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.
Rosavtodor has held a roadshow for the construction and operation of a highway bridge over the Lena River near Yakutsk in eastern Russia. A public-private partnership project, a starting price for the bridge’s construction has been set at US$1.95 billion (RUB 64 billion). Investments will have at least 5% of the project funds. The bridge is to be engineered and built in six years. Private investors will maintain the bridge for eight years, receiving regular payments from the state amounting to $485.68 milli
Paraguay’s Ministry of Public Works and Communications will tender for the first part of the bi-oceanic corridor project this month.
Work involves paving on the 255km section between Carmelo Peralta, Cruce Centinela and Loma Plata in the western region of the country under a turnkey format.
The first section of the road is expected to require an investment of around US$280 million.
The second stage of the project that will connect Paraguay with Argentina and cost $340 million. Work include paving
Germany has boosted its transportation infrastructure spending for 2017.
The biggest slice of the budget - 42% - goes to the labour and social welfare ministry, followed by the military which gets just over 11% of the money, €36 billion, up €2.7 billion.
The total budget of the German Ministry of Transport and Digital Infrastructure amounts to €26.8 billion, up 9.2% or €2.2billion from this year. Of this €26.8 billion, €13.7 billion will be invested in infrastructure. This will grow in 2018 to €14.4 b
Environmental questions are facing the construction of the Martin-Presov highway in Slovakia. The European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD) are waiting to receive approval to fund construction of the highway in Slovakia from the European Commission (EC). However the EC is not giving its approval for the loans at present until the Slovak Government provides answers as to why the route goes through a national park. Although the Slovakian Transport Ministry is k
