Climbing costs cause concern

The Honduras Government is revealing its concern over rising costs of materials, as these will have a major impact on planned road maintenance and repairs, as well as new construction.
February 10, 2012 Read time: 1 min
The Honduras Government is revealing its concern over rising costs of materials, as these will have a major impact on planned road maintenance and repairs, as well as new construction. The increasing prices charged for materials such as steel reinforcing bar, cement and fuel will impact on the budget Honduras has available for road works, according to the country's construction sector chamber. Honduras has to repair and upgrade roads across its 14,044km network and there are doubts as to whether the road fund will be sufficient to meet maintenance needs. The cost of steel reinforcing bar for example has increased by 16% recently while cement has jumped 42% in price.

Related Content

  • Solving the Nation’s Roadwork Crisis with Greater Industry Collaboration
    December 31, 2024
    Nick Smee, Business Unit Director of Infrastructure at Causeway, discusses roadworks for the UK.
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Europe’s traffic pollution problem causes concern
    December 3, 2012
    The latest data available suggests that traffic pollution is still harmful to health in many parts of Europe. Transport in Europe is responsible for damaging levels of air pollutants and a quarter of EU greenhouse gas emissions. Many of the resulting environmental problems can be addressed by stepping up efforts to meet new EU targets, according to the latest report from the European Environment Agency (EEA). The EEA’s annual report under the Transport and Environment Reporting Mechanism (TERM) assesses the
    Read More
  • Norwegian road construction costs jump 12.9%
    May 16, 2022
    Material costs rose 26.3% in the past year with concrete bridges especially more expensive.
    Read More

Highlighted Content