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 30km long third phase of the Madinah-Tabuk highway, the old Madinah-Qassim Road and the third 25km ring of King Khaled Road are among major highways projects to be carried out in Saudi Arabia's Madinah province. A total of US$306.66 million (SAR 1.15bn) has been approved by the Saudi government for the province's transport and road projects during the financial year 2013. Earlier this year, Saudi Arabia's Transport Minister Jabara Al-Seraisry said that SAR 11bn would be invested in new road projects in
JCB has won one of the biggest single tenders in its history with an order for more than 1,000 machines worth over £60million (US$96.6million) for the Brazilian government.
The company said that it beat off competition from other major global manufacturers to secure the deal for the fleet of backhoe loaders, which will be used to improve the road infrastructure in the country.
The first 114 of the 1,016 backhoes have now been delivered and the keys to one of the first machines handed over by Brazilian Pre
The European Bank for Reconstruction and Development (EBRD) intends to provide a US$277 million (€200 million) loan to the Northern Capital Highway consortium, which will build the central 11.5km section of St Petersburg’s Western High Speed Diameter (WHSD) route. The EBRD’s board of directors has said will consider the loan on 14th February 2012. The finance package is of note as Russian road projects have largely found funds from other sources so far. The Northern Capital Highway consortium estimates the
