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Road rebuilding and rehabilitiation revitalising Rwanda
October 4, 2013
In Rwanda a road rehabilitation project will see the rebuilding of the route connecting Huye and Kitabi. The work on the 53km road will be supervised by Rwanda’s Ministry of Infrastructure and is due for completion by 2017. A loan worth SU$10 million from the Arab Bank for Economic Development (Badea) will help to finance the work on the road, which lies in Rwanda’s Southern Province. Badea is a financial institution owned by 18 Arab countries members of the League of Arab States (LAS). In all, the project
Chinese funding will help pay for Macedonia road project
October 4, 2013
In Macedonia a new 50km section of highway will be constructed, with €574 million of financing coming from China's Export-Import Bank. The Exim Bank credit line to Macedonia will be used to build a the highway connecting Skopje and Stip. The new route will also link Stip with pan-European transport corridor 10. The loan will carry an interest rate of 2% and will have a 20 year term with a five year grace period. Macedonia is close to completing work on the corridor 10 road project, which is worth €300 milli
Ukraine sets ambitious road target
October 2, 2013
The Ukrainian Government says that the country will see US$26.23 billion of road and highway construction work carried out in the 2013-2018 period. This construction plan forms part of the country’s five-year state economic programme. Financing will come from an array of sources. Funds for the projects will come from private investors, credit facilities, overseas financial organisations and the national budget.
Major infrastructure plans for Gulf Region
October 2, 2013
Huge investment is being seen in the Gulf Region, with some US$109 billion being spent on infrastructure development according to figures from Ventures Middle East. The Gulf Co-operation Council (GCC) nations are spending on improving roads and highways. Saudi Arabia is carrying out work to build roads and bridges (as well as rail) infrastructure worth $77 billion. Meanwhile the UAE is spending $58 billion on transport infrastructure and Qatar is investing $35 billion. In addition, Oman is spending close to
India continues toll road investment
October 2, 2013
The authorities in India are continuing the process of investment in toll road projects and general road construction. Plans call for some US$27 billion of road projects to be awarded in India by the end of October 2013. Included in the plans are four toll road projects, such as for construction of the Agra-Lucknow expressway, an eight lane highway that will be carried out by Uttar Pradesh Expressways Industrial Development Authority. So far in 2013, only 479km of projects have been awarded by the National
Plans in hand to expand Nicaragua’s highways
October 2, 2013
Plans are now in hand to develop the highways of Nicaragua, a Central American country that has suffered from poor infrastructure investment in the past. The funding will come from the Inter-American Development Bank (IADB). Some US$91.5 million has been approved by the IADB to finance highway projects in Nicaragua between 2014 and 2018. While this sum may not seem as substantial as the investment being seen in other countries around the world, it will make an enormous difference to this small Central Ameri
OHL working on new Mexican highway projects
October 2, 2013
Spanish firm OHL’s subsidiary, OHL Concesiones, will carry out a series of highway projects in Mexico. The company has a loan facility of US$404.6 million to carry out highway work in Mexico. At present OHL operates six highway concessions in Mexico. Three of these highways are open to traffic, with a further two under construction at present and work on the last due to commence shortly.
Palfinger and SANY are further developing their partnership agreement
September 30, 2013
A new move between Palfinger and SANY will see the two firms further developing their strategic partnership. The agreement has been made in principle to expand the strategic partnership between the Austrian and Chinese companies. The firms now intend to buy a 10% stake in each other. The link between the two groups will likely be reflected in the supervisory boards of both organisations. Now that an agreement in principle has been reached, the final contracts will be drafted in the weeks to come. The implem
Funding found for Ugandan connections
September 30, 2013
EU funding will help with construction of Uganda’s Mbarara Bypass and upgrades to the Kampala Northern Bypass. The US$151 million in financing will help improve the country’s transportation. This move should help trade between Rwanda, Uganda, the Democratic Republic of Congo, South Sudan and Burundi to the Mombasa seaport in Kenya.
New bridge project for Sri Lanka
September 30, 2013
A bridge costing some US$321 million will be built in Sri Lanka to span the Kelani River. This new link will reduce congestion at Baseline Road and in the area of Peliyagoda. The bridge is expected to take three years to construct and will measure 415m long. The project is being funded by the Japan International Cooperation Agency (JICA), which is also funding the design detail and feasibility studies. Meanwhile the Asian Development Bank (ADB) has approved credit $75 million for the construction of roads l
Mozambique government plans US$400mn transborder road project
September 30, 2013
The Mozambique government will build a road to link between the country and neighbouring Democratic Republic of Congo (DR Congo), Zimbabwe, Malawi and Zambia. According to Cadmiel Muthemba, the Housing and Public Works Minister, works on the US$400 million project are due to commence from February 2014, with funds for the project provided by a loan extended by Exim Bank of China.
Czech Republic: RSD gives go-ahead to road contracts worth €966mn
September 30, 2013
The Czech road and motorway management company RSD has given permission to construction firms to begin road building projects worth over €966 million (CZK 25 billion). The projects originate from the years 2008 to 2010, when expensive contracts were signed after only two subjects having taken part in tenders. The top three most expensive projects include the R49 road between Hulin and Frystak worth €302.26 million (CZK 7.8 billion), the motorway section D11 Osicky-Hradec Kralove worth €144.15 million (CZ
Spanish researchers develop new infrared emissions monitoring program that does not disrupt traffic flows
September 27, 2013
Spanish researchers believe they have found a new way of measuring road-side air quality with an infrared camera system that can remotely measure vehicle emissions by scanning the unique infrared signatures of various pollutants such as carbon dioxide, carbon monoxide, nitrogen oxide, and so on.
US federal highway trust faces running out of cash by 2015
September 27, 2013
America’s federal highway trust fund faces running out of money in 2015: a move that will have a “devastating impact” on states that rely heavily on federal funds for their road maintenance and construction needs, transportation officials warned the US Congress this week. - See more at: http://www.worldhighways.com/sections/general/news/us-federal-highway-trust-faces-running-out-of-cash-by-2015/#sthash.OH7KmQ0C.dpuf
US federal highway trust faces running out of cash by 2015
September 27, 2013
America’s federal highway trust fund faces running out of money in 2015: a move that will have a “devastating impact” on states that rely heavily on federal funds for their road maintenance and construction needs, transportation officials warned the US Congress this week. Highway contractors, state transportation officials and the U.S. Chamber of Commerce all went to Washington this week to lobby Congress, arguing for a rise in the rate of federal gasoline tax to help boost the coffers.