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.
The Peruvian investment promotion agency ProInversion says that it will not award contracts for all of the projects programmed for 2016. These are worth a total of US$1.29 billion and focus on transport and communications. Peru’s Association for the Promotion of National Infrastructure (AFIN) says that a reason for the delay to the works may be attributed to the impending end of term for Peru’s present administration. An incoming government may then opt to launch tenders for projects on the list for 2016 as
Over the next 17 years, China will invest US$766.15 billion (CNY 4.70tn) to expand the country's major road network by over two times. By 2030, the length of roads in China is expected to total 5.8 million kilometres, with trunk ways and highways making up 7% of the total. Provincial and countryside roads are expected to account for 9% and 84% respectively. According to a road expansion blueprint approved in May 2013 by the State Council, the length of toll-free trunk ways and toll highways should by 2030 i
Banks, builders, pension funds and Colombian government officers are discussing plans to finance around 40 new road concessions worth a combined US$23.86 billion (COP 47 trillion). According to market reports, the winners of these concessions will cover around 25% of their final cost. These funds will be paid in the first two years of each project and the winning firms will look to recoup their investment through road tolls. Banks will cover 30% of the cost via 12-18 year loans. The national development ban
