Volgograd authorities to allot over US$231 million for roads in 2013
The Volgograd region (South) authorities will allot over US$231 million (RUB 7bn) for roads in 2013. A total of $82.64 million will be provided for construction, about $92.56 million for repairing and maintaining regional road facilities.
January 23, 2013
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The Volgograd region (South) authorities will allot over US$231 million (RUB 7bn) for roads in 2013. A total of $82.64 million will be provided for construction, about $92.56 million for repairing and maintaining regional road facilities.
The Ministry of Infrastructure Development and Communications (MIDCom) for Malaysia's Sarawak state on the island of Borneo said that the state will need over US$ 4.68 billion (MYR 15bn) to finance the construction of 5,00kms of new roads. The roads are set to stretch between the interior areas, including Baram Basin and Kapit, to the major cities in the state. Funding for the project would be shared between the state and federal governments, according to MIDCom's Minister Michael Manyin.
Michelin North America (MNA) has revealed plans for a new earthmover tyre plant in the United States as part of a $750million expansion set to create up to 500 manufacturing jobs. News of the proposed new site in Anderson County, South Carolina, comes after MNA revealed they would also be expanding their existing earthmover tyre plant in Lexington, also in South Carolina.
Construction will commence in 2019 for a new bypass stretch around Krasnodar in Russia. The project is for the western bypass for Krasnodar (South), which will link the route from Krasnodar to Temryuk with the M-4 Don Federal highway. The new road stretch provides a key link for the new highway and bridge route across the Kerch Strait to connect with the Crimean Peninsula. The bypass section is designed to carry up to 30,000 vehicles/day.
