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.
Egypt is prioritising road construction in a bid to boost the country’s economic development. The country is shortly commencing the third phase of its national roadway project. This will cost US$524.3 million and involves improvements to existing routes and building new roads, with a total distance of 1,154km. The 400km link from capital Cairo to Assiut will be a priority. Work on this project commenced some years ago. A new 37km link will also be built alongside the Cairo-Suez highway. Other projects being
China Merchants Holdings (International) Company and China Merchants Hua Jian Highway Investment Company have Sri Lankan government approval to build and operate an expressway from the capital, Colombo, to the central part of the country. With the recently won approval, both companies would plan, design, finance, build and operate the first section of the US$4.5 billion Northern Expressway system.
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Financing from the World Bank will help pay for bridge building work in Nepal. The road from Muglin to Narayanghat is being widened currently, which will see the route featuring a lane in either direction, rather than the single lane that carries all traffic at present. This will boost its capacity and reduce delays to drivers on the route, which carries around 20,000 vehicles/day. Improving the 36km, north-south route however requires the construction of 18 new bridges. Much of the route is already surface
