funding runs out for Spanish road project

The Spanish Ministry of Works requires further funds to complete work on the 261.5km A-11 Duero Highway. A further €1.13 billion is needed to pay for the work on the stretch between Los Rabanos (Soria) and San Martin del Predroso (Zamora) on the border with Portugal. There has already been €54.2 million invested in the project, which paid for construction of the 15.2km of the Aranda de Duero bypass but work is currently at a standstill. No new work has been carried out since July 2010 when the 6.2km Ronda N
May 18, 2012 Read time: 1 min
The Spanish Ministry of Works requires further funds to complete work on the 261.5km A-11 Duero Highway. A further €1.13 billion is needed to pay for the work on the stretch between Los Rabanos (Soria) and San Martin del Predroso (Zamora) on the border with Portugal. There has already been €54.2 million invested in the project, which paid for construction of the 15.2km of the Aranda de Duero bypass but work is currently at a standstill. No new work has been carried out since July 2010 when the 6.2km Ronda Norte de Zamora section of the infrastructure was opened to traffic, costing some €27 million.

Related Content

  • Costa Rica flyover project due for completion
    May 20, 2019
    The first section of a key road project in Costa Rica will be completed in late 2019. The work is for the 2.25km-long flyover on the Northern Ring Road (Circunvalacion Norte). This first section being opened will provide a connection between the Leon XIII and the Calle Blancos routes. The first four stages of the Circunvalacion Norte project are costing around US$163 million to construct, with the flyover stretch being the most costly and complex portion of the work. Funding from the Central American Bank
    Read More
  • OHL presents offer for Guadalajara-Colima, Mexico motorway
    September 7, 2012
    Spanish construction firm, OHL, has presented an offer to operate the 56km Guadalajara-Colima motorway in Mexico for 12 years. The motorway is being heavily restructured, with the expansion of its four lanes. The first phase of these works has already been completed and investment to date has totalled US $ 54.81million. A further $ 263.66 million is being invested by Banobras on current works. Offers to operate the Guadalajara-Colima motorway must be presented by mid-September 2012.
    Read More
  • UK road contracts planned
    December 13, 2021
    Major road contracts are planned for the UK.
    Read More
  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
    Read More

Highlighted Content