The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
Serious flooding in Southern Thailand has caused extensive damage to roads and highways. In a bid to restore these transport links the country’s Highways Department's Highways Maintenance Management Bureau has set a budget close to US$103 million.
Major players will be at Hillhead 2012 where 91% of the space is allocated.With almost nine months to go, 91% of the stand space at Hillhead 2012 has already been allocated to exhibitors, including major players such as Volvo, Sandvik, Metso, Terex Group, Finning/Caterpillar, Liebherr and Bell Equipment.click image to enlargeHillhead 2012Event director Jack Berridge said demand for space over the summer had been very buoyant and the site plan had filled up very quickly.
The incoming president of the Institute of Highway Engineers (IHE) has called for the UK to consider banning HGVs from its motorways on Sundays. Richard Hayes, who takes up his new role at the IHE AGM tomorrow, said he will be writing to the Roads Minister, Mike Penning, to request the Department of Transport investigates a possible ban.
Hayes said several mainland European Union countries impose restrictions on the times and days when HGVs can be driven on public roads. France, Spain and Italy have a gene
