The German province of Baden- Württemberg has issued a list of 20 ready to be built federal trunk road projects worth a combined US$1.01billion (€800mn).The first five could be started in 2014 and the next five in 2015 or 2016.
August 24, 2012
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The German province of Baden- Württemberg has issued a list of 20 ready to be built federal trunk road projects worth a combined US$1.01billion (€800mn).The first five could be started in 2014 and the next five in 2015 or 2016.
Brazil's federal government will look to carry out restoration and expansion work at five international airports through concessions and public-private partnerships (PPPs), according to presidential chief of staff Antonio Palocci.
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
Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget.
Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
The Vietnamese Government is prioritising construction of the country’s North-South expressway project. Contractors are already being selected for the 11 sub-projects for the expressway, which is expected to come with a final pricetag of US$5.09 billion. The 2,100km route is being built in three separate phases and links 32 of Vietnams cities and provinces. The first 650km section will be complete by 2020. The other sections should be ready for traffic by 2025.
