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).
An optimistic tone in South Korea is seeing the construction of an expressway connecting Seoul and Munsan. The project is being carried out in a bid to boost trade with North Korea. This is in spite of the current uncertain political situation in North Korea. The expressway will connect South Korean capital Seoul to Munsan, which lies to the south of the Demilitarised Zone bordering North Korea. More private investment can be roped in via the plan to build the expressway. An environmental impact assessment
Construction work is starting on Vietnam’s Van Don-Mong Cai highway. Located in Quang Ninh Province in the north east of Vietnam, the 80km highway will feature two lanes in either direction. Costing US$471.6 million, the project is expected to take nearly two years to complete. The work is being carried out in joint venture by Cong Thanh Transportation and Construction Corporation, Van Don Sun JSC and Long Van Infrastructure Investment and Development Co. The project is expected to help develop tourism in t
The details of the 2013 China Construction Machinery Technology Development Forum (CTO Summit) have now been finalised and the event is taking place from 21 June 2013 to 23 June 2013 at the Shengjuefeisi Hotel in Changsha with product innovation and industrial change as the key themes. 2013 “is the 20th anniversary of China Construction Machinery Society,” say the organisers, and “the forum will focus on green, environmental protection and sustainable development.”
UK construction and infrastructure business Galliford Try is reviewing its construction business with a view to downsizing.
“The review will reduce the size of the construction business, focusing on its key strengths in markets and sectors with sustainable prospects for profitability and growth, where we have a track record of success,” the company said in a written statement.
“The board anticipates that this review will result in reduced profitability in the current year reflecting a reassessment of
