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The Nepalese Government looks set to increase its transport budget for the next fiscal year.

The Japanese Government is giving US$30 million towards construction of a new bridge in Nicaragua.

A Chinese contractor is awarding sub-contracting work in Sri Lanka on a number of key road projects in Jaffna.

A World Bank loan worth US$109 million is paying for an upgrade to the road connecting the Bolivian conurbations of Rurrenabaque and Ixiamas as well as to the airport in Rurrenabaque.

The authorities in Papua New Guinea (PNG) will be able to boost transport infrastructure following the provision of a development assistance grant worth US$371.35 million.

The UK's new Hindhead Tunnel is now open to traffic. The ?420 million (£371 million) tunnel runs under the Devil's Punch Bowl in Surrey and will reduce congestion, while boosting safety on the busy A3 route.

In India a total of eight road projects worth US$1.43 billion have been given approval by the National Highways Authority of India (NHAI).

Chile's Ministry of Public Works (MOP) will re-open highway concessions worth over US$1 billion shortly.

New York Mayor Bloomberg has unveiled a new, technology-based traffic management system that allows city traffic engineers to monitor and respond to Midtown Manhattan traffic conditions in real time, improving traffic flow on the city’s most congested streets.

The southern section of Serbia's Corridor 10 highway is now carrying traffic, with only final works needed to complete the link.