Bolivia's authorities are planning to spend US$200 million on new infrastructure.
February 27, 2012
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Bolivia's authorities are planning to spend US$200 million on new infrastructure. One of the key projects will be a new two lane road link between La Paz and Oruro. Transport links are key to the land-locked country's economy.
South Korea is setting an ambitious transport and infrastructure budget for 2010. The country intends to invest US$52.51 billion on projects for new roads and highways, as well as rail and port developments.
Indonesia is planning an impressive investment in infrastructure development. The five year plan calls for US$27.7 billion of works. Transport infrastructure is one of the key priorities with spending on roads and bridges as well as airports and rail.
According to a new report by Timetric’s Construction Intelligence Centre, 15 of the major economies in Europe are investing over US$1.43 trillion in road and rail construction projects in the coming years. Russia leads with investment of $433 billion, followed by the UK and France with $263 billion and $167 billion, respectively.
The railways sector has the highest value at $804 billion, followed by the roads sector at $301 billion. Tunnels and bridges is valued at $227 billion and the trams and metros se
