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Empresas ICA and CDPQ enter partnership for road projects
April 17, 2015
Mexican construction company Empresas ICA has entered a partnership with Canadian investment company CDPQ to carry out joint road projects in Mexico. Under the arrangement, subject to Mexican government approval, ICA holds a 51% interest in the partnership and CDPQ will pay US$197.17 million to ICA for its 49% equity share of the new business. The companies are planning four projects: the Mayab motorway, the Rio-Verde-Ciudad Valles motorway, the La Piedad bypass and the Acapulco tunnel. ICA carries
Romania to start work on the Sibiu-Pitesti A1 section in 2017
April 17, 2015
Work will start on the 120km Sibiu-Pitesti section of Romania’s A1 Freeway in 2017, Romanian media report. Around €1.6 billion will be spent on the route that will run through 20km of mountains. In February, the National Highway and Roads Company, CNADNR, selected the Milan-based Spea Ingineria Europea and Tecnic Consulting Engineering of Romania to update the feasibility study on the section, which is part of Romania’s A1 Freeway. But that contract has been challenged and will be scrutinised by th
Innovation for the Equipment sector at INTERMAT 2015
April 17, 2015
INTERMAT 2015 is the scene of some major innovations for the equipment sector. Much of the focus is again on the engine sector with the likes of Cummins, Deutz, Kohler/Lombardini, MTU and Yanmar all amongst those suppliers unveiling new low emission diesels. These new engines are cleaner than ever before while also offering benefits in terms of lowered fuel consumption and extended service intervals.
Bigger and better INTERMAT show
April 17, 2015
INTERMAT is well-established as one of the biggest international shows for the construction equipment, machinery, technology and materials sector. This year INTERMAT and World of Concrete have pooled their expertise and reputations to launch World of Concrete Europe (WOC Europe). This collaboration will better meet the needs of the European concrete market by providing a comprehensive view of the sector.
Komatsu’s ‘unmatched’ HB215LC-2 hybrid excavator at INTERMAT 2015
April 17, 2015
Among Komatsu’s stars at INTERMAT 2015 will be what the Japanese manufacturer says is its still ‘unmatched’ third generation hybrid hydraulic excavator – the HB215LC-2.
Venezuela: Valle-Coche motorway expansion to have largest viaduct
April 17, 2015
The Ministry of Land Transport in Venezuela has announced expansion plans for the Valle-Coche motorway in Caracas that will include the largest viaduct in Venezuela. The project, worth nearly US$200million, will involve work on 7km of road, an elevated section over the BusCaracas Los Ilustres bus station, bridges alongside the El Pulpo interchange, as well as another bridge over El Valle River. Bridges over the interchange will have four lanes in each direction and a fourth lane will be added to the r
Ethiopia announces three road projects worth over $240 million
April 17, 2015
In Ethiopia, three road projects worth over US$240 million will be built as part of the country's fourth road sector development plan. The government will fund the projects using its own resources. The first project is the 83km Sodo-Tercha asphalt-concrete project, costing around $84 million and to be built by China Railway Seventh Group. Completion is scheduled for 19 months. The second project, worth $102 million is the 99km Bilbela-Sekota road project, scheduled to take 39 months and to be built
Canada: Champlain Bridge deal awarded to SNC-Lavalin consortium
April 17, 2015
The Canadian government has awarded a multi-billion dollar contract for the Champlain Bridge in Montreal, in the province of Quebec, to a consortium led by SNC-Lavalin. The firm, based in Montreal, will design, build, maintain and operate the toll bridge under a 35-year public-private partnership deal worth between US$2.5-$4.1 billion. The consortium called Signature on the Saint-Lawrence Group includes Spanish firms Dragados Canada and ACS Infrastructures and the US firm Flatiron Construction. Other
Luanda corridor project for Angola
April 17, 2015
The new Luanda corridor project in Angola will receive funding worth in excess of US$216 million. Phase two of this project to build new corridors for public transportation in Luanda Province is due to commence shortly. The $14.1 million contract to supervise the project will be handled by DAR Angola. Meanwhile Brazilian construction firm Odebrecht has a $202.6 million contract to build the new transport corridors.
Major highway projects for Indonesia
April 17, 2015
A series of major highway projects are in planning for Indonesia. A joint venture comprising Waskita Karya and Jasa Marga is now taking over Solo-Kertonoso Toll Road project. This follows a move by Thiess Contractor Indonesia (Thiess), which sold its 95% equity in the Solo-Kertonoso Toll Road project to the joint venture for US$33.65 million. Construction is commencing in May 2015. The 177.7km road, which is to be built as part of the Trans Java Highway, will link the cities of Kertonoso and Solo via Ngawi