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 latest financial results for Wacker Neuson reveal strong demand for compact construction machines. The firm has reported revenue in excess of €1 billion for the first nine months of 2015. This marks an increase in business activity compared to the same period last year and a record high for the group. In light of the downturn in key markets in the third quarter, the company revised its forecast for 2015 downwards. However, it still expects to achieve record revenue business levels for 2015.
The Victoria state government in Australia is planning to build Melbourne’s East West Link road costing US$5.64 billion (AUD 6 billion) to $7.53 billion (AUD 8 billion) on public-private partnership (PPP) basis and will award construction deals by the end of 2013.
There are four consortia shortlisted for the18km tolled motorway project: Momentum Infrastructure, consisting of Leighton, John Holland, Iridium and Dragados; Sicuro, made up of Egis, Hyundai, Impregilo, Salini, Aquasia and InfraLinx Capital. T
