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
Read time: 1 min
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.
The Government in Aruba in the Caribbean is giving its approval for its second PPP transport infrastructure project, the Watty Vos Boulevard. The start of the tender process for the project is planned for the first quarter of 2014. PwC is the transaction advisor for the Contracting Authority, while the Dutch Ministry of Infrastructure and local legal firm Sjiem Fat & Co are also part of the team. The project will cost some US$120 million and involves the construction of a new arterial road 2x2 around Oranje
In the US, the Senate Environment & Public Works Committee has made a key move by approving a six-year reauthorisation of the federal highway programme. This is a landmark political step and is likely to have been the subject of much cross-party negotiation. The move will be of major importance for the transportation construction industry, which has suffered badly from low levels of business in recent years. This six-year package will provide a major stimulus to business for contractors and equipment firms
Report by IRF Global & McKinsey identifies pathways to efficiency gain
A report released jointly by the International Road Federation and McKinsey & Company will help transport decision-makers and international financial institutions identify and leverage efficiency gains in road project design and delivery. This will potentially save billions of dollars each year.
The report, titled “A better road to the future,” illustrates the complexity of the challenge in designing and delivering road infrastructu
Shaanxi province in China saw a US$1.34 billion (CNY 8.20bn) investment in highway projects in the first six months of 2013, representing 58.6% of the total planned investment of $2.26 billion (CNY 14bn) for the whole of 2013. This year, Shaanxi province authorities aim to start seven highway projects stretching over 565km and continue the construction of nine highways with a total length of 559km.
