Chinese contractor Sinohydro is to start a road construction project in Moldova worth €48 million. It is likely to be the first of several Chinese companies to carry out work in
the country.
May 15, 2012
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Chinese contractor 5544 Sinohydro is to start a road construction project in Moldova worth €48 million. It is likely to be the first of several Chinese companies to carry out work in the country.
Two major road projects are proceeding in Romania. Work on the Pitesti-Sibiu Highway is due for completion in 2023. This follows on from a €1.6 billion investment provided through the Large Infrastructure Operational Programme (LIOP). Romania’s Ministry of Transport has said that work on the project should commence on 1st January 2017.
A funding arrangement has been agreed between Ghana and China to pay for road construction works. The package is for a US$646.6 million deferred payment deal. It has been set up with Sinohydro to cover an engineering, procurement and construction (EPC) contract. This will be for upgrade and improvement work for roads and interchanges. The package is the first in a series worth up to $2 billion that will pay for various major infrastructure projects in Ghana. One of the projects will include building a road
Construction work for Singapore’s North-South Corridor (NSC) project will commence in 2018. South Korean contractor Samsung C&T will carry out the first stage of work for the project in a deal worth just over US$601 million. The package of works was awarded to the firm by Singapore’s Land Transport Authority (LTA).
Work is underway for two key tunnel sections on Serbia’s section of the Corridor 10 project, which forms the country’s stretch of the E-75 highway route. The 1.8km Manajle Tunnel is the longest of several to be built for the Corridor 10 project and features twin tubes that run between 30 and 35m apart. The Predajane Tunnel is 1.1km long, again with twin tubes and in its case, these run from 35-65m apart. A Bulgarian contractor, Consortium Alliance X, is building the Manajle Tunnel, with the work valued at a
