Skip to main content

Alabama highway project - cost increases

Questions are being asked in the US State of Alabama over additional funding being required for an 83km stretch of road.
February 17, 2012 Read time: 1 min
Questions are being asked in the US State of Alabama over additional funding being required for an 83km stretch of road. When the estimates for the Northern Beltline bypass connecting Interstate 20/59 with the 1/59 in southwest Jefferson County was announced in 2009 the project was expected to cost US$3 billion. However the project is now thought to cost $4.7 billion with the existing plans and there are concerns that the price may rise further. Materials costs have risen considerably since the project was first mooted although other cost increases have also affected the plans. Delays may hit the project but it still looks likely to go ahead.

Related Content

  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
  • New Zealand highway proposed
    June 15, 2021
    A potentially controversial tolled highway project has been proposed for New Zealand's South Island.
  • New funding for 44 infrastructure projects
    December 26, 2024
    New funding awards escalate the launch of 44 major infrastructure projects.
  • ASEAN Investors’ Brief: A Dynamic hub for Road Programs
    August 22, 2016
    If the countries of the Association of Southeast Asian Nations (ASEAN) formed a single economic entity, they would represent the 7th largest economy in the world, with an expectation to be the 4th largest by 2050 on current growth patterns. It is a region with much unrealised potential and favourable demographic trends. It also lies at the heart of several regional trade initiatives that will significantly boost infrastructure investments in the region, such as China’s 'One Belt, One Road' programme