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Trimble expanding portfolio with new acquisition deal
April 27, 2018
Trimble is continuing to expand its array of construction solutions with a move to acquire software specialist Viewpoint. The aim of this deal is to provide a complete construction management solution, extending Trimble's ability to provide integrated project, jobsite and business workflows across construction projects. The firm has a definitive agreement to acquire privately-held Viewpoint from Bain Capital. This cash transaction is valued at US$1.2 billion. Viewpoint is a leading provider of scalable
Myanmar road development project underway
April 20, 2018
A new road development project in Myanmar is now underway. The work will see and improved connection between Paletwa and Zorinpui. The project is being carried out by the Indian contractor C&C Construction. The work is costing US$245.3 million. The deal was awarded in mid-2017 but construction work has been delayed until all the necessary approvals have been given.
Polish tunnel contract awarded to consortium
April 20, 2018
The contract for the Swinoujscie Road Tunnel in Poland has been awarded to a consortium that comprises the contractors Astaldi and Ghella.
Thailand’s dangerous days for festival
April 20, 2018
Thailand’s recent Songkran Festival period saw a worrying spike in road crashes and fatalities. There were 418 road deaths over the seven day festival period, held in April, an increase of 7% over the 390 fatalities recorded for the event in 2017. The Road Safety Centre's report said that the number of crashes during the seven day festival hit 3,724 for 2018, compared with 3,690 in 2017, while injuries grew to 3,897 in 2018 from 3,808 in 2017.
Hamburg road tunnel refurbishment commences
April 20, 2018
The delayed work to refurbish one of the tubes for the Elbe Tunnel in Hamburg has now commenced. Work to refurbish the other tube is set to commence shortly. This upgrade is required to improve the tunnel link, which carries a very heavy volume of traffic passing along the A1 Autobahn. This stretch of highway is amongst the busiest in Europe and carries a high percentage of truck traffic. The delay was due to construction activity being carried out on the A1 Hamburg Südost and the Süderelbbrücke bridge.
Germany’s electric avenue providing truck charging
April 20, 2018
An innovative electric highway trial project is now being prepared in Germany. The work will see a section of the busy A5 Autobahn route being equipped with overhead wires, which will be used to power electric trucks
Heavy haulage tie-up between Goldhofer and Trail King
April 20, 2018
A new partnership has been agreed between Goldhofer and Trail King Industries, two of the leading players in the market for heavy equipment haulage. German firm Goldhofer and US company Trail King will now promote and support each other’s products both in the United States and around the world. The two firms say that working in partnership will allow them to provide improved customer support globally. Customers will also benefit from an expanded portfolio while continuing to rely on existing long term
Time extension for Paraguay project financing
April 19, 2018
A time extension has been offered to the consortium that will build Paraguay’s Ruta 2 and Ruta 7 highway projects. This extended period has been authorised by Paraguay’s Ministry of Public Works and Communications (MOPC). The highway contract is being handled by the Rutas del Este consortium, which is made up of the contractors Mota Engil, Ocho A and Sacyr. Originally the financing package for the highway deal was to have been in place by April 14th 2018. However the consortium’s deadline for the PPP
India mega highway project connecting cities
April 19, 2018
India’s Road Transport and Highways Ministry is working on plans for a new high speed road link connecting the capital, New Delhi, with the key economic and industrial centre, Mumbai. The route will form part of the country’s new highway network and is expected to cost in the order of US$15.3 billion to construct. In addition, another highway project has been proposed that will be linked to the planned New Delhi Mumbai route. The new inter-city highway will be tolled and will reduce travel times between New
Work restarting for airport link tunnel in Perth, Australia
April 19, 2018
Tunnel driving work is now recommencing on the new link that will connect Perth, Australia with Forrestfield Airfield. Work was halted for two months when first one and then the other TBM being used encountered unexpected geological problems. The geological issues have now been addressed and one of the TBMs is being restarted, with the second also expected to recommence tunnel driving work in a few weeks. In all, the project is costing US$1.4 billion (A$1.8 billion). The new link is expected to reduce