Elevated highways stretching 34.5km in Vietnam's Ho Chi Minh City may be developed at US$2.68 billion. The Prime Minister and the Ministry of Transport are tweaking the project in a move to lure investors. None have come forward at present.
November 30, 2012
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Elevated highways stretching 34.5km in Vietnam's Ho Chi Minh City may be developed at US$2.68 billion. The Prime Minister and the Ministry of Transport are tweaking the project in a move to lure investors. None have come forward at present.
According to a new report from Timetric’s Construction Intelligence Center (CIC), the global construction industry is gradually regaining strength. This comes after a prolonged period of sluggishness in the wake of the global financial crisis. In real terms, the global industry is expected to have reached US$8.5 trillion in 2015, up from US$7.5 trillion in 2010. Over the forecast period (2016-2020) the pace of expansion will accelerate to an annual average of 3.4%, with the industry reaching a value of US$1
Plans are being drawn up in China for a new mega tunnel project in Guangdong Province. Details of the project, to connect Shenzhen and Zhongshan, have been released by the official Chinese news agency Xinhua. The 6.8km undersea stretch of tunnel will carry eight lanes, making it the world’s widest undersea road tunnel.
As World Highways celebrates its 25-year anniversary this month, we thought that it would be a good moment to take a step back and look at the exciting times we live and work in, and pick out a few of the game-changing new products, technologies and services that have brought about so much innovation in our industry over the past quarter of a century. Where will these new ways of thinking and working take us next?
The global highways market has been transformed in the lifetime of World Highways by high-v
