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Chinese province of Guangdong to spend over US$117.5bn on highways in 4 years
October 14, 2013
The Chinese province of Guangdong is to invest over US$117.5 billion (CNY720 billion) on highway investment during 2013-2017, according to the Guangdong Transportation Bureau. Following the massive four-year investment, the total highway network in the province will increase to 8,140kms. The number of highway with links to other provinces will increase to 24. Construction of the 32.55km Zhuhai's Jindong to Hengqin highway will start at the end of this year.
High quality videos for ARTBA student competition
October 14, 2013
The American Road & Transportation Builders Association (ARTBA) has seen a strong response for its student video competition, highlighting US infrastructure. The third time this competition has been run, it attracted 40 entrants across a number of categories. First Place in Category II for post-secondary, college or graduate students was awarded to the film; Importance of Infrastructure.
Strong response for ARTBA’s student infrastructure video competition
October 14, 2013
A very strong response has been seen for the 3rd Annual Student Transportation Video Contest run by the Washington, DC-based American Road & Transportation Builders Association (ARTBA). Illinois high school and University of Maryland college students took top honours in this national video contest on America’s transportation network. The association received more than 40 entries this year in two categories. Sponsored by ARTBA’s Research and Education Division (RED), the contest aims to raise awareness about
Plans moving forward for key Turkish highway
October 11, 2013
Plans are moving forward in Turkey for the construction of a new highway project. Mott MacDonald has been named lenders’ technical advisor by the IC Ictas-Astaldi (ICA) consortium for a 60km section of the Northern Marmara highway. This deal is significant and the stretch forms the first of a number of phases of the highway. The project is being delivered under a 10 year, US$2.5 billion public-private partnership (PPP).
Key road link opens in San Antonio, Texas
October 11, 2013
A new road link in the Texan city of San Antonio will help future industrial development in the area. The new 2.7km connection provides a four-lane extension of 36th Street from Highway 90 into the centre of Port San Antonio at Billy Mitchell Boulevard. The new route will allow for the future closure of North Frank Luke Drive, a small road running parallel to the runway at Kelly Field, the port’s industrial airport. This will provide direct access to the airport from the port and the area will be suitable f
Infrastructure expansion will boost world growth
October 11, 2013
A report published by HSBC suggests that global infrastructure-related trade growth will double worldwide economic expansion and will triple in size by 2030. The report also suggests that Brazil and Mexico will drive the rise in imports and exports of infrastructure-related goods in Latin America, according to Business News Americas. HSBC said that between 2013 and 2030, infrastructure-related trade looks set to grow at an average of 9%/year. It will also see a rise in its share of overall merchandise trade
UK: Spencer Group wins iconic Humber Bridge repair work
October 11, 2013
In the UK, Hull-based Spencer Group has won a contract to carry out repair work on the iconic Humber Bridge. The €4.5 million (£3.9 million) contract was awarded by the Humber Bridge Board. Spencer will replace four steel 'A-frames' and strengthen other parts of the near Kingston upon Hull, East Yorkshire-based structure. The firm won repair work on the famous bridge in 2009 and 2010.
IAM: We need Green Paper for young UK drivers now
October 11, 2013
UK road safety charity IAM (Institute of Advanced Motorists) is calling on the Conservative party to take its “once in a generation” opportunity to refresh how people, especially young people, learn to drive by publishing its much promised Green Paper on new drivers as soon as possible. Road crashes are the biggest killer of young people in the Britain today. In 2011, 412 people died in incidents involving young drivers. It is four months since the Government revealed its plans to publish a Green Paper,
Colombian surety insurers to benefit from new highway infrastructure projects
October 11, 2013
The Colombian government's recently unveiled infrastructure programme for highway construction over the next 10 years is tipped to raise demand for surety products owing to government contracts requiring surety insurance to protect public resources. Higher demand of these types of P&C insurance coverage will help insurers absorb their fixed costs, thereby improving underwriting results and reducing insurers' reliance on investment yields to sustain their profitability, Moody's has claimed in a report.
ARTBA comments on impact of US shutdown for transportation
October 11, 2013
American Road & Transportation Builders Association (ARTBA) president and CEO Pete Ruane has highlighted issues for transport caused by the impact of the US Government shutdown. “Improving the efficiency of the environmental review and approval process was one of the signature achievements of the 2012 surface transportation law—MAP-21. Achieving this goal was a clear priority for members of Congress from both parties and chambers. “Major highway and bridge projects can take between nine and 19 years to
Dressta seek greater dealership reach in key emerging markets to boost sales
October 10, 2013
Dressta, the LiuGong subsidiary, is striving to increase its dealership reach in key emerging markets such as Central and South America as it aims for higher machine sales. Speaking at a recent Dressta construction machine manufacturing press event at the company’s LiuGong-owned manufacturing plant and headquarters in Stalowa Wola, southern Poland, Dressta CEO Leslaw Holysz said, “We have no [dealership] presence in Mexico and Latin America, except for Panama. Panama is a very good country for us and we
TISPOL 2013 Conference refocuses vital European road safety work
October 10, 2013
Themed ‘Improving Road Safety – Solutions that Work’, the recent TISPOL (European Traffic Police Network) Conference 2013 in Manchester refocused efforts to improve road safety across Europe, while outlining future initiatives to drive down road accident levels even further.
JCB chairman Lord Bamford to take House of Lords seat on November 7 2013
October 9, 2013
JCB chairman Lord Bamford will officially take his seat in the House of Lords on November 7th, the company has announced. Sir Anthony Bamford was made a Life Peer in August 2013 and will now be known as Lord Bamford after taking the formal title of Baron Bamford of Daylesford in the County of Gloucestershire and of Wootton in the County of Staffordshire.
New road infrastructure for Tajikistan and Kazakhstan
October 8, 2013
Tajikistan and Kazakhstan are both investing in transport infrastructure, with an array of new projects planned. In Tajikistan the Ministry of Finance is budgeting a healthy US$1.6 billion for transportation projects in the period from 2013-2014. These include construction and reconstruction of roads, highway and railway bridges, and tunnels. Further details will be available in due course as to the roads and highways being built. Meanwhile a loan from the Asian Development Bank to Kazakhstan will help
Key road link in South West Germany
October 8, 2013
A new road link has been constructed that connects the German municipalities of Weil am Rhein and Lörrach. The road has taken seven years to construct and includes a 347m long tunnel. Located in the South West of Germany, the road actually passes through Switzerland and has cost around €100 million to construct.