elevated expressways that will be constructed in capital Dhaka. Chinese contractor China Railway Construction Corporation and Ital-Thai Development Corporation have signed an agreement that will see the two firms working jointly on the expressway project. A budget of US$172.55 million has been set for the work. The expressways are being elevated so as to minimise risks from flooding and also so as to minimise the amount of land required for their cons

The tender process is opening for new road connections in Poland. Ring roads are planned around the Polish city of Radom as well as the town of Gora Kalwarii while there are plans for a new dual carriageway section of the S8 between Radziejowice and Paszko. In all the work is expected to cost€716.5 million. The tender process has been called by the Polish road administration, GDDKiA. The Radom bypass will be some 25km long while a21km stretch of the S8 will be upgraded to dual carriageway status, with this

Construction work is now commencing on the second level of the key Mexico City-Puebla highway. The project is costing some US$766.4 million, with funding being sourced jointly from federal and regional governments as well as a number of private investors. The highway is being built by a number of firms including OHL and Pinfra. The construction project is expected to require 24 months to complete.

The new Regina Bypass Project in Canada is gathering momentum, with construction due to start in mid-2015 and expected to be complete in the third quarter of 2018. The project is benefiting from US$183.63 million (C$200 million) of federal funds and includes building the 40km highway class bypass itself, a 5km section of dual carriageway between the bypass and Highway 6 and 10 overpasses. Three of the five participants in the tender process have now been shortlisted for the Request for Proposal (RFP) stage

Kuwaiti construction firm Mudeer Contracting Company (Mudeer) is carrying out the five-year contract to operate and maintain a 25km causeway connecting Saudi Arabia and Bahrain. The US$44.8 million contract commences in October 2014. Mudeer’s contract also includes operating and maintaining the border control facilities between the countries. The King Fahd Causeway provides and important connection between the countries, carrying over 8 million vehicles in 2013.

In Poland the tendering process is underway for a new dual carriageway project. The project is for another stretch of the S3 dual carriageway, which will link the cities of Legnica with Bolkow. The 36km dual carriageway project will be divided into two sections and the work also includes the construction of service areas. The tenders have to be received by 19th September 2014. The dual carriageway will be of importance to Poland’s industrial output as Legnica is home to some of the country’s larger mining o

The Philippines is setting major targets for road development in coming years. A planned budget of US$2.59 billion has been set for infrastructure in the city of Luzon for 2015. And the Department of Public Works and Highways plans to pave some 32,227km of the country's national roads by 2016, with only 83% so far having been paved. Some 64.3% of the department's budget will be for repair and construction of highways. Other spending will be allocated for the development of 410km Mindanao road network, which

Plans are in hand in Macedonia for the new highway that will run from Bar to the Serbian border. The Macedonian Government recently held talks with Chinese construction company CRBC with regard to the project. The Chinese contractor is commencing construction once a loan from China’s Exim bank is fully secured. Meanwhile over the border in Serbia, the Ministry of Transport has said that 2014 will see some 60km of new major roads opening to traffic. In 2015 work on another 210km of roads will commence in the