Search

An agreement has been reached for the projects to widen Route 2 and Route 7 in Paraguay by the various bodies involved. The Consorcio Rutas del Este joint venture partners have agreed terms with the Inter-American Development Bank (IADB), UBS and the Ministries of Public Works and Communications and Finance. UBS is providing financing worth US$250 million while the IADB is providing $200 million. Consorcio Rutas del Este, which comprises Sacyr, Mota Engil and Ocho A, is providing $83 million meanwhile. Cons

The tender process is opening in Oman for a major road widening project.

Thailand’s high rate of crashes is having a serious draining effect on the country’s productivity and economic activity. According to data from the National Institute for Emergency Medicine (NIEM), injuries from road crashes are the biggest cause of health issues amongst people of prime working age (from 20-60). In the last 12 months 148,377 males and 80,163 females in the 20-60 age range suffered injuries from road crashes

A new road connection is now open to traffic in Nicaragua, connecting the country’s coasts. T

Norwegian state-owned road developer Nye Veier has announced the tendering of a 23km four-lane motorway between Roterud and Storhove along Lake Mjøsa. Mjøsa, Norway's largest lake as well as one of the deepest in all Europe is located in the southern part of the country and about 100km north of the capital Oslo. It is around 117km long and at its widest is 15km. More than 4km of the €388 million project will be a tunnel. Construction is scheduled to begin in 2021. The stretch of road is as part of

The French market for earthmoving equipment remained very strong in the first quarter of this year, according to the latest data compiled by CISMA. Q1 sales rose 12% compared to the same quarter 2018 with that for compact equipment up by 14%. CISMA - the French trade association - noted that this performance is mostly due to the strength of sales to rental companies (+32%) and the good performance of non-rental sales. Sales of crawler excavators are up by 11%. Sales of wheeled loaders grew by 23% t

The Kasetsart Intersection-Nawamin Road northern expressway project in Thailand is expected to require funding worth US$457 million. Also called the N2 expressway, the 12.2km stretch of expressway will benefit from financing raised through an IPO organised by the Thailand Future Fund (TFF). The project has been delayed due to objections from the Kasetsart University over concerns at the expressway’s impact the structure of campus buildings. A number of other buildings lie close to the route and there may ha

The Czech capital Prague has cancelled a contract worth almost US$90 million to demolish old the Liben Bridge and build a replacement. Instead, it will spend nearly $22 million to renovate and strengthen the existing bridge - Libensky Most . Media reported that the bridge will have its frame replaced and will be strengthened during the renovation, following recommendations from the Czech Technical University's Klokner Institute. Renovating the bridge will likely take around two years. The Libeň Bri