Kazan allocated US$263.14mn road repair budget for 2012
Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
May 15, 2012
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Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
Volvo CE reports that its operating margin has recovered in the second quarter of 2013, although the firm has been hit by weaker sales, especially in the mining industry. This situation reflects the continued slowdown in the size of the total market for construction equipment and the company’s sales were down 19% during the period. However the firm said that behind the headline figures there were underlying positives, not least a good order intake and improving trends in China, Europe and the Middle East, a
Myanmar’s Ministry of Construction in Myanmar has set a budget for road and bridge improvement works for the April 2018-September 2018 period. US$181.5 million will be spent improving transport infrastructure in this period. Five road upgrade projects and 41 bridge improvement works are being planned. So far improvements are being carried out to three road links and 17 bridges.
Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
Nicaragua’s capital Managua is to benefit from a project to widen and upgrade the Pista Juan Pablo II road. Funding is being provide from a number of sources. The European Investment Bank (EIB) is providing US$136 million while the Central American Bank for Economic Integration (CABEI) is providing $105.5 million. The council of Managua meanwhile will provide $33.4 million. The work will see upgrades to 9.55km of the route, which also includes building new flyover sections.
