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Autovía del Pirineo has secured €182 million for the construction and operation of several sections of the A21 motorway in Spain’s northern Navarre region. Autovía del Pirineo is a subsidiary of Iridium Concesiones de Infraestructuras and a member of the ACS Group. International law firm Watson Farley & Williams said that it had advised a syndicate of banks and other European institutional funders on the procurement of senior debt facilities worth €182 million for Pirineo.

The IRF in Washington has given its IRF professional of the year award to Dr Kyung-Soo Yoo. A IRF fellow from the class of 1979 Dr Yoo has been one of the chief architects behind Korea's world-class road connectivity programmes. Established in 1951, IRF's Professional of the Year award recognises eminent public, private and education sector professionals with an outstanding track record of leadership and commitment to the road transport industry.

Work is now starting on a major tunnel project in the US state of Virginia. Construction of a second tunnel connection for the Chesapeake Bay is expected to cost US$756million. The original Chesapeake Bay Tunnel and Bridge crossing opened to traffic in April 1964 and measures just over 37km long. Construction of a second parallel bridge was commenced in 1995 and opened to traffic in 1999. However the central tunnel link was not widened at that time and now carries more traffic than it was designed for, whil

A new move by the Federal Highway Administration (FHWA) in the US will help improve safety for highway workers and road users alike. The FHWA has issued a guidance memorandum saying how states can recoup the cost of acquiring highway safety equipment as a direct charge on federal aid projects. According to the American Road & Transportation Builders Association (ARTBA), this move will help encourage innovation and competition in public and private sectors by allowing funding for new classes of construction

The Elizabeth River Tunnels Project in Norfolk, Virginia is now complete. This follows the earlier completion of the Midtown Tunnel and the MLK Expressway extension. The entire project has been completed around 12 months earlier than had been originally planned, helping to drive down costs for the work. With the new tunnels and expressway extension open to traffic, peak time congestion will be vastly reduced in the area around Norfolk. The region also carries large volumes of holiday traffic at times, so th

An agreement has been signed to pay for the construction of a new 34km road link in Nigeria’s River State. The new link will connect Bonny Island with Bodo, improving transport for this key industrial area of Nigeria. The agreement was signed jointly between the Nigerian Government, Julius Berger Nigeria, and Nigeria LNG. The road project is expected to cost US$331.62 million, with around half of the financing being provided by Nigeria LNG.

The cost of expanding the A94 autobahn between Pastetten and Heldenstein in Germany is likely to be 75% higher than originally estimated.

Bids are now being received for an important tunnel project in northern Poland. The country’s General Directorate for National Roads and Motorways (GDDKiA) has had four offers worth between €194 million and €259 million for the construction of the tunnel. The new link is planned to be built in Swinoujscie and will run under the Swina River to Uznam Island with Wolin Island.

A series of key road projects in Venezuela have fallen victim to the country’s overall financial paralysis, a result of its plummeting economy and its disastrous political climate. Insufficient finances have seen work to construct the La Verota-Kempis, Circunvalacion Sur-Caracas and Caracas-La Guaira highways now being stalled for two years.