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.
Despite the 2012 passage of the US federal surface transportation law, known as MAP-21, the real value of highway and bridge contract awards over the last 12 months was down 3% compared the previous 12 month period. This is according to the latest analysis of McGraw-Hill Dodge data by the American Road & Transportation Builders Association (ARTBA). Taking into account changes in wages, materials and inflation, state and local governments awarded US$54.3 billion in real highway and bridge contract awards bet
The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work.
The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers.
Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
