A major new toll link will boost Indonesia’s transport connections
Construction work on the 13.6km Gempol Pandaan toll road in East Java is commencing. The US$174.5 million project will take 18 months to complete and is expected to open for traffic in the third quarter of 2013.
April 10, 2012
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Construction work on the 13.6km Gempol Pandaan toll road in East Java is commencing. The US$174.5 million project will take 18 months to complete and is expected to open for traffic in the third quarter of 2013.
Not long after the recent completion of the successful EastLink project (a 39km motorway providing a vital connection for 1.5 million people in Melbourne, Australia) the Victorian Government has started work on another missing link in Melbourne's freeway network further south with the construction of Peninsula Link. Peninsula Link is a key project in the Victorian Government's AUD$38 billion (US$32 billion) Victorian Transport Plan. With a AUD$750 million (US$630 million) price tag, the project is expected
Plans are moving forward in Indonesia for the development of a major new tolled highway project. Jakarta Tollroad Development is at present working on purchasing the land required for a key section of the toll road. The new route will run from Sunter in North Jakarta to Semanan in West Jakarta. The plans call for the project to be completed before the Asian Games in 2018. The first phase of the project is for the 20.23km Semanan-Sunter section and the 9.44km long Sunter-Pulogebang stretch. The second phase
German engine firm Deutz is reporting strong financial performance for the first nine months of 2017. The latest results reveal a marked increase in new orders, revenue and EBIT and a significant improvement in free cash flow. The firm also believes it is well positioned for the future as its E-Deutz strategy has been accelerated by the recent acquisition of Torqeedo.
The firm says that new orders rose by 25.5% to reach €1,173.8 million, compared with €935.3 million for the same period in 2016.
