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.
Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports
The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion.
The new road will measure some 85km long and will feat
An approval has been granted by the prime minister to scale down and slash investment for a road project linking Hai Phong-Hanoi and Cau Gie-Ninh Binh motorways in Vietnam.
In 2011, work on the project started and within 2015, it is anticipated that the project will reach completion.
Due to a capital squeeze, investment on the project will reach nearly US$212 million, a cut of almost $39.64 million.
By 2017, stage one of constructing two traffic lines will be completed.
In Kosovo, work is pushing ahead of schedule on the Route 7 highway to link capital Pristina with the Albanian border. Sections of the 120km highway have been opened, one year ahead of schedule. An official opening of several sections of the highway has been carried out by Kosovan leaders, including Prime Minister Hashim Thaçi, President Atifete Jahjaga, and members of Parliament, along with Albanian Prime Minister Sali Berisha and US representatives Eliot Engel (D- NY) and Gary Peters (D-MI) joined thousan
