Plans have been revealed for a new ring road project in Turkmenistan.
February 27, 2012
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Plans have been revealed for a new ring road project in Turkmenistan. The project looks likely to cost over US$223 million. The deal to build the road has been awarded to contractor Vozrozhdenie.
The Polish government has approved construction of the second phase of the ring road around Nowe Miasto Lubawskie. A deal is expected to be signed at the beginning of next year to complete the 18km road.
In Papua New Guinea (PNG) work is now commencing on two key road projects wortha total of US$263 million. Chinese contractors have been awarded the deals to build a four-lane road between Nadzab and Lae and a a 20km road between Kagual Bridge and Kisenopoi Junction. China Railway International (CRI) and China Machinery Engineering Corp (CMEC) will carry out the two projects respectively. Both projects are sections of the Highland Highway with work scheduled to commence in late-2013 to early-2014.
A new loan has been approved that will help finance works on the northern stretch of the Sao Paulo ring road in Brazil. The US$1.15 billion loan is being provided by the Inter-American Development Bank (IADB). Approval for the IADB loan has come from Brazil’s Committee for Economic Affairs (CAE) at Brazil's Senate. The loan will finance construction of the Rodoanel Norte stretch of the ring road. This measures some 44km long and will connect with the west and east sections of the ring road as well as linkin
