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.
Tolling has been widely promoted as the answer to future road needs by many economists. The fundamental principle of a toll road is comparatively easy to understand: a driver wants to get from here to there and pays a small sum for the privilege. Drivers generally prefer to access roads without having to pay but the sums involved in toll roads tend to be comparatively low. For all but the most parsimonious, parting with a few coins to use a stretch of highway in good order is comparatively painless, made ev
The authorities in Indonesia plan to invest heavily in infrastructure in 2010 and 2011, with road transport regarded as a high priority. The Directorate General of Highway Construction at the Public Work Ministry has set a budget of US$1.86 billion budget for 2010. According to the Public Work Ministry, 1% of the total budget for 2010 will be used to develop around 536km of roads while 11.5% of the budget will be spent on preservation of 4,400km roads
Malaysia’s Minister of Works receives IRF’s top award. YB Dato’ Sri Haji Fadillah bin Haji Yusof, Minister of Works and one of the chief architects behind Malaysia’s spectacular highway investment programme has been nominated to receive IRF’s most distinguished individual honor. Established in 1951, IRF’s Professional of the Year award recognises eminent public, private and education sector professionals with an outstanding track record of leadership and commitment to the road transport industry. Over the y
