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
Read time: 1 min
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 US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.
There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
Construction work is underway for the Illinois Tollway project. The Elgin O'Hare Western Access (EOWA) project has been given its final approval by the authorities in Illinois, following earlier approval at the Federal level. The Illinois Tollway is costing some US$3.4 billion to construct. The plan involves providing improved connections between I-90 and I-294, which lie to the west of O’Hare, which is one of the world’s busiest airports. The project also includes the construction of a new 18km section of
The Lazio region of central Italy is to benefit from the implementation of a strategic plan for the intermodal transport development of hub ports with the road and logistic network. Promoted by the port authority of Civitavecchia, Fiumicino and Gaeta, the execution of the plan will follow the signing of a logistic platform agreement by local and ministerial authorities. The investment budget amounts to €905 million (US$ 1.19 billion), of which €370 million is coming from private funds. The remaining part wi
