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
Read time: 1 min
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.
According to the European Investment Bank, the project in Romania includes construction and upgrading of 26km roads to motorway standard, plus completion of a Timisoara bypass.
Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes
China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia.
Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
The Transport Department of the State of Virginia in the US plans to cancel a contract worth an estimated US$1.12 billion for road construction awarded to Spanish firm Ferrovial.
The deal ends 15 June and the two parties are negotiating compensation terms for Ferrovial which won the contract in October 2012 for US-460. . Work was to begin in 2014 and finish in 2018 but no construction has taken place.
The road, awarded in consortium with American Infrastructure, was to be 88.5km and run between the c
