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 joint venture featuring John Holland, Samsung C&T and Leighton Contractors (Leighton) has secured a deal to build and design Sydney’s M4 East motorway. The M4 East forms part of a project to build the WestConnex road tunnel, completion of which is expected in 2023. The M4 East is planned to be ready in 2019, while the WestConnex road tunnel is the biggest transport infrastructure of its kind in Australia. The deal won by the joint venture partners is valued at US$2.1 billion. The WestConnex project is pla
Major highway and bridge projects are commencing in China. Work is starting on a highway project at Baise city in Guangxi Province as well as on the Malantun section of the Xintai-Tai'erzhuang highway in Shandong Province. The Baise city project is being carried out by the CEEG Gezhouba Group and the deal is worth some US$3.94 billion. The project is being carried out under the PPP model and is for a 35-year concession. The 199km highway will connect Guangxi Province with Yunan Province. Construction is
Indonesian state construction firm Waskita Karya said it will be developing the US$2.7 billion Bali toll road project.
But the Ministry of Public Works and Housing has yet to approve the 157km project which is in the pre-feasibility study stage.
Waskita Karya’s finance director Tunggul Rajagukguk also said the company might seek nearly $1.8 billion of financing this year for not just road projects but also power transmission work. Financing could be around half through bond issuance and the other half v
The latest American Road & Transportation Builders Association (ARTBA) analysis of US Census Bureau data reveals a 6% decline in the real value of highway pavement work. This contrasts with investment in airport, rail, transit, port and waterway construction in the US. Contractors completed US$8.4 billion in pavement construction work between January and April 2013, compared to $8.9 billion during the same time period in 2012 according to the report. Bridge and tunnel work between January and April 2013 was
