Sibmost and the Automobile Roads Department of the Krasnoyarsk Region have signed a US$371.07million (RR12billion) contract to construct the first phase of the fourth highway bridge in Krasnoyarsk, Siberia.
June 8, 2012
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5872 Sibmost and the Automobile Roads Department of the Krasnoyarsk Region have signed a US$371.07million (RR12billion) contract to construct the first phase of the fourth highway bridge in Krasnoyarsk, Siberia.
A major programme of PPP road construction concession contracts is due for Colombia. This has been given the go ahead by Colombia's National Council for Economic and Social Policy (Conpes). The programme is for a second round of 4G highway concessions through PPPs, worth up to US$16.5 billion in all, with 10 highway projects to be built. These are: the Autopista Mar 1; Autopista Mar 2; Neiva-Girardot; Villavicencio-Yopal; Rumichaca-Pasto; Puerta de Hierro-Palmar de Varela-Cruz del Viso; Santana-Mocoa-Neiva/
The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
The provincial British Columbia government in western Canada has chosen a Design-Build-Finance-Operate-Maintain (DBFOM) procurement model for the Vancouver region’s 10-lane bridge replacement for the ageing Massey Tunnel.
The US$2.5 billion project includes a bridge and related Highway 99 improvements between Bridgeport Road in the adjacent city of Richmond and Highway 91 in the city of Delta. The 60-year-old tunnel now carries its limit of 80,000 vehicles a day and is often congested during rush hours.
Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget.
Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
