Construction starts on Yichang section of China’s Yichang-Yueyang expressway
Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).
January 4, 2013
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Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).
Vietnam’s Cuu Long Transport Infrastructure Management Investment and Development Corporation - Cuu Long Transport – is seeking approval for an expressway linking Ho Chi Minh City and the Cambodian border.
Stage one of the US$1.38 billion project would be just over 55km costing around $670 million with a second 38km stage costing $718 million and to include viaducts.
Cuu Long hope to raise cash through government agencies as well as loans from the Asian Development Bank for the expressway that would b
Work is underway in the Australian city of Adelaide on a US$657 million upgrade of the Torrens Road to River Torrens section of the North-South Corridor.
Nearly 500 workers will eventually be on site to upgrade the 3.7km section of road, of which 3km will be made into a non-stop roadway.
The project includes a 2km section of non-stop lowered motorway as well as an overpass for the city’s Outer Harbour rail line. Contractors will deliver six intersection upgrades as well as improved cycling and pedestr
Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
