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.
The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
The Malaysian Government is giving its approval for a new expressway project. The road link will be built by West Coast Expressway (WCE) and is expected to cost in the order of US$2.32 billion.
Algeria’s national motorway agency (ANA) has revealed that the cost of the East-West motorway amounted to US$13 billion rather than the $12 billion originally planned. The cost of maintenance is between $23.65 million and $35.5 million/year. Before the end of 2015, road information signs providing real time information are expected to be set up. In all, 48 tollbooths and 22 maintenance and operation centres are already in place. The cost of the tolls have yet to be set. Meanwhile, the construction of a 120k
