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Rwanda road rebuild project financing
June 21, 2019
Financing is being secured for an important road connection in Rwanda. A grant of US$42 million is being provided by China, following and agreement with the Rwanda Government. The funding will help to pay for a 10km stretch of road that links Kigali with Masaka, lying to the east of the city. The work will also improve connections to Eastern Rwanda, while helping to boost the country’s economic development.
Ethiopia’s new tolled highway opens
June 21, 2019
Ethiopia is now benefiting from a new tolled route, improving transport between Dire Dawa and Dewele.
Speed record for JCB
June 21, 2019
JCB has set a new speed record, with a tractor. The firm modified one of its own Fastrac models for the record attempt, carried out at Elvington Airfield in the UK. Motorcycle racer Guy Martin took to the wheel of the heavily modified tractor, which was able to clock a speed of 165.76km/h (103.6mph). Aerodynamic improvements to the machine had been added by Williams Advanced Engineering. JCB previously set a World Land Speed record in 2006 with its DieselMax Streamliner. Twin diesel engines powered the veh
EU launches investigation into Fehmarn Belt financing model
June 21, 2019
The European Commission said it will investigate the public financing for the Fehmarn Belt link to see if it in line with state aid rules. The announcement follows the European Union General Court's annulment of a previous Commission decision approving the support. "Today's opening of such an investigation is an invitation for all stakeholders to provide their input, which will allow the Commission to adopt a new, well-informed final decision,” said Margrethe Vestager, EU Competition Commissioner.
Norway considers speed limit hike to 120kph for some motorways
June 21, 2019
Raising the motorway speed limit in Norway to 120kph could mean four deaths annually, according to research by the Norwegian Public Roads Administration (Statens vegvesen). It could also cost up to €504 million to build or upgrade 460km of motorways to withstand the wear and tear caused by having a 120kph limit. State Secretary Tommy Skjervold said that the government will analyse the research before making a final decision about raising or not the speed limit on some motorways. Norway has some of
German road safety provokes concern
June 19, 2019
There is concern at the ongoing road safety problems for Germany, with preliminary data showing worsening casualty statistics. During 2018, 3,270 people were killed in road crashes in Germany. A further 68,000 people suffered serious injuries in road crashes in Germany during 2018, with 328,000 having minor injuries. This data was compiled by Germany’s official statistics body, Destatis. The results from Destatis reveal a notable drop in road safety in Germany when compared with the previous year. In 20
Australian road development plans
June 19, 2019
Financing worth over US$705 million (A$1 billion) has been secured for road projects in New South Wales, Australia. This budget is for the 2019-2020 period and will pay for over 40 separate road projects. One of the key road projects targeted in the programme of works is for the M4 Smart Motorway, connecting Parramattta and Penrith. The work to the M4 is expected to cost $75.75 million (A$107.4 million). Meanwhile in Adelaide, South Australia, plans are in hand for a $283.5 million (A$402 million) grade
European construction market remains strong
June 19, 2019
Construction activity remains strong in Europe, according to data from the industry body FIEC. The data from the FIEC reveals a 3.5% growth in activity in the overall EU construction industry in 2018 and forecasts a 2.2% growth for 2019. “Although the situation continues to vary from one country to the other, the overall picture is currently positive, with activity in new housebuilding even booming in several countries.” said FIEC president Kjetil Tonning, presenting construction’s annual statistics. “In
Russian road project faces delay
June 19, 2019
Russia’s Sochi highway project will not now be completed by 2024. The original plan was to build a 119.km new route to replace the existing A147 route that connects Dzhubga with Sochi. Because of the challenging terrain, this project to build a new four lane highway without the twists and turns of the existing route would have been extremely costly, with a pricetag of as much as US$18 billion. However the project has now been downgraded as being of a lesser priority than other Russian road projects ongoing
Ghana road project financing secured
June 19, 2019
A finance package worth US$63.4 million has been secured for upgrade work to the ring road around Ghana’s second city, Kumasi. This financing will help to pay for the first stage of the ring road improvement project, for a 100km stretch of the route. Funding for the second stage of the project, measuring 143km, has yet to be secured however.