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.
In the UK, Kier Group has completed its purchase of Mouchel, the infrastructure repair and maintenance provider. The deal worth just more than €364 million (US$405 million) strengthens Kier's position in the British highways maintenance and management sector. A €467 million rights issue was used to finance the deal.
The Ministry of Land Transport in Venezuela has announced expansion plans for the Valle-Coche motorway in Caracas that will include the largest viaduct in Venezuela.
The project, worth nearly US$200million, will involve work on 7km of road, an elevated section over the BusCaracas Los Ilustres bus station, bridges alongside the El Pulpo interchange, as well as another bridge over El Valle River.
Bridges over the interchange will have four lanes in each direction and a fourth lane will be added to the r
