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.
Work on several new highways being built in Slovakia as public-private partnerships (PPPs) will be delayed by six to 12 months. This means that the first sections of the Martin-Presov link will not open before 2011. The last section is expected to be completed in either late 2012 or early 2013.
Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
A series of road development projects will be carried out in Siberia’s Irktusk Region. The programme of works will be carried out during the 2019-2024 period. Repairs will be carried out to 350km of roads while 200km of new roads will be constructed during the entire programme. In 2019 alone, the plan calls for 140km of roads to be rebuilt.
The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
