US $1.2bn Zhoukou-Zhengzhou, China highway construction begins
Work has begun on constructing a US $ 1.2 billion 144km highway between Zhengzhou and Zhoukou in China. The highway has a designed speed of 120km/hour and a width of 28m.
September 11, 2012
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Work has begun on constructing a US $ 1.2 billion 144km highway between Zhengzhou and Zhoukou in China. The highway has a designed speed of 120km/hour and a width of 28m.
In Brazil’s Sao Paulo State the authorities are looking to develop infrastructure projects by offering a series of road concession deals.
In all some 1,000km of road concessions are being made available. This includes a number of road sections managed by the state’s road department (DER-SP). The roads being offered as concession include a 120km stretch of the SP-294 route, a 95km section of the SP-304 route and a 6km stretch of the SP-308 route.
Huge highway investment plans have been established by the authorities in China’s Henan Province. The planned spending on highway construction in Henan during 2012 is some US$4.41 billion in all, which will see the highway network reaching a total of 6,000km. The authorities in the province have set a total transportation budget of some $7.27 billion for 2012.
Sacyr said that the project is the company’s first transportation infrastructure private-public partnership contract in the US and calls for a total of $2.27 billion in construction investment.
