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.
Argentina’s Government is setting out plans to invest US$3 billion in developing the country’s transport infrastructure. The plans are being drawn up by the country’s Ministry of Transport and call for Argentina’s multi-lane highway network to be doubled in total length from its present 2,800km. The construction work will be managed by Argentina’s Government in a bid to push forward the programme. Poor road links in Argentina have been recognised as causing delayed journeys and increased transport costs. Up
Indonesia will form a consortium of state enterprises to build all the 2,700km of the Trans-Sumatra toll highway, from Lampung to Aceh on the island of Sumatra. The finance department is also setting up special infrastructure banks to provide flexible loans for the state departments to fund the project, Indonesian media reported. Indonesia recently changed the law that had the state infrastructure company PT Hutama Karya as the only organisation allowed to build major projects. Other state enterprises can n
Mexico’s secretary of communications and transport, Gerardo Ruiz Esparza, has confirmed that the second level of Mexico City-to-Tlalpan interconnection road project could be completed by December.
This stretch is part of the Mexico-Cuernavaca motorway improvement project, included in plans by the federal government and the capital's local authority to expand the access to Mexico City.
The initiative is costing around US$1.68 billion and encompasses other motorways such as Mexico-Puebla, Mexico-Pachuca
A $1.2 billion highway project in North Central Texas was recognised as a prime example of innovative transportation financing at an event held by the American Road & Transportation Builders Association (ARTBA). The 26th Annual Public Private Partnership (P3) Conference in US capital Washington was organised by ARTBA with its P3 Awards being presented in two categories, for entrepreneur of the year and project of the year. The former is given to at least one individual who has made an outstanding contributi
