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.
Nicaragua’s Ministry of Transportation and Infrastructure has awarded the first of a series of contracts to upgrade the NIC 3 highway. The construction work will be carried out by a consortium comprising contractors Constructora Meco, CEMEX and Llansa Ingenieros. This first phase will be for a 34.4km section of the route while the second stretch will be 15.6km long. In all the work is expected to take 18 months to complete and is likely to cost around US$40 million. Financing is being provided by the Fund o
Russia’s Ministry of Economic Development, Rusnano, the Federal Highway Agency, Governments of Moscow, the Tatarstan Republic (Volga), and the Ryazan region (Central) are planning to invest US$3.13 billion in a pilot project for innovative infrastructure projects. Called Innovative Roads, this joint federal pilot project is intended to increase road service life by three-five times, cut energy consumption for roads by 10-15 times, and lower the weight of bridges and barriers by three times. Inventory of roa
The World Bank is providing a US$133.54 million grant to Yemen. The funds will help pay for construction of the first phase of a 710km long highway. This new road will connect Sa’ada in the north of the country to the port city of Aden. The highway looks likely to be constructed in three phases. The first phase will be for a 140km stretch from Aden to Taiz. The project will cost some $2 billion. Another tranche of financial backing for the project will come from the Saudi Development Fund.
