Increasing costs of highways project delays

Costs are climbing for Catalonia’s Eix de la Conreria highway project in Spain. The B-500 project is now expected to cost €400 million, a jump of €30 million from the previous estimate made just six months ago. The new link will connect Barcelona with Baix Maresme and Valles and the start of work on the project is also now expected to be delayed until 2012. The project requires the construction of four lanes with two running in either direction and is at present in the design and environmental assessment s
May 15, 2012 Read time: 1 min
Costs are climbing for Catalonia’s Eix de la Conreria highway project in Spain.

The B-500 project is now expected to cost €400 million, a jump of €30 million from the previous estimate made just six months ago. The new link will connect Barcelona with Baix Maresme and Valles and the start of work on the project is also now expected to be delayed until 2012. The project requires the construction of four lanes with two running in either direction and is at present in the design and environmental assessment stages.

The new link will be run and managed by concession company 1550 Tabasa, which currently operates the Vallvidriera tunnels.

Tabasa will finance much of the work through its own sources although the link will be tolled which will help provide cash flow once it is constructed.

Related Content

  • Colombia highway concession package awarded
    November 8, 2019
    A major highway concession package has been awarded to a consortium in Colombia. Concesionaria Vial Andina (Coviandina) has won the tender to manage the 85.6km road connecting capital Bogota with Villavicencio. The package was awarded by the national infrastructure agency (ANI). Under the terms of the deal, the firm will maintain two sections of the existing road and build a new dual carriageway stretch with two lanes in either direction for the third section. The third stretch poses particular challenges t
    Read More
  • VIDEO: Nexus picks up Toowoomba bypass project in Queensland, Australia
    August 21, 2015
    Nexus Infrastructure group has signed a contract with the Australian government to deliver the Toowoomba Second Range Crossing project in Queensland state, costing nearly US$1.2 billion.

    Nexus will design construct, finance, operate and maintain the 41km route that will bypass the city of Toowoomba, east to west.

    Toowomba and district, with a population of around 158,000, is inland 125km west of Queensland's capital city Brisbane, on Australia’s northeast coast.
    Read More
  • Zaxis-5s biggest-ever project
    January 27, 2014
    Norwegian contractor Carl C Fon has secured its largest-ever road construction contract to complete a 4.6km section of the E18 in the Mysen region of its home country. It started the €25million project in August 2012 and it is scheduled for completion in the summer of 2014.
    Read More
  • Morocco tender
    May 3, 2012
    The Moroccan Government is increasing its investment in roads and highways by 21% from last year. The country intends to spend US$6.32 billion on improving the road network. A further $14.5 billion is expected from private sources and other funding bodies. Work on the El Jadida-Safi highway project will commence in 2012 and is expected to cost $497million. Work on the Tit Mellil-Berrechid highway section will cost $152.55 million. The authorities in Morocco are now assessing 13 bids submitted in the tender
    Read More

Highlighted Content