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.
Mexico’s transport and communications ministry (SCT) looks set to open tenders for 258 highway projects in 2014. Tenders for 13 projects covering work to repair, upgrade and widen over 2,000km of roads have already been revealed. Tenders being opened will also include building bridges and bypasses around congested urban areas. Key tenders include 48 in Chiapas, 35 projects in Oaxaca, 24 in San Luis Potosi and 11 in Guerrero and Veracruz. The road projects will account for some 20% of the overall infrastruct
In the US, the Obama administration is beginning work on a 30-year transportation plan to meet US infrastructure needs. Transportation Secretary Anthony Foxx, commented in an interview with the Washington Post. “Transportation is a system of systems,” Foxx said, rather than the aggregate of separate systems that can be addressed individually. “The idea that we’re looking at the system comprehensively is the thrust of this report.” He said the report, which will be followed by a formal comment period, is int
The authorities in Vietnam are planning several key infrastructure projects, including the new Cho Chien Bridge and improvements to Provincial Road No15 amongst others. The new Cho Chien Bridge will connect Ben Tre and Vinh Long provinces and this is expected to cost in the region of US$182 million. The project will now be carried out under the PPP model instead of a BOT scheme, which had been envisaged earlier in the planning stage. This change is due to the fact that TLIC will now carry out the project in
