Teixeira Duarte to build Venezuela motorway project

Portuguese construction company Teixeira Duarte has signed a memorandum of understanding with the Venezuela Government formalising the commitment to build the new US$4.4 billion motorway linking Caracas - La Guaria. Of the overall 19km-long motorway link, 9km will be through road tunnels, while another 4km will be built in viaducts with three lanes in each direction. The works should be completed in 54 months. Teixeira Duarte also submitted a technical and economic proposal for the development of another fo
June 21, 2013 Read time: 1 min

Portuguese construction company 7388 Teixeira Duarte has signed a memorandum of understanding with the Venezuela Government formalising the commitment to build the new US$4.4 billion motorway linking Caracas - La Guaria.

Of the overall 19km-long motorway link, 9km will be through road tunnels, while another 4km will be built in viaducts with three lanes in each direction. The works should be completed in 54 months. Teixeira Duarte also submitted a technical and economic proposal for the development of another four projects which involve the construction of quays and renovation of existing ports.

For more information on companies in this article

Related Content

  • Bangladesh, China seal $705 million deal for Karnaphuli River tunnel
    July 2, 2015
    Bangladesh has formally signed a US$705 million deal with China Communication Construction to build a multi-lane road tunnel underneath the Karnaphuli River in Chittagong. Road Transport and Bridges secretary Man Siddique along with the government’s Road Transport and Bridges minister Obaidul Quader signed the contract with Liu Qitao, chairman of China Communication Construction. The signing took place in Beijing, according to a report in the Bangladesh newspaper The Independent.
    Read More
  • Malaysia hopes Pan Borneo Highway will boost Borneo’s economy
    July 2, 2015
    Malaysian prime minister Datuk Seri Najib Tun Razak said the toll-free Pan Borneo highway should trigger economic growth in Sarawak state which has been held back by the lack of a good road network. Razak was speaking at the signing of a memorandum of understanding between federal government officials, officials from the state of Sarawak and infrastructure company Lebuhraya Borneo Utara Sdn. The event took place in the federal administrative capital Putrajaya, around 25km from the capital city Kuala L
    Read More
  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More
  • Italy's strategic tunnel link
    August 21, 2012
    The world's largest tunnelling machine is completing Italy's important road connection between Bologna and Florence - Adrian Greeman reports For just under a decade a huge programme of highway construction has been underway in the mountainous region between Bologna and Florence, realigning a section of the A1 highway nearly 70km long. The new section, through major tunnels and across high viaducts, will greatly increase capacity on Italy's most important highway.
    Read More

Highlighted Content