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.
A road and underwater tunnel project linking Dachanwan Tollgate with Yueliangwan Boulevard in Shenzhen city, China will be completed in 2015.
Shenzhen's first underwater tunnel will cost around US$403.04 million (CNY 2.49 billion) to build (EUR 289.41mn USD 403.04mn). It will span 1.3km in Qinghai Bay.
As part of the project, renovations will be conducted on a section of Yueliangwan Boulevard. The renovation works on the 4.4km highway section are scheduled for completion in July 2014.
A colossal road construction plan has been revealed by China’s Yunnan Province. The authorities have revealed that the new infrastructure programme calls for the addition of a further 1,500km of highways. To achieve this, a budget of some US$24.17 billion has been set for the 2014-2015 period. With this road development programme in place the authorities have estimated that by the end of 2015 the province will have a highway network comprising some 4,500km in total.
With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
The VDMA is the German equipment manufacturing association and says it is optimistic with regard to machine demand. The VDMA’s latest forecast for the construction equipment business segment in 2015 suggests market growth of 4%. According to the VDMA, the bauma 2016 construction equipment event in Munich in spring 2016 will also provide strong impetus for machine sales.
German construction equipment manufacturers are more optimistic at the middle of the year than they were at the beginning – "even though u
