Cost rise for key NZ motorway build

The cost of the 18km Puhoi-Warkworth motorway project in New Zealand has been revised up to US$1.45billion from $1.35billion. The Transport Agency has also changed the project start date to 2014. It is thought around 50 landowners will be affected by the construction of the new motorway, which will shorten journey times between Auckland and Whangarei.
May 1, 2012 Read time: 1 min
RSSThe cost of the 18km Puhoi-Warkworth motorway project in New Zealand has been revised up to US$1.45billion from $1.35billion.

The 2574 NZ Transport Agency has also changed the project start date to 2014. It is thought around 50 landowners will be affected by the construction of the new motorway, which will shorten journey times between Auckland and Whangarei.

For more information on companies in this article

Related Content

  • Australia’s costly A$26 billion East Link Project
    February 5, 2025
    Australia’s East Link Project in Victoria will now cost as much as A$26 billion.
    Read More
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More
  • Australian state government does a deal with East West Connect
    April 15, 2015
    The state government of Victoria in Australia will pay the East West Connect consortium US$258 million to cancel construction of Melbourne’s East West Link road tunnel. The payoff is to cover the consortium's bidding, design and pre-construction costs and draw a line under the deal that has been mired in financial controversy for years. The federal government slammed Victoria’s decision to bail out of the project as “an obscenity’’ that will cost 7000 jobs, according to a report in The Australian news
    Read More
  • World Bank cancel US$1.2bn Padma Bridge loan
    July 6, 2012
    A loan worth US$1.20billion for the Padma Multipurpose Bridge project has been cancelled by the World Bank (WB). The decision was said to have been taken as the Bank was not satisfied with the actions taken by the Bangladeshi government in regards to corruption allegations involving the bridge contract. A major engineering and construction company is alleged to have made improper payments to Bangladeshi government officials in order to secure the bridge contract. The World Bank loan, signed In April last y
    Read More

Highlighted Content