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Photo of the month
February 9, 2018
This fire red performance car features a familiar prancing animal logo and is aimed at those with a need for speed, but who live in more congested urban environments
Zambia road surfacing upgrade
February 8, 2018
Work is starting on an upgrade for a 100km stretch of road in Zambia. The route connects Nchelenge and Chiengi districts and will benefit from a new asphalt surface. The project is costing US$77 million and is being carried out by the contractor Sinohydro Zambia. Delays to the work have been caused by heavy rains however. The Zambian Government has paid an initial $3.8 million for the work to be carried out and the project is expected to take two years to complete.
Stonehenge tunnel plans revised
February 8, 2018
Plans for the £1.6 billion Stonehenge Tunnel bypass in the UK have now been revised.
Vietnam considering major tunnel construction project
February 8, 2018
Vietnam is considering a major tunnel construction project that would boost connectivity. The project would be for a 1.3km tunnel running underneath the sea at Vietnam’s Cua Luc Bay. This would boost transport for Quang Ninh city and has an estimated project cost of around US$346.5 million.
Brazilian firm’s assets to see acquisitions
February 8, 2018
Brazilian road concession company Arteris is interested in acquiring a number of assets from Odebrecht Transport (OTP). The two road concessions currently managed by OTP that Arteris is showing interest in are the 851km Rota do Oeste network in Mato Grosso and the 297km Rota das Bandeiras road network in Sao Paulo. These are the biggest road concessions managed by OTP at present, as well as being the only two for which OTP has a 100% stake.
Spanish road firm deal
February 8, 2018
The European Commission has given the go-ahead for an acquisition of Spanish highway firm Abertis by German construction company Hochtief. Hochtief is itself a subsidiary of Spanish construction firm ACS but the EC ruling says that there are no competition issues in the markets affected by the deal. Spain’s highway concession market is covered by a regulatory system to minimise the risk of any one company reaching a position that is too dominant. With the EC ruling having been given on the deal, Spain’s
Europe’s single vehicle crashes
February 7, 2018
A third of road deaths in the EU are caused by collisions that involve a single motorised vehicle where the driver, rider and/or passengers are killed but no other road users are involved. Nearly 7300 road users lost their lives in 2015 in SVCs in the EU. Around 94,800 people have died in such collisions in the last 10 years. Across the EU, the total number of people killed in SVCs was cut by 43% over the period 2005-2014. Deaths caused by collisions of this type have fallen a bit faster than road dea
The cost of crashes impacts on GDP
February 7, 2018
A report from the World Bank shows that low- and middle-income countries could be up to 22% wealthier if road deaths were halved in their countries. The report, The High Toll of Traffic Injuries, was released in December 2017. It studied the effect of road traffic crashes in five countries that are part of the Bloomberg Initiative for Global Road Safety Programme 2015–2019: China, India, the Philippines, Tanzania, and Thailand. According to the report, if these countries achieved Sustainable Development
Construction machine sale source online
February 7, 2018
A new private network platform has been developed that I designed to make it easier to sell construction equipment worldwide. Called Krank, this online company-to-company network is designed for trading large items of capital equipment, both regionally and internationally. This trading system allows companies to create private networks between each other and trade large items such as cranes, wheeled loaders, trucks or excavators. The site acts as a private sale room with users able to customise their
China to set up “international courts” for Belt and Road disputes
February 6, 2018
China plans to set up an “international court” for settling disputes among companies participating in Belt and Road transportation infrastructure work, according to Chinese media. The Global Time newspaper – with strong links to the communist government – reported that Chinese companies are facing more foreign-related lawsuits as they step up investment and business in countries covered by Beijing’s Belt and Road Initiative. The report called Belt and Road “a brainchild of Xi”, referring to Xi Jinping