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

  • Traffic control solution manufacturers win key project works
    September 26, 2013
    Traffic control system manufacturers have recently supplied some of their cutting-edge technology to major projects in Europe. Meanwhile, in southern Asia, another leading firm in the sector is helping reduce chronic traffic congestion in Indonesia’s capital, Jakarta. Guy Woodford reports Solutions supplied by Siemens Mobility & Logistics (M&L) are helping the Rijkswaterstaat improve traffic conditions at the Coentunnel in Amsterdam, one of the most heavily used traffic arteries in the Netherlands, used
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • Land costs push up the price tag of the Dhaka-Chittagong Expressway
    August 23, 2018
    Ballooning land acquisition costs are pushing up the cost of the proposed 217km Dhaka-Chittagong Expressway, according to media reports.
    Read More
  • Bangladesh: Cost of Padma Bridge project rises
    January 11, 2016
    The cost of building the Padma Bridge in Bangladesh will be nearly three times the US$2.61 billion estimated in 2011. Also on the rise is the cost of flood prevention work in the form of levee construction – called river training in Bangladesh. The addition of 1.3km of work at the Mawa end of the bridge means the total cost is now $1.2 billion, up from $1.1 billion. Apart from $200 from the $1 billion loan from India the project is not using any foreign financing, according to a report in the Daily S
    Read More

Highlighted Content