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.
Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government.
According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion.
Total cost of all three phases over 10 years could be as
A US$1.5 billion Interstate project is being put forward for approval in the US State of Texas. The LBJ East project is being proposed the city of Dallas and will be an 18km stretch of Interstate 635 that will connect Central Expressway with Interstate 30. The project has been planned by the Texas Transportation Department and is intended to boost capacity in the areas around Lake Highland, Garland, Far East Dallas and Mesquite. The proposed route calls for two of the seven lanes on the widened Interstate s
Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
Construction work on a new road link connecting Mulalo with Loboguerrero in Colombia will commence in the third quarter of 2018. The 31km link is being handled by Colombia's National Infrastructure Agency (ANI) and is expected to cost US$560.5 million. The plans are being drawn up for the project while the necessary environmental permits are being sought from Colombia’s National Environmental Licensing Agency (ANLA). The new link will be located in Colombia’s Valle del Cauca department.
