News

Bids are being invited for seven road repair and maintenance contracts across Romania worth a combined €215.56 million (RON 950.7mn), excluding VAT. The contracts being offered by CNADNR, the national public roads authority, cover works during 2013 and 2014.

The Hungarian national road management firm Magyar Kozut (MK) began road upgrade projects worth US$ 171.38 million (HUF 38bn) in 2012. The upgraded highways covered a total length of 360km. Development projects were carried out in line with the country's Regional Development Operational Programme (ROP) as part of Hungary's New Szechenyi Plan (USZT). Meanwhile, it has also been revealed that around $496.78 million (HUF 110bn) has been allocated for road renovation works in total by the end of 2013.

Chinese companies are to take part in a number of motorway construction projects in Serbia, according to the country’s ministry of construction and urbanism. The routes will cover a combined 190km and follow the Serbian government’s December 2012 signing of a pre-contract deal for the construction of the Lajkovac-Ljig and Obrenovac-Ub sections of the Corridor 11 motorway, worth US$333 million, with the representatives of the Chinese firm Shandong High Speed Corporation. The two parts are part of the future

A total of US$5.26 billion (THB 160bn) will be set aside for new ring roads covering 254kms across Greater Bangkok as part of new infrastructure investment in Thailand over the next few years. The works are among a number of key transport infrastructure projects planned after the expected approval of a draft bill from Thailand’s Fiscal Policy Office agreeing new debt of $71.95 billion (THB 2.2trn). The bill is scheduled to take effect in the year beginning October 2014. Under the proposed bill, the Finance

Italian utility Enel has reached an agreement with ENI, the Italian oil and gas group, to boost the presence of electric vehicle charging facilities at petrol stations. Enel has already created a fast vehicle charging station that uses 43kW alternating current, providing a charge of up to 80% in about 30 minutes. The first charging stations will be delivered by March 2013 across ENI's 4,700 petrol stations.

Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).

Kumpulan Europlus (KE) and the Malaysian government have signed a deal for the construction of the West Coast Expressway. The multi-million dollar deal will see KE build the 233km highway.

The Highways Agency in the UK has launched pre-tendering for its Area 9 asset support contract (ASC). The key contract, worth a minimum US$222.56 million (£137mn), covers eight English counties for the next five years. It can be extended by up to a further three years and will come into operation from January 2014. Firms must access pre-qualification documents by 23 January 2013. Maintenance and improvement works include highways in Shropshire, Leicestershire, Staffordshire, Warwickshire, Derbyshire, Worces

Bauma 2013 News Article

Bauma 2013 News Article

Bauma 2013 News Article

The Brazilian Bank for Economic and Social Development (BNDES), Banco do Brasil (BB) and Caixa Economica Federal banks will form an investment fund to participate in future federal roadway tenders. The move, announced by the Brazilian government, aims to bring more companies into the bidding process by offering more diverse financial solutions. After a winner is declared, the concessionaire will decide whether or not the fund will participate in the concession. The fund may never have a share greater than 4

Around US$464.5 million is due to be spent building or upgrading more than 520km of roads in Uzbekistan during 2013, according to national road construction company Uzavtoyul. The extra-budgetary regional road fund will pay for the works.

China Henan International Corporation has secured a US$ 211.75 million contract from the Road Development Agency (RDA) of Zambia to design and build the 175km Mansa-Luwingu road. The 40-month contract includes 30km of township roads in Luwingu and Mansa. Works are due to start in April 2013.

Netivei Israel plans to invest more than US$1.63 billion in its road development and safety projects in 2013 – breaking its previous record in 2012 of over $1.47billion. By the end of 2012, the company completed the construction of five new interchanges, and began building 13 additional interchanges. It also completed the upgrading of 160kms of highways, through the paving of new roads, expanding existing roads and adding interchanges. Next year, Netivei Israel will begin the construction of 19 new interc