In India work is now kicking off on a new eight lane highway running from Nariman Point to Kandivali in Mumbai. The 35km highway will cost a projected US$1.58 billion to build.
March 16, 2012
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In India work is now kicking off on a new eight lane highway running from Nariman Point to Kandivali in Mumbai. The 35km highway will cost a projected US$1.58 billion to build. From commencement, constructing this coastal connection will take five years to complete.
Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans.
Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
Construction of the new highway in India connecting Mumbai with Nagpur will commence in early 2018. The highway will be one of the largest construction projects in India as it will measure 701km long, running through 10 districts. It will cost US$7.09 billion to construct, with $5.4 billion of the funding necessary being provided in the shape of a loan from South Korea. The work is expected to take 36 months to carry out with the Maharashtra State Road Development Corp (MSRDC) managing the project.
In China plans are underway for a new expressway connecting Luohu and Futian districts in Shenzhen. The US$1.58 billion project still has to be approved by the authorities in Shenzhen city. Of note is the plan to build the majority of the 20.3km expressway as an underground road. Once it is complete, the new link is expected to reduce congestion in both districts. Meanwhile a subsidiary of China Communications Construction Company Limited (CCCC) has secured the LM2 section contract for the 20.5km Fanshi-Day
