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Serbia’s transport infrastructure pipeline reaches €5.5bn
June 16, 2016
Serbia has around €5.5 billion worth of transport infrastructure projects either in progress or in preparation, according to the government. Of the €5.5 billion of contracts, around €3 billion is for roads under construction. Minister of infrastructure, Zorana Mihajlovic, said that around 90km or motorway will be completed this year and another 200km will be rehabilitated. Among these projects is construction of the Nis-Merdare motorway. In the past two years around 170km of motorways were built. Amon
Pakistan secures loans for the M4 Khanewal and Shorkot section
June 16, 2016
The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan
Improving vehicle safety in Latin America
June 15, 2016
Stop the Crash hosted its Latin America Launch recently in Santiago de Chile. This is bringing the global partnership to the region to promote the latest in life saving crash avoidance technologies. Following the global launch of Stop the Crash at the 2nd Global High Level Conference on Road Safety in Brasilia in November 2015, the partnership has been holding a series of events across the globe. These are promoting the importance of active safety systems. The Latin American launch specifically focused on t
Liebherr’s strong results
June 15, 2016
Liebherr reports a record turnover for 2015 at €9.237 billion. This is the highest figure in the Liebherr Group’s history and represents an increase of €414 million or 4.7 % over with 2014. Some €751 million was invested in the business in 2015. Business in Western Europe saw an increase in turnover. Among the contributing factors were positive developments in Germany, the UK and the Netherlands. Sales revenue dropped, however, in France, the Group’s third-largest market. Turnover increased in volume
UAE interchange project on track
June 15, 2016
Work on a major interchange project in the UAE is on track. The US$184.3 million interchange project includes building a new road link to Abu Dhabi’s International Airport. The work is complex, with 5.6km of connecting roads, 4.8km of bridges and an overpass and underpass that provide a connection for the E12 route leading to Yas Island. Highway widening work is also included as well as the construction of secondary roads and a new drainage system to handle floodwater. The work has been needed to meet antic
Greek highway due for completion
June 15, 2016
Work on a major highway route in Greece is due for completion in March 2017. The country’s economic woes have resulted in delays to numerous road projects, however the Corinth-Patras route will be ready for traffic in March 2017. This will improve transport connections between Greece’s second largest city, Corinth and its third largest city, Patras.
India’s highways plan to link the country
June 15, 2016
India is working on a master plan that will boost transport across the country. This calls for the construction of a grid pattern of highways, with the concept strongly influenced by the US interstate system. The four-lane, national highway corridors plan has been developed by the National Highways Authority of India (NHAI). This envisages a total of 27 highways set out on a grid pattern and with a total length of 36,600km, with north-south and east-west routes spaced some 250km apart. The plan calls for
Mota Engil to upgrade Paraguay’s Transchaco
June 15, 2016
Portuguese engineering and infrastrucure firm Mota-Engil and the Paraguayan company Concret Mix were the soul bidders for a turn-key contract to repair and upgrade Paraguay’s Route 9 Transchaco. The national highway project, costing nearly US$500 million covers around 530km. The Transchaco starts in Asunción – Paraguay’s capital and largest city - and ends at the border with Bolivia, traversing 835km. Work includes widening by a metre the 6m-wide highway that crosses the semi-arid Paraguayan Chaco, on
Parsons selected for transport awards in California
June 15, 2016
The California Transportation Foundation (CTF) has selected two projects carried out by Parsons for the 27th Annual CTF Transportation Awards. These are the I-15 Integrated Corridor Management System (ICMS) for Operational Efficiency Program of the Year and the Foothill Gold Line extension for Transit/Rail Project of the Year. As the I 15 ICMS integrator, Parsons installed its cutting edge Intelligent NETworks product to help connect multimodal and multiagency transportation systems along a 32km section
Construction industry recovery continues
June 15, 2016
The latest report from Europe’s contractor association, the FIEC, shows that the recovery of the construction industry should continue, but at a slower pace. The FIEC reports a 2.4% recovery in activity in the overall EU construction industry in 2015 and forecasts an increase of 2.1% in 2016. “After reaching the bottom in 2013 activity is slowly recovering in the construction industry,” said FIEC Vice-President Jean-Louis Marchand, responsible for economic issues, as he presented FIEC’s annual statistics