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A new highway project in Tajikistan has secured a funding package worth US$350 million in all.

Transport infrastructure projects in Paraguay are gathering pace. The country’s Ministry for Public Works and Communications says that work for the first two stretches of the Transchaco road upgrade project will commence in the third quarter of 2019. The work is being carried out in eight stretches and is expected to cost a total of US$605 million in all. Funding for the widening work is being provided jointly by the Development Bank of Latin America (CAF) and the IADB. The CAF is providing a package worth

A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic

An Australian government agency has awarded around US$350,000 to two companies to investigate the production of bitumen and diesel from wood waste. If successful, Australia’s state of New South Wales could become home to the world’s first biorefinery turning sawmill residues into renewable bitumen and diesel, according to ARENA - the Australian Renewable Energy Agency. Under the $842,000 million study, Boral Timber, a major supplier of hardwood and softwood in Australia, will explore the technical and

Plans are being drawn up in Indonesia for a new road tunnel project, with construction planned to commence in 2021. The tunnel will feature parallel tubes and is expected to cost US$231 million to construct. It will measure 7km, making it one of the longest road tunnels in Indonesia. The tunnel will form part of the 96km Bengkulu-Lubuk Linggau tolled highway, which is being built in three main sections. The three sections of the tolled route are from Lubuk Linggau to Kepahiang, from Taba Penanjung to Bengku

A new 23km road project is planned for Russia’s Krasodar Region. Construction of the new road project is expected to commence in 2025. The new route will cost an estimated US$225.s million to build. Included in the construction of the new route will be new interchanges and multi-lane overpass stretches.

A new 729km tolled highway link is being planned for Russia. The route will be constructed by the Russian roads company, Avtodor and construction should start in 2025. Costing up to US$8.1 billion, the route will connect Moscow with Kazan, the route will run through Valadimir, Murom, Arzamas, Sergach, Kanash and Shali. Around 60% of the budget will be sourced from Federal sources, while private funding should pay for the remaining 40%.