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.
Ferrovial has lost control of the 407 International highway in Canada, one of the Spanish group's star assets.
The Supreme Court in the province of Ontario has ruled in favour of co-shareholder pension fund Canada Pension Plan Investment Board to buy another stake - 10.01% - in the highway. The shares are up for sale by another shareholder, Montreal-based global infrastructure engineering firm SNC-Lavalin.
The court denied Ferrovial, which already has the largest shareholding at 43% in the highway, th
An ambitious road improvement scheme has been proposed by the Mozambique Government. The programme of works calls for the paving of 2,100km of roads by 2019. The scheme will address both national and regional roads across the country between 2015 and 2019, covering around 420km/year of roads on average. Also included within the programme will be repairs to 57 bridges. Meanwhile a further 2,800km of roads will be repaired, an average on 560km/year, by 2019. The, Japan International Cooperation Agency (JICA)
The proposed US$943million (€750mn) Strasbourg motorway beltway has been scrapped due to concerns over its need, cost and potential environmental impact. The project, which had been fiercely criticised by Strasbourg’s socialist and green party elected officials, has been added to the list of four other projects that are on hold or buried for the same reasons: the Lyon motorway beltway (estimated at €1.5bn to €2bn ten years ago); the Bordeaux toll road (€1.7bn); the Genoble beltway (€687mn); and the Marseill
