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.
France will invest €5.1 billion in maintenance and construction of highways up to 2022 as part of a major transportation strategy. The money for highways is within €13.4 billion that the government pledged to invest in the general transportation sector. More than half of the money will be for railways. In September, the French government outlined its infrastructure spending priorities for the decade to 2028. The government is to prioritise investment at key rail hubs outside Paris. Half the total €13.4
Greek contractor Terna is now carrying out work on a new 32km stretch of highway in the country. The project is for a stretch of the Imikomvos PATHE-A/K highway, one of several road projects now moving forward in the country. The go ahead for the work has been given by the Greek Infrastructure Ministry. The highway project is costing €300 million in all, while Terna will also carrying out €5.75 million of additional works.
Plans are moving ahead in Indonesia for the construction of the Kuala Tanjung toll road project. Financing has been secured for an 80km stretch of the route. This stretch will run from Terbanggi Besar, through Pematang Panggang to Kayu Agung and will cost around US$552.3 million to build. The project for the Kuala Tanjung toll road includes a number of complext and costly elevated sections, between: Krian-Legundi, Bunder and Manyar (KLBM); Jakarta and Cikampek II Elevated; Batang and Semarang; Jakarta and C
