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).
Construction is now underway on the expressway that will connect Cambodia’s capital, Phnom Penh, with the country’s premier port, Sihanoukville. The expressway will stretch some 190km when complete and the project is expected to cost US$2 billion. The work is being carried out by the Chinese contractor, China Road and Bridge Corporation (CRBC). The route is being built under the build-operate-transfer model and should take four years to complete.
Construction work is underway in Uganda for a new expressway project. The 24km Busega-Mpigi Expressway project is being handled by the Chinese contractor China Civil Engineering Construction Corporation (CCEC). The contract is being overseen by the Uganda National Roads Authority (UNRA). Financing for the project worth US$143 million has been provided in the shape of a loan from the African Development Bank (ADB). Around 9km of the route has already been built, with completion expected in 4 years-time.
A consortium consisting of Heilit+Woerner (a subsidiary of Austrian company Strabag) and Budimex, has signed the contract to build a section of the S5 expressway between Poznań and Wrocław, Poland, with a gross value of about €138 million.
