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.
New double deck roads could cut congestion in Kenyan capital Nairobi – Shem Oirere reports Arapid increase in urban population and diminishing land for infrastructure expansion has forced Kenya to devise ways of addressing the worsening human and vehicular traffic problems in its capital Nairobi. The country national highways agency recently announced progress in the planned construction of the country’s first double-decker highway.
Plans are in hand in East Africa for a new 1,600km highway that will boost trade and transport in the region. The new road will run from the Kenyan port of Mombasa to Kigali, the capital of Rwanda. The highway will be of particular importance to landlocked Rwanda as it will provide an important new route for trade and transport. The Transport ministries of Kenya and Rwanda will work together on the project, which will also involve the transport ministry in Uganda. The six lane highway will feature sophistic
The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
