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.
Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
Vietnam’s Ministry of Transport is to prioritise construction of the new North-South Expressway. The project will provide a much improved connection between the country’s north and south, speeding transport and boosting safety. It will feature from four to six lanes and have speed limits ranging between 80km/h and 120km/h. The cost of the project is expected to be US$13.75 billion, with 17 of the 20 work packages being carried out under the build-operate-transfer model.
The Egyptian Government is investing both in road development and road safety, setting strategies in place for future development. The country has a construction programme that will see some 3,600km new roads being built. At the same time, the Egyptian Government has set a budget of some US$5 billion to improve road safety. The authorities in the country have identified the need to boost road safety to international standards as Egypt’s crash statistics and road casualty levels are of concern and have a ver
