Slovakia’s D4/R7 zero bypass of Bratislava has picked up the Best Transaction in Europe award given by the UK magazine Project Finance International.
The Ministry of Transport and Construction received the award in London in early February. The ministry said that the contract is notable for being the first whereby a project had combined funding from European Union investment and structural funds and the EU fund for strategic investment.
World Highways reported in January that construction will start early
The Sichuan Development and Reform Commission plans to spend US$70.16billion on 500 major projects in the Chinese province during 2012. Work on 11 rail projects will begin in 2012. Of those, construction on a 99.27km section of the Kunming-Chengdu line and the 520km Guiyang-Chengdu are due for completion in 2017. This will follow the proposed 2015 completion of a 135.41km section of the Kunming-Chengdu line and the 99.09km Pujiang-Chengdu line, and the earmarked 2016 completion of the 510.5km Chengdu-Xi'an
A series of transportation projects are in hand for Mindanao in the Philippines. The Philippines' Mindanao Development Authority (MinDA) has said that the Mindanao Development Corridors' major infrastructure component will cost some US$14.02 billion in all. Of the total, some $5.6 billion will be spent on airports, seaports and roads. MinDA intends that these projects will get underway out in the next two years, with work planned for completion in five years.
A new bridge has been proposed that will conne
