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

  • Huge potential of Kenya’s bitumen market
    May 17, 2017
    Kenya’s bitumen demand to grow - Shem Oirere writes. Kenya’s demand for bitumen products is set to increase with recent budget allocations for construction of new roads, ports and airports and for maintenance of existing transport infrastructure. The country’s economic growth rose from 5.3% in 2014 to 5.5% in 2015 and is projected to hit 6% and 6.4% in 2016 and 2017 respectively according to the African Development Bank, triggering demand for better and modern infrastructure particularly in the transport se
    Read More
  • “Innovative thinking” can secure vital US transport infrastructure cash
    August 21, 2012
    A leading US regional business association figure has called for “innovative thinking” on transport infrastructure funding and the “aggressive exploration” of new funding sources to help achieve a more prosperous America. Writing in the Cincinnati Enquirer, Ellen van der Horst, president and CEO of the Cincinnati USA Regional Chamber, said: “Just as innovation leads to improvements in the way we do business, innovative thinking can also lead to improvements in the way we fund infrastructure. And the need fo
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • Lighting innovations boosting brightness, cutting costs
    January 27, 2014
    CU Phosco’s new P850 LED main road lantern has just seen its first major deployment – between Junctions 16 and 17 of the A55, a strategic road which skirts the North Wales coastline – Jason Barnes reports The A55 is a grade-separated dual carriageway also known as the North Wales Expressway. Some 139km long, it originally ran from Chester to Bangor but was extended across the Isle of Anglesey into Holyhead Docks in 2001 under a project part-funded by the European Union.
    Read More

Highlighted Content