A key road project is now commencing in Peruvian port Callao. The work is costing some US$186.4 million and is being carried out by Brazilian contractor Andrade Gutierrez.
The go-ahead has been given for a major contract worth US$472 million in the Dominican Republic. The deal covers the design, financing, construction, operation and maintenance of the Vial Viadom road project.
Funding for a 3km cable-stayed bridge in Vietnam's Mekong Delta region will be boosted with financial backing from the Export-Import Bank of Korea (Korea Eximbank).
GAZ Group, part of Oleg Deripaska's Basic Element, and Terex Corporation have entered into an agreement to form a joint venture company to manufacture of construction and roadbuilding equipment in Russia.
Buenos Aires Province will release news of the winner of a highway concession shortly. The concession will be to operate highways 2, 11, 36, 63, 56 and 74 under a 30 year deal from May 2011.