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
Read time: 1 min
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.
India's Cabinet Committee on Economic Affairs (CCEA) has approved four road projects worth a combined US$850.75 million (INR 46.20bn) in Assam and Madhya Pradesh. The projects involve the widening of stretches of National Highways 37 (NH 37) under the Special Accelerated Road Development Programme for India’s North Eastern Region (SARDP-NE).
Justin Tkatchenko, foreign affairs minister of Papua New Guinea, said the bridges will allow local populations in remote areas to more easily access health care.
Paolo Fellin, vice president of Caterpillar’s Global Construction & Infrastructure Division, has touched on the importance of the new dominance of booming African and other Emergent nation construction markets. Guy Woodford reports For Paolo Fellin, the last 10 years have seen the birth of a new order in world construction equipment sales.
Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas
If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
