Montreal's transport plans

Canadian city Montreal will invest US$$538 million (C$550 million) for infrastructure development at the eastern end of the city. Some of the funding will be used to decontaminate polluted industrial segments in the area, while the city will also provide annual funding for the Plan d'action de l'Est between 2011 and 2017. A key portion of the development project will be for the construction of the Pie IX rapid-transit corridor, which is scheduled to be completed by 2017. However, in order to finance the ove
April 25, 2012 Read time: 1 min
Canadian city Montreal will invest US$$538 million (C$550 million) for infrastructure development at the eastern end of the city. Some of the funding will be used to decontaminate polluted industrial segments in the area, while the city will also provide annual funding for the Plan d'action de l'Est between 2011 and 2017. A key portion of the development project will be for the construction of the Pie IX rapid-transit corridor, which is scheduled to be completed by 2017. However, in order to finance the overall project, the city will need further funding from public and private sources.

Related Content

  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More
  • Israel’s National Roads Company (INRC) set out programme of road tenders for 2012
    April 4, 2012
    The Israel National Roads Company (INRC) has developed an action plan with record levels of spending for 2012. The INRC is publishing tenders for projects this year worth a total of US$942.65 million. The INRC will publish some 36 tenders in 2012, roughly three/month. Among the list of key projects are scheduled work on Road No.1, including the Harel tunnel and Motza Bridge, as well as Roads 531, Road 4 (Morasha), Road 9, Road 31 and Road 38. Forming part of the Netivei Israel plan, a tender for the constru
    Read More
  • US$613 million new New Zealand road funding budget
    June 12, 2024
    New Zealand is setting a new road funding budget worth US$613 million.
    Read More
  • Caterpillar’s 2016 results reflect tough market conditions
    January 31, 2017
    Caterpillar’s financial results for 2016 reflect the tough trading conditions that US construction machine firms in particular have been experiencing. In another development, the firm is looking to move its global corporate headquarters from Peoria to Chicago.
    Read More

Highlighted Content