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.
Construction of Montenegro’s Bar-Boljare motorway now looks likely to cost substantially more than originally planned. The project was originally budgeted at €80 million however Montenegro’s Ministry of Transport has now revealed that the work will have a pricetag some €15 million greater, totalling €95 million. This increase is considerably more than had been allowed for. The work is to be carried out by Chinese contractor CRBC although the deal has yet to be signed officially. The Smokovac-Matesevo stretc
Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
