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.
A total of US$1.89billion (CNY 11.97bn) has been allocated to build 51.47km of highways across the city of Shijiazhuang in Hebei Province, China. The feasibility report for the plan was recently approved by provincial authorities.
Nepal’s Ministry for Physical Infrastructure and Transport has inaugurated a programme for bridge upgrades and maintenance across the country. This is being funded by the World Bank while the programme will also benefit from new bridge management software developed by the department of roads. This software will be able to locate the type of bridge, location, date of completion, span, crossing, load capacity, condition and load restriction. The World Bank has provided a grant assistance of US$147.6 million f
US demand for asphalt is forecast to increase 3.3% annually to 24.3 million tonness in 2019, the vast majority of which is refined petroleum asphalt, according to a new report.
Demand will be spurred by a rebound in building construction, especially for asphalt shingles. But in the much larger market of asphalt paving, gains will be supported by the efforts of state and local governments to maintain the nation’s aging road and highway network.
Paving accounted for three-quarters of asphalt use in 2014
The project to replace the San Francisco-Oakland Bay Bridge is taking too long and is going over budget, according to California state officials. The officials claim US$1.28 billion had been spent for the replacement of the damaged eastern span by 2004, with the cost continue going up. A projected $20 million repair was announced on 10 July 2013 after the failure of 32 steel rods in stress tests. The 3.54km structure has yet to be completed after nearly 10 years. Cost projection has increased to roughly $6.
