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.
Brazil has invested US$18.3 billion (43.8 billion reais) on federal highway projects during phase 2 of PAC, the country’s growth acceleration plan, according to the federal government's 9th balance report on PAC 2 works.
The report, reviewing phase 2's first three years (2011-13) of the four-year programme, states that work was carried out on 3,080km of highway stretches and highlights a number of projects completed last year.
Among them was the BR-376 near southern Paraná state's Maringá city, the BR-448
Business confidence in construction looks healthy in many countries around the world. Transport infrastructure remains a high priority for construction activity around the globe. China is continuing to develop its own internal transport network, while also funding a massive programme of works under its Belt & Road plan. The impact of the Belt & Road programme is being seen in Asia, Russia and also parts of Africa, with the aim of unlocking economic activity by boosting transport connections, whether by road
Malaysia is pushing ahead with a series of construction projects that will form sections of the Pan Borneo Highway in Sarawak. Work will go ahead on eight sections of this important route and this will form phase one of the project, with the cost anticipated as some US$3.05 billion. The eight packages consist of the 95km stretch from Sematan to Sungai Moyan Bridge, an 89km stretch connecting Pantu Interchange with Batang Skrang and the 80km section from Sungai Tangap Interchange to the Pujut Link Road. They
