Finance & Funding

Work has started on the first stage of the 4.3km-long Presov northern bypass, part of the R4 speedway in eastern Slovakia.

A major road upgrade programme is being planned for India’s Maharashtra State. A loan worth US$200 million is being provided by the Asian Development Bank (ADB) to pay for the work. The plan calls for roads in 34 of Maharashtra State’s districts to be surfaced. The State Government will provide $96 million to the programme also. The ADB is also providing a$1 million for technical assistance to the Maharashtra Rural Road Development Association.

A series of highway upgrades will improve transport links in Vietnam’s Mekong Delta area. Improvements will be carried out to 52km stretch of the National Highway 53. The tender process is opening shortly for this road improvement contract, with the work expected to cost around US$51.4 million. Improvements are also being planned for the Quan Lo-Phung Hiep National Highway. This work should commence in late 2019 and should be complete in 2020. Upgrades are also planned for a stretch of the Dong Thap Pro

A road project in Ethiopia is benefiting from a financing package worth US$98 million being provided by the African Development Bank (AfDB).

Construction work is underway on Vietnam’s key Trung Luong-My Thuan expressway project. The rate of construction has been speeded up for the section located in Tien Giang Province. Funding issues had previously slowed the work. However a complete financing package has yet to be secured.

Plans are being drawn up for a key coastal road project for Thailand. The project envisages the construction of a coastal road connection, forming part of the Thai Riviera development. The new road is being built in two separate phases, with the first of 683km and connecting Samut Songkhram to Chumphon, and the second of 578km and linking Chumphon to Songkhla. Work on phase two will commence in 2022. When complete, the road will provide a new connection between the Thai capital, Bangkok, and the Golok River

Work is due to start shortly on a new road project in Kenya that will boost transport between Kenol and Isiolo. The US$297.5 million project is for a dual carriageway connecting Kenol, Nyeri, Sagana and Isiolo. The road will measure around 163km in all and construction is expected to take three years to complete. Financing for the work is being provided jointly by the African Development Bank and the Kenyan Government.

A new road tolling system is to be implemented in Abu Dhabi in the United Arab Emirates. Sophisticated electronic tolling technology is being installed at the four bridges, Al Maqtaa, Mussafah, Sheikh Zayed and Sheikh Khalifa, that connect with Abu Dhabi city. Introducing this tolling system is expected to generate an estimated US$109 million/year in revenue. This will be used to help develop transport infrastructure in Abu Dhabi so as to reduce the reliance on the road network for commuting, improving traf

A series of road project tenders are being planned by Poland’s roads authority, GDDKiA. These are expected to open before the end of 2019 and will have a combined value of close to €2.8 billion in all. The project tenders will be for a total distance of 250km of road development works. Four stretches of the S5 route will benefit from improvements, between Nowe Marzy and Dworzysko, from Dworzysko to Aleksandrowo, between Biale Blota and Szubin and from Wirwajdy to Ornowo. Work will be carried out on two se