Construction of the first public-private (PPP) funded highway in Denmark will see a new road in the south of the country near the German border. The Kliplev Motorway Group (KMG) is one half of Denmark's first ever PPP with the government, after winning the tender to build the highway. KMG is financing the whole project and the deal includes construction and ongoing maintenance when it is complete. KMG is the concessionary company for the project and is 100% owned by the Austrian company STRABAG, Europe's la
Azerbaijan’s minister of transport, Ziya Mamedov, said construction and renovation of all trunk roads of international importance will be completed by 2017.
Around US$2.86 billion (€2.25 billion) will be needed for development of Azerbaijan's transport sector in 2015 as a part of a state investment programme, he said.
World Highways reported earlier this month that the Asian Development Bank (ADB) is supplying $350 million for road construction in the country for work between 2015 and 2017.
Meanwhi
Work is now underway in Vietnam on a new tunnel and two new highway projects. The US$81 million tunnel project is being carried out under the build-operate-transfer model and lies close to the existing Hai Van tunnel, with completion due in 18 months. Construction work for the upgrade of National Highway 1A is costing some $105 million and should be complete within 24 months. The largest of the three projects however is the 140km Dan Nang-Quang Ngai Expressway, which is costing close to $1.34 billion to con
The summit of APEC (Asia-Pacific Economic Cooperation) taking place on Russky Island, close to Vladivostok, Russia, in 2012 has prompted a myriad of construction projects in the area. The massive construction site includes hotels and a conference centre, airport reconstruction, highway construction and reconstruction, an opera and ballet theatre, sea facade including port structures and infrastructure, and the Eastern Bosphorus Strait Bridge (see World report, World Highways November/December 2009), which w
