Investment in Taiwan’s Sinbin highway connection

Taiwan is to benefit from major investment worth close to US$744 million in a highway construction project. The National Expressway Engineering Bureau of Taiwan is planning a freeway that will provide a new link between Sinbin Expressway and Sun Yat-Sen Freeway, which is also known as Freeway No 1. A report on the project will be submitted to the Ministry of Transportation and Communications of Taiwan by the bureau on the project assessment by June 2013. The planned freeway named as Branch Line of Freeway N
March 6, 2013 Read time: 1 min
Taiwan is to benefit from major investment worth close to US$744 million in a highway construction project. The National Expressway Engineering Bureau of Taiwan is planning a freeway that will provide a new link between Sinbin Expressway and Sun Yat-Sen Freeway, which is also known as Freeway No 1. A report on the project will be submitted to the 2530 Ministry of Transportation and Communications of Taiwan by the bureau on the project assessment by June 2013. The planned freeway named as Branch Line of Freeway No 1 will have a length of 11km. The new freeway will help improve cargo transportation to and from Taiwan Taoyuan International Airport.

For more information on companies in this article

Related Content

  • New Mexico City Airport generates nearly $8 billion of investment
    July 31, 2015
    The Mexican Secretariat of Communications and Transport has announced that US$7.8 billion, from both public and private sectors, is being invested in road projects as a consequence of the new Mexico City International Airport. Contracts include 11 renovation projects to improve the access to Mexico Valley and the connections to the new terminal. Work at Mexico-Pachuca, Mexico-Queretaro and Ecatepec-Piramides motorways was completed in June. The bridge connecting Urbana Sur with Mexico-Cuernavaca motorway
    Read More
  • IJM backs out of deal to buy Malaysian road operator SILK
    November 25, 2014
    IJM, one of Malaysia’s largest construction conglomerates, has bailed out of a deal to buy the highways concession business SILK. SILK Holdings, owner of the subsidiary SILK, Sistem Lingkaran-Lebuhraya Kajang, and IJM agreed to end the US$118 million takeover deal that was announced in June, the Sun newspaper reported. SILK holds the concession for the 37km Kajang Traffic Dispersal Ring Road, also called the Silk Highway, until 2037. The road opened in 2004. IJM noted in June, in its filing of intention
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More

Highlighted Content