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Agreement signed for new Lagos-Dakar highway
February 3, 2016
A new agreement has been signed that will improve transport links between West African nations. The agreement for the new Lagos Dakar highway has been made by the Economic Community of Western States (Cedeao). In all five memoranda of understanding (MoU) were signed by Cedeao with the Chinese construction and public works company CGCOC Group. These MoU encompass the trans-western African coastal highway, as well as telecoms infrastructure, local civil aviation, railway links and the construction of the new
Egis wins Indian road operation and maintenance deal
February 3, 2016
Egis is now working on a new contract for Vindhyachal Expressway Private Limited (VEPL) on India’s National Highway 7. The three year concession is for the 73km National Highway 7 (NH-7), which connects the main city of Rewa and Hanumana of the Indian federal state of Madhya Pradesh. Egis is in charge of toll collection, route patrolling and incident management and routine maintenance of a section of the stretch (40 km) with one toll plaza of 6 lanes.
Italy seeing growth in construction machine sales
February 3, 2016
The Italian manufacturers of construction machines are seeing positive developments in market demand for off highway equipment. In 2015, construction equipment sales in the Italian market increased by 34% to 9,138 units, compared to the previous year. The sales results show that 8,813 earthmoving machines were sold, a growth of 32%, while 325 road machines were sold, a growth of 180%.
Balfour Beatty wins major UK road repair contracts
February 3, 2016
Balfour Beatty is now working on a seven year, €323.94 million (£245 million) highways maintenance contract in the UK. This package of works is for Coventry City Council, Solihull Metropolitan Borough Council and Warwickshire County Council. There is an option to extend the contract for a further three years. Balfour Beatty Living Places will work in partnership with the three Councils. This collaborative arrangement in the local authority highways market will provide a single source service provider acr
Improving safety for older drivers
February 3, 2016
A new report by the Institute of Advanced Motorists (IAM) shows that older motorists favour tighter health and ability tests on the over-70s to drive. The IAM report, Keeping Older Drivers Safe and Mobile, shows that most older drivers agree with tighter rules on checking health and suitability, even if those checks could take them off the road themselves.
IronPlanet and Finning plan UK machine auction
February 3, 2016
IronPlanet and Finning are planning a public auction of construction machines on April 20th 2016. This inaugural European auction will include quality used Caterpillar equipment and will be hosted by Finning. The auction will take at the Rockingham Motor Speedway in Northamptonshire. The event will be the first in a series of quarterly unreserved auction events across locations in the UK, aimed at buyers of used heavy equipment. The on-site auction will be supported by IronPlanet’s online marketplace, all
Spanish firm keen to develop Chilean projects
February 2, 2016
Spanish infrastructure firm Abertis is keen to develop a series of projects in Chile. In all the projects are worth over US$900 million. Abertis has presented these projects to Chile's Ministry of Public Works. This move follows the acquisition by Abertis of the remaining 50% stock holding in the country's Autopista Central motorway concession. This was bought from Canadian fund manager Alberta Investment Management (AIMCo) for over $1 billion.
Denmark’s road safety continues to improve
February 2, 2016
The latest data from the Danish Road Directorate (Vejdirektoratet) reveals that the country’s road safety continues to improve. The figures for 2015 reveal that road fatality levels have been reduced further. The data shows that in 2015 just 167 people were killed on the country’s roads, a further reduction from previous years. The number seriously injured or killed during December 2015 fell to 289, the second lowest figure for the past 10 years. The Danish Road Directorate predicts that safety measures are
Manitou reports good performance for 2015
February 2, 2016
French telehandler manufacturer Manitou reports good sales for its fourth quarter in 2015. The firm achieved sales of €333 million for its fourth quarter in 2015, an 8% increase over the same period in 2014. Meanwhile sales for the full-year were also up by 3% in 2015 at €1.287 billion compared with the full-year for 2014. The order intake for its equipment in the fourth quarter of 2015 hit €322 million compared with €298 million in the same period in 2014. And the order book at the end of the fourth quarte
New elevated roads being built in Jakarta
February 2, 2016
Jakarta’s chronic congestion problems look set to be eased slightly with the construction of two new elevated roads. These will be built over the Semanggi interchange in South Jakarta and work will commence in April 2016, with copmletion expected in 2017. The new links will connect South Jakarta's Kebayoran Baru and Ratu Plaza, East Jakarta's Cawang and West Jakarta's Grogol. The Japanese contractor building the new elevated links has also sourced the necessary funding for the work.