The authorities in the Russian city of St Petersburg plan to invest heavily in transport infrastructure. A budget of US$59.24 billion in all has been projected for the necessary work. Final approval has to be given for the budget at this stage.
June 13, 2012
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The authorities in the Russian city of St Petersburg plan to invest heavily in transport infrastructure. A budget of US$59.24 billion in all has been projected for the necessary work. Final approval has to be given for the budget at this stage.
The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
The firm tasked with drawing up a ‘design concept’ for a ring road for the far eastern port city of Vladivostok say their pre-project report research will be completed in December 2013.
Giprostroymost St. Petersburg is working within a plan for a 22km long ring road expected to cost around €802.65 million (RUB35 billion). The project cost is likely to increase considerably if overwater construction is deemed necessary. Vladivostok city authorities expect support from the federal budget. If the national g
A series of highway projects are either underway or being planned in Russian capital Moscow. Russian road authority Avtodor is inviting bids for construction and maintenance of the Central Ring Road's fifth start-up facility in the Moscow region. The road section will be 76km long and the concession package will be for 24 years. The maximum price of the contract has been set at US$1.14 billion. Is also opening bids for construction of the M11 Moscow-St Petersburg motorway's 208-258 km section. The project w
IRF chairman and mayor of Riyadh, Eng Abdullah A Almogbel, discusses the city’s massive infrastructure investment and the pressing need for this development work
Saudi Arabian capital Riyadh is fast growing with a pressing need for additional transport infrastructure resulting in a massive investment programme. The oil industry has fuelled Riyadh’s rapid expansion from being a medium sized town just 100 years ago, to its status as a major city today. With the explosion in vehicle use during the 20th ce
