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 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
Indonesia will benefit from new bridges, underpasses and flyovers being built during 2018. The country’s Ministry of Public Works and People's Housing has plans to build 174 bridges as well as 18 underpasses and flyovers. The various projects have an average price of nearly US$12 million. Some of the more important bridge projects include the Holtekamp Bridge in Papua, Riau’s Siak 2 Bridge and Maluku’s Wear Arafura Bridge. Meanwhile in Bali, the new Ngurah Rai Underpass will be built while in Aceh, a 900m f
Engine manufacturer DEUTZ claims record results for its latest financial year. The firm says that the 2011 financial year was one of the best in its history even though the global economy deteriorated, particularly in the second half of the year. The firm beat the forecast that it had made at the start of 2011 and revised upwards during the course of the year. Revenue rose by 28.6% to €1.53 billion, compared with €1.12 billion in the previous year. This set a new revenue record for the current corporate str
