Malacca state in Malaysia to spend US$196.75mn on road building
The Malacca state government in Malaysia will spend US$196.75 million (MYR 612.30mn) to build and improve roads in the state. The budget will develop 73 road projects that will connect more places within the state.
March 15, 2013
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The Malacca state government in Malaysia will spend US$196.75 million (MYR 612.30mn) to build and improve roads in the state. The budget will develop 73 road projects that will connect more places within the state.
The European Bank for Reconstruction and Development (EBRD) has extended a US$196.5 million loan to Kazakhstan to fund the reconstruction of 62km of road from Shymkent to the Uzbekistan border. The project is part of the construction of the Western Europe - Western China transport corridor.
Malaysia’s construction boom has reached its peak, according to a new Business Monitor (BM) report on the country’s infrastructure investment.
The leading global independent business research data provider’s report states that Malaysia’s construction activity in Q2 2013 represented the lowest pace of expansion since Q4 2011. BM expects this slowdown to intensify, primarily due to falling demand for residential and non-residential buildings, as well as concerns about Malaysia's fiscal position. These concer
Malaysia-based highway operator Projek Lintasan Kota (Prolintas) plans to launch two highway projects in 12 months' time following a US$2.51 billion (MYR 8bn) investment. The highways in the Klang Valley are the Sungai Besi-Ulu Klang Elevated Expressway (Suke) and the Damansara-Shah Alam Elevated Expressway (Dash).
