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.
Roads and other infrastructure in the Mexican state of Michoacan will benefit from an US$827.84 million (MXN 11 billion) investment, according to Mexico’s Secretariat of Communications and Transport (SCT).
The huge cash injection includes funds for seven motorway projects worth over MXN 4.7 billion. The Subsecretary for Infrastructure, Raul Murrieta Cummings, has revealed that the expansion of Arco Norte and the western Morelia bypass are also among the earmarked investment projects, as are the Zitacuaro-
Construction work is to restart on a new tunnel project in the South German town of Garmisch-Partenkirchen following the necessary approvals having been received. The town lies to the south of Munich and is a popular winter ski resort, while in summer it also experiences heavy tourist traffic as it lies on a key route between Germany and Austria, as well as Italy, lying to the south. The busy Autobahn 95 connects Munich’s southern side with Garmisch-Partenkirchen. But this route ends just to the northern si
According to a new report from Timetric’s Construction Intelligence Center (CIC), the global construction industry is gradually regaining strength. This comes after a prolonged period of sluggishness in the wake of the global financial crisis. In real terms, the global industry is expected to have reached US$8.5 trillion in 2015, up from US$7.5 trillion in 2010. Over the forecast period (2016-2020) the pace of expansion will accelerate to an annual average of 3.4%, with the industry reaching a value of US$1
