Work to start on next stretch of A100 in Berlin, Germany
The work on the construction of the next stretch of the A100 motorway in Berlin, Germany, is about to start. The project is expected to cost €473 million (US$616.72mn) and be completed by 2020.
May 16, 2013
Read time: 1 min
The work on the construction of the next stretch of the A100 motorway in Berlin, Germany, is about to start. The project is expected to cost €473 million (US$616.72mn) and be completed by 2020.
Work on the Highlands Highway in Papua New Guinea now looks set to commence shortly. The project had been delayed as local residents had to be resettled before construction could start in earnest. The US$85.4 million project to build the Keltiga to Kagamuma stretch of the highway is being carried out by a Chinese contractor, China Harbour Engineering Co (CHEC). In all the project is costing $190.6 million and involves building a highway route featuring two lanes in either direction.
Financial close has been reached for expansion of the A9 motorway near Amsterdam in the Netherlands.
BNG Bank, DZ BANK, ING, KBC, SMBC and Société Général have made available a short-term debt of US$174 million (€140 million) and half of the long-term debt of nearly $509 million (€410 million). The European Investment Bank will provide the other half of the long-term debt.
Mott MacDonald is the lenders’ technical advisor to the consortium IXAS Zuid-Oost, which has the public-private contract to expand
