The Russian highway authorities intend to invest a massive €16.78 billion (US$24.23 billion) in road construction and repairs during 2011. This investment will come from federal and regional budgets
and represents a 40% increase over spending made in 2010. The plans involve repairs to 5,500km
of road surface at a cost of €2.11 billion ($3.046 billion).
Nigeria’s Lagos state government has outsourced around a third of its street lighting under a deal with UK manufacturer Low Energy Designs. A total of 10,000 LED Street lights are set to be installed in Lagos, Nigeria by a United Kingdom firm, Low Energy Designs. The Lagos State Government recently entered into a partnership with the UK Company. The partnership deal will see LED replace up to 10,000 lights over 300km of state roads within the next year at a cost of US$7 million, Nigeria’s media reported.
Work on an extension to the express lanes on the I-95 Interstate highway in the US will be carried by Fluor Enterprises and the Transurban Group. The two companies have a 76-year concession package to operate and maintain the toll road infrastructure for the section of I-95 under a joint venture arrangement, 95 Express, The 147km stretch of express lanes on the I-95 highway will be owned by The Virginia Department of Transportation (VDOT) however. Work on the US$925 million project is commencing in Septembe
