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France cutting road infrastructure spend
March 22, 2012
Reductions in road building budgets are being implemented in various departments in France, in a bid to cut overall spending. In 2009 some €4.5 billion was spent on the road budget, compared with €3.9 billion planned for 2012. Various local authorities were able to make small cuts in roads budgets until now. However the budget reductions are now becoming more direct as local authorities are seeing their resources fall and social costs rise.
Russia plans major road upgrades
March 22, 2012
Plans are in hand for major upgrades to Russia’s road network. Russian Highways (Avtodor) aims to construct 958km of roads, as well as to reconstruct 963km of road and improve 700km of road bed by 2019. The 684km M11 highway linking Moscow with St Petersburg is the top-priority. A 72km bypass road will be built in the Tver region. In total, Avtodor says it will invest US$45.3 billion in building tolled roads in Russia by 2019. Avtodor completed work on the 25km M-4 highway in December 2011. Meanwhile a tend
Germany to boost infrastructure spending
March 22, 2012
Germany’s Government intends to boost transportation infrastructure spending, with the majority of funds going towards roads. An increase of €1 billion will be targeted at transport with some 60% of that budget being used for improvements to the country’s road network. In contracts some 30% will be for port, canal and general shipping infrastructure with a mere 10% for rail investment. The German Government has also granted approval for work to the next stretch of the A44 autobahn. The new 7km link will run
Bosnia agrees funding for highway construction plans
March 22, 2012
Bosnia’s highway company Autoceste Federacije BiH will invest €500 million in the construction of the Corridor Vc road. The European Investment Bank (EIB) will provide a loan of €166 million to part finance the project. The plans call for the construction of the 56km highway as well as an additional 10km of the Sarajevo ringroad. The cost of the project is three times higher than any other that the country has so far planned. Autoceste Federacije BiH has said that it will finance land expropriation.
Turkish highway/bridge project
March 22, 2012
In a surprise move the Turkish authorities have now cancelled the tender process for the construction of the third Bosphorus Bridge and the Kuzey Marmara highway. The process was cancelled as there were no bidders.
Investing in Albania's roads
March 22, 2012
The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
Chinese firm branching out
March 22, 2012
A Chinese construction firm has managed to win a series of key highway contracts in China as well as overseas. The China Railways Group has contracts worth a total of US$1.58 billion in total for infrastructure projects.
Brazil facing road concession changes
March 22, 2012
The Brazilian authorities are looking to renegotiate contracts for a series of state road concessions that were auctioned up to 15 years ago. The intention is to improve the roads while cutting the rate of return for the concession holders, with controls on tariff rates to restrict price increases for users.
Key road deal for Italy
March 22, 2012
A joint venture comprising Impregilo and Astaldi is to handle a key road upgrade contract in Italy. The deal is worth some €791 million and will be carried out over a period of 92 months.
Ertico Forum on ITS for Urban Mobility
March 22, 2012
Following its December Forum on ITS for Urban Mobility, Ertico ITS Europe has published a 20-page report of the presentations from the high level speakers and participants from public authorities and industry given during the in-depth examination of the role and opportunities for ITS in urban mobility.