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
Read time: 1 min
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.
Plans are being set out for an important new highway link in the CIS. This new link will connect the M-5 and M-7 highways, close to the city of Ufa and the project is expected to cost US$1.12 billion to carry out. The work will require the construction of a tunnel stretch carrying four traffic lanes, as well as two highway sections and an overpass in the city itself. Ufa is the capital of the Republic of Bashkortostan, which is part of the CIS. The city is linked to Russia’s capital Moscow by the M-7 highwa
A Mexican consortium comprised of Pinfra, Grupo Bursátil Mexicano and Aldesa Mexico has secured a concession to build, operate and maintain the Siglo XXI highway concession in Morelos state, according to the transport and communications ministry, SCT.
Around US$211 million (2.76 billion pesos) will be invested in the 62km highway over the next two years.
Five companies, including OHL Mexico, are reported to have bid for the concession, with the Pinfra consortium presenting one of the lowest bids.
This is
The Canadian government and that of the Yukon territory will invest more than US$290 million to improve 650km of roads within the northern territory.
Around $199 million will come from the federal government and works include construction of several bridges for highways that lead into the Yukon's central Dawson Range and the Nahanni Range areas.
