Uzbekistan 2013 road construction and repair works to cost around US$464.5mn
Around US$464.5 million is due to be spent building or upgrading more than 520km of roads in Uzbekistan during 2013, according to national road construction company Uzavtoyul. The extra-budgetary regional road fund will pay for the works.
January 3, 2013
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Around US$464.5 million is due to be spent building or upgrading more than 520km of roads in Uzbekistan during 2013, according to national road construction company Uzavtoyul. The extra-budgetary regional road fund will pay for the works.
Investment in new and existing roads, railways and waterways in the Czech Republic is set to rise in 2013, compared to the sum spent in 2012. The Czech National Transport Infrastructure Fund (SFDI) has a budget of €2.502 billion (CZK64.5 billion) in 2013, compared to almost €2.02 billion (CZK 52bn) invested in 2012. The amount invested last year represented a decline of €349.24 million (CZK 9bn) when compared with 2011. Originally, SFDI planned to invest €2.561 billion (CZK 66 billion) into infrastructure i
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The road business has benefited from fairly constant levels of trading in recent years and even during the downturn, construction operations only fell by a comparatively small quantity during the downturn. Darren Fitch, director for road machinery for the EMEA region within Volvo CE said, “The road construction sector has been far less cyclical than other construction markets.” The global market for road machinery is healthy at present and he said, “We’re having a good year.”
Works are now underway on an upgrade to a 222km stretch of road connecting Samar to Eastern Samar in the Philippines. The US Government is funding the work through its Millennium Challenge programme, which is worth some US$434 million. The road improvement forms part of the Secondary National Roads Development Project and will help boost access for the community. A consortium comprising CM Panco Construction and DM Consunji is now working on the CP 1 contract, which includes a 16km section of road and the T
