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

  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More
  • Progress delayed on Kenya's vital highway link
    February 16, 2012
    Kenya is investing in road developments , reports Shem Oirere. A multi-million dollar highway expansion project in Kenya's capital Nairobi may now be delayed for close to a year because of a huge underground network of water, electricity and communication pipes and cables that has slowed down construction works.
    Read More
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Bay of Plenty turns costly
    July 25, 2022
    New Zealand’s Bay of Plenty highway projects have nearly doubled in cost.
    Read More

Highlighted Content