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.
Construction work for the second stage of the Chusovaya Bridge in Russia is commencing. The contract for the project is being handled by construction firm Stroytransgaz. The new bridge will span the Chusovaya River in Russia’s Perm Region. The contract is worth US$260.3 million and was awarded by a division of the VTB Group, the Perm Concession Company. Financing is being supplied jointly by regional and federal budgets as well as from additional sources.
The Philippines is setting major targets for road development in coming years. A planned budget of US$2.59 billion has been set for infrastructure in the city of Luzon for 2015. And the Department of Public Works and Highways plans to pave some 32,227km of the country's national roads by 2016, with only 83% so far having been paved. Some 64.3% of the department's budget will be for repair and construction of highways. Other spending will be allocated for the development of 410km Mindanao road network, which
A $1.6 billion reconstruction plan will reconfigure California's SR 67 North Bay commuter route, easing traffic congestion and tackling flooding concerns.
A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
