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.
Paraguay is in discussions with six out of 11 prequalified consortia after none of the 11 submitted bids for a major highway development.
The Public Works and Communications Ministry is making efforts to put back on track a public-private partnership to widen routes 2 and 7.
Media reports said consortia were supposed to present their bids on 28 April. But with no bids submitted by that date, the government set a new date of 29 June.
The whole project will require US$754 million, including $80 milli
Around US$1.82 billion (€1.34bn) may be spent improving Spain’s motorway network, according to an investment plan submitted to the Ministry of Development by Aseta, the national motorway operators’ association. Execution of the plan submitted on behalf of Itinere, Abertis and Ferrovial would be in exchange for an extension on the management contracts on their managed motorways, or a raise in toll charges. Works would start immediately and would create some 25,000 jobs. Itinere is preparing to invest €744 mi
The PPRS event in Paris highlighted the need for additional investment in road transportation – David Arminas writes.
Consider the global road network. An improved road from one rural African town to another can reduce the journey time from a one-day walk to a one-hour drive. This could save lives through access to a hospital; allow small businesses to work faster by getting in supplies more quickly; allow children to attend a better equipped school.
Roads affect society by allowing healthier and bett
