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.
The Canadian city of Montreal will invest a record US$408 million on infrastructure improvements this year, around half to spent on road upgrades and the other half on water projects.
One of the city’s executive committee members, Lionel Perez, said much is being done to mitigate problems for drivers and cyclists during prolonged construction periods, according to a report in the Montreal Gazette newspaper.
Perez said drivers on rue St-Denis, a main shopping street, can now use bluetooth technology to
The authorities in Russia's Kranosyarsk region plan to set up a regional road fund for 2012 worth some US$279 million. Some of the funds will be spent on a fourth bridge over the Esiney River. Rural roads will also benefit from the regional road fund, with additional backing from Russia's Federal Government.
Chinese construction equipment manufacturer LiuGong Machinery announced first quarter earnings of US$93.35 million (¥612 million; ?66.03 million) from a net profit of $905.58 million (¥5.94billion; ?640.59 million) total sales revenue.
