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Concrete show agreement for Verona
May 16, 2019
The upcoming SaMoTer exhibition in the Italian city of Verona will now be the key venue for the precast concrete supply chain business in Southern Europe. The show organisers say that as of 2020, the sector will be covered at Veronafiere within the scope of the triennial international exhibition of construction equipment scheduled 21st-25th March (www.samoter.it). This is the outcome of an agreement signed by Veronafiere Spa and ad-media, the German company that organises ICCX-International Concrete Confer
Western Australia transport development
May 15, 2019
Western Australia is planning a series of transport upgrades across the state. Road projects will be prioritised, with US$2.96 billion (A$4.2 billion) being planned as a budget. Around half of this budget will be used to develop regional roads in the state. Major works are being carried out include the $1.41 billion extension of the Tonkin Highway to connect with the South Western Highway and also to reduce congestion at Swan River. It also includes work on the Bunbury Outer Ring Road worth $600 million, t
Melbourne road link project being revived
May 15, 2019
The Australian project to build the East West Link in Melbourne, Victoria State now looks to be revived. Financing worth US$2.82 billion (A$4 billion) is being provided by the Australian Federal Government. The project is expected to cost $4.93 billion (A$7 billion) in all. The link will connect the Eastern Freeway with the CityLink, carrying an expected 80,000-100,000 vehicles/day and cutting congestion in the east of Melbourne. The project was previously halted in 2014.
Brazil road payment delays affecting projects
May 15, 2019
Brazil’s Sao Paulo state is seeing some road projects being delayed due to a shortage of funds.
Bosnia highway project, funding secured
May 15, 2019
Funding has been secured for a major highway project that will help revitalise Bosnia’s economy. The European Bank for Reconstruction and Development (EBRD) has signed a deal that will supply a finance package worth €210 million. Coming in the shape of a loan, this will be utilised to help pay for the Doboj ring road, which will form part of the Corridor 5C highway link.
Brazil’s roads budget faces cuts
May 14, 2019
A series of major road projects in Brazil have had their budgets cut. Construction works for 56 motorway projects have seen budgets cut, and in some instances removed altogether. The Brazilian national department for transport infrastructure (Dnit) had a previous budget of US$1.59 billion for road development projects. This has now been cut to $1.04 billion, less than 33% of the budget for 2014. Projects to have been hit include widening the BR-316 in Piau State, widening the BR-364 in Rondonia State, build
Bentley Systems expanding through acquisition
May 14, 2019
Bentley Systems continues to expand its operations through acquisitions. The firm is now further developing its portfolio with the acquisition of Keynetix, a UK-headquartered provider of cloud-based software for capturing, visualising, modelling, and sharing of geotechnical data. The company says that the addition of Keynetix software expands its geotechnical offerings and allows it to develop subsurface digital twins for infrastructure projects and assets. According to the company, subsurface digital twi
Brazil’s roads budget faces major cuts
May 14, 2019
A series of major road projects in Brazil have had their budgets cut. Construction works for 56 motorway projects have seen budgets cut, and in some instances removed altogether. The Brazilian national department for transport infrastructure (Dnit) had a previous budget of US$1.59 billion for road development projects. This has now been cut to $1.04 billion, less than 33% of the budget for 2014. Projects to have been hit include widening the BR-316 in Piau State, widening the BR-364 in Rondonia State, build
Indonesia toll road development plan
May 14, 2019
Indonesia has further plans to expand its toll road network. By 2024 1,500km of toll road projects will be complete. And by 2030, around 4,480km of toll roads will be complete. This programme of works will require US$44.33 billion to complete. Funding will be provided from a combination of government and private sources. The work will be carried out across Indonesia, including Nusa Tenggara, Java, Bali, Sumatra, Sulawesi and Kalimantan.
UAE road project awarded
May 14, 2019
A US$136 million road contract will be carried out in the UAE.