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.
Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion.
The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
The government of Oman has approved 13 road projects costing US$1.39 billion (OMR 535.5 million).
Fidrichi Sterling and Larsen and Toubro (L&T) received deals worth $344.51 million (OMR 132.6 million) and $352.05 million (OMR 135.61 million) respectively to build the fifth and fourth package of Al Batinah Expressway. Consolidated Contractors Company (CCC) won a $321.91 million (OMR 124 million) contract to build the 45km sixth package of the same key Expressway.
A further €821.07 million (CHF 1 billion) is to be spent on reducing traffic problems on Swiss roads, including the A4. The FORTA fund should be used to finance the expansion of the motorways between Meyrin and Vernier-Le Vengeron, Luterbach and Harkingen and Andelfingen and Winterthour. A further €32.83 million should be spent on work around Crissier, which already benefited from €98.51 million of the €1.14 billion allotted in the first phase of traffic jam reduction. The second €816.85 million phase is to
