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Chinese contractors win preferred status for Bolivian road repairs
October 27, 2015
A series of major road rebuilding projects in Bolivia look likely to be handled by Chinese contractors. The Bolivian Government is deciding on the Chinese firms that will carry out road infrastructure works in the country. This decision follows from a loan provided via the Chinese Government loan worth US$7.5 billion. There have been criticisms of the link between the loan and Chinese firms being allowed a greater chance of winning repair contracts. But this has been deflected by the Bolivian Government, wh
Skanska is awarded Sørkjosen Tunnel contract in Norway
October 27, 2015
Skanska has won the T02 Sørkjosfjell Tunnel Contract as part of the government’s Highway E6 improvement project in the county of Troms, northern Norway. Norway’s rail administrator Statens Vegvesen awarded the €50 million contract for the 4.6km Sørkjosen Tunnel -- its common name -- and work is scheduled for completion in July 2018. According to the OJEU document Contract T01 consists of the open air road from the breakwater in Sørkjosen to tunnel portaling at Mølnerelva, a length of 870m, as well as
Bankia and FCC sell Globalvia to OPTrust, USS and PGGM
October 27, 2015
Investment bank Bankia and Spanish construction firm FCC have sold their 50-50 joint venture infrastructure management firm Globalvia to three pension funds for €420 million. Madrid-based Bankia and FCC -- Fomento de Construcciones y Contratas, based in Barcelona -- said their decision to sell their holdings was part of their plans to divest non-strategic businesses. Globalvia manages public-private partnerships, of which 90% are in Spain. Purchasers are UK-based USS, OPTrust in Canada and Netherlands-ba
India mulls feasibility of bridge over Palk Straight to Sri Lanka
October 27, 2015
India will carry out a feasibility study on a road link between Rameswaram in Tamil Nadu state and Thalaimannar in Sri Lanka, a federal government minister has said. "It needs the consent of both countries,” said Union minister of state for road transport, highways and shipping, Pon Radhakrishnan. “The project needs to be discussed at various levels," according to a brief report by India’s Hindu newspaper. Radhakrishnan told the reporters that federal government had begun consultations to carry out a
Costa Rica: Conavi gets more time and funds for road maintenance
October 26, 2015
Costa Rica’s road agency Conavi has extended the deadline and increase funds by $154 million for road repair and maintenance contracts. Contracts will be extended for the companies involved which include Constructora Meco, Grupo Orosi, Quebradores del Sur, Constructora Hernan Solis and Conansa. The Treasury Inspector's Office made the announcement, according to El Pais newspaper. Meanwhile, four banks are considering an investment in the 60km San Jose-San Ramon Road Expansion Project. They include
Chile rules out proposal for a Santiago-Valparaiso route through La Dormida
October 26, 2015
Chile has shelved a proposal for a new road route between the inland capital of Santiago and the Pacific Ocean port of Valparaiso through the mountain called La Dormida. The new route, proposed by Grupo Costanera, would have needed a 68km tunnel through La Dormida. Chile’s Ministry of public works was considering a single investor for a package that would have included upgrades to the existing Route 68 between the two cities and also a new route. However, these two projects will remain separate and be
Sri Lanka secures ADB loan of $800m towards latest road revamps
October 26, 2015
The Asian Development Bank will loan US$800 million to Sri Lanka toward phase three of the country’s Integrated Road Investment Programme. The programme will improve more than 3,100km of rural roads and nearly 250km of national roads at a total cost $906 million. Work will take place in Sabaragamu provinces, Kaluthara District, Central, North Central and North Western Provinces. Sri Lanka recently announced that $292 million has been secured from the Japan International Cooperation Agency for a new
Bangladesh investing heavily in roads
October 23, 2015
In Bangladesh, the draft detailed design of the US$5.14 billion Dhaka-Chittagong highway has been approved by the government. The feasibility study to execute the plan has already been completed. The highway will measure 198km in length. The project is to be implemented under a public-private partnership (PPP) basis.
Vancouver’s 10-lane bridge replacement for Massey Tunnel remain undecided
October 23, 2015
Construction of a 10-lane bridge to replace a congested river tunnel in Vancouver, Canada, is still on target to start in 2017, despite details remaining sketchy.

The bridge will replace the 60-year-old George Massey Tunnel between the local cities of Richmond and Delta along the provincial Highway 99. But the cost and – importantly – whether it will be a toll bridge have not been declared by the British Columbia provincial government.
Chile announces road projects, including for the Autopista del Sol
October 23, 2015
The Chilean government has announced around 800 road projects for 2016, mostly linked to road concessions, costing about US$1.44 billion. Schemes include those on the Autopista del Sol motorway, such as a third lane between Santiago and Talagante, an alternative access to Penaflor, improvements to the Talagante link and a control centre. In addition, a $5.2 million stop-and-go tag-type toll payment system will be introduced for Autopista del Sol, which will be similar to ones on Ruta 5 Sur between Angost