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 South Wales Premier Barry O'Farrell has given the go-ahead for the US$10.92 billion (AUD 11.5 billion) Westconnex motorway project in Sydney, Australia. A total of $1.4 billion (AUD 1.5 billion) has been pledged by Prime Minister Tony Abbott over four years, while $1.68 billion (AUD 1.8 billion) has been committed by the state government. The private sector will channel the remaining fund through tolls. A toll for using the 33km motorway will be reportedly capped at $7.21 (AUD 7.70).
With its constru
Vietnam’s impressive road development programme is now gearing up, with a series of major projects scheduled to commence in 2019. Work is starting on three key projects: the My Thuan 2 Bridge; the Cam Lo to La Son highway section; the Cao Bo to Mai Son highway section. All three of these projects will form part of the Eastern North-South Expressway, with the work being overseen by the Ministry of Transport (MOT). The My Thuan 2 Bridge will cost some US$214.3 million and will connect Vinh Long Province with
The Government of Romania will build three motorway segments through a public-private partnership.
The motorway segments in question are the 109km long Ungheni-Iasi-Targu Neamt segment, which will have a bridge built over the river Prut, the 100km long Rasnov-Brasov-Ploiesti motorway section, and the 550km long motorway segment between Alexandria and Lugoj.
