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.
Kiratpur Ner Chowk Expressway has given IL&FS Engineering Services (IL&FS) a letter of intent (LoI) for an engineering, procurement and construction (EPC) contract in India worth US$263.9 million (INR 14.36bn). Under the deal, IL&FS will undertake a scope of work including minor bridges, five tunnels, 18 major bridges, toll plazas, 67.3km of road work and related infrastructure. The expressway project includes the EPC contract as well as expanding the Kiratpur Ner Chowk section of the National Highway 21 in
South Africa’s Department of Transport has set a budget of US$773 million to tackle road maintenance and also address a backlog of repairs on provincial roads. This budget is being spent in the 2011-2012 financial year. However increased spending is expected for the 2012-2013, with a budget of $1.17 billion having been set for provincial road maintenance. The work is seen as crucial as South Africa has a long backlog of road repair works that are required. Some 10,980km of the paved provincial road network
The state government of New South Wales, Australia will ask the private sector to contribute to the funding of the 33km WestConnex road project. While initial sections of the road will be financed by the state government, its following phase will be financed by the private sector. For the project, a total of US$1.66 billion (AUD 1.8bn) will be allocated by the state government over a four-year period. Of the total, $102.22 million (AUD 111mn) will be spent in 2013-2014. The development was mentioned by Trea
