Skip to main content

Kuwait deal

A major road project in Kuwait now has the go-ahead and construction will commence shortly.
February 23, 2012 Read time: 1 min
A major road project in Kuwait now has the go-ahead and construction will commence shortly. A consortium comprising local firm 3103 Boodai Construction, the Italian companies 975 Rizzani De Eccher and the 978 Trevi Group and Spanish firm 980 OHL won the deal with a bid of US$840 million.

For more information on companies in this article

Related Content

  • Vinci buys Peruvian toll concession holder Lamsac from Invepar
    August 9, 2016
    Vinci Highways has acquired Peruvian toll road operator Lamsac from the Brazilian group Invepar for around US$1.67 billion. The deal is for 100% of Lamsac which is the concessionaire of the Línea Amarilla toll road in the centre of the Peruvian capital Lima. Vinci Highways, which is Vinci Concessions’ international highways subsidiary, also gets the Peruvian company PEX, Lamsac’s electronic toll collection operator. A statement from Vinci said that Lamsacholds a concession contract with the municipali
  • Major Canadian toll road extension project awarded
    May 25, 2012
    A joint venture formed by SNC Lavalin and Cintra Infrastructure will handle the contract to extend Highway 407 in Canada. This US$974.4 million (C$1 billion) deal was awarded by the authorities in Ontario to a joint-venture called the 407 East Development Group General Partnership and is a partnership between Spanish firm Cintra (a subsidiary of Ferrovial) and Canadian company SNC-Lavalin of Canada. The partnership will build, design and maintain Phase 1 of the new Highway 407 East. The construction work is
  • Slovakian projects underway
    April 4, 2022
    Slovakian road projects are underway.
  • Arteris of Brazil plans to spend up to US$2.26bn by 2017
    January 31, 2013
    Brazil motorway concessionaire Arteris, formerly OHL Brasil, could spend up to US$2.26 billion (BRL 4.5bn) by 2017, instead of an initially planned BRL 3.5 billion. The company is to turn Serra do Cafezal (Rodovia Regis Bittencourt) and BR-101 in Rio de Janeiro into dual carriageways, in addition to Autopista Fluminense and Autoposta Litoral Sul. Arteris says it has a BRL 1.8 billion loan from national development bank BNDES to help with its investments. However, the company says it plans to raise some BRL