Skip to main content
  • 25775 results found

Search

World pothole day to highlight road repair requirement
March 20, 2015
The response to the calls for the proposed National Pothole Day have been so strong that organiser Street Repairs is now planning a World Pothole Day. This will be on March 25th.
Nepal highway project now moving forward again
March 20, 2015
The Nepalese Government is now moving forward with its plans for the Kathmandu-Tarai Fast Track highway project. The Indian firm Infrastructure Leasing & Financial Services (IL&FS) has been awarded the contract to prepare a detailed project report (DPR) for the project. Following earlier issues with regard to sourcing suitable financing, the Nepalese Government now plans to construct the highway link using the Public-Private Partnership (PPP) and build-own-operate-transfer (BOOT) model. The maximum cost of
Mobile machinery sales help Deutz in year end 2014 results
March 20, 2015
Deutz reported new orders received in 2014 totalled €1,379 million, which was 16.4% below the record figure reported for 2013 (€1,649.7 million). The number of engines sold rose by 6.7% year on year from 184,028 units in 2013 to 196,403 in 2014. This was largely due to stronger demand in the mobile machinery application segment. By contrast, new orders fell significantly in the automotive and agricultural machinery application segments. Corporate revenue was up 5.3% to €1,530.2 million (2013: €1,453.2 milli
San Miguel Corp is among bidders in Cavite-Laguna re-auction
March 19, 2015
San Miguel Corporation, Metro Pacific Investments Corporation and an unidentified firm reportedly are bidding in the US$1.25 billion re-auction for work on the Cavite-Laguna Expressway. The deal involves building, operating and maintaining the 47km four-lane toll road for 35 years under a public-private-partnership. The sum includes a $448 million bid price, equal to the premium offered by SMS subsidiary Optimal Infrastructure Development during the first tender for the project in June 2014. San Miguel was
Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
March 19, 2015
A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
Budimex consortium win Poland’s Ostroda ringroad court case
March 18, 2015
A district court in the Polish town of Olsztyn has ruled in favour of a consortium of Budimex and Ferrovial Agroman which challenged the awarding of a ringroad contract to a rival. The ruling means that the Salini consortium’s winning bid for the construction of a ringroad around Ostroda is overturned on the basis that it was ineffectually low. This means that the contract will go to the Budimex consortium which proposed to build the road for around €223 million. Polish builder Budimex is the consortium's m
Romania plans up to 90km of highway construction this year
March 18, 2015
Between 80-90km of highway will be constructed in 2015 to add to Romania’s national network of around 700km. Narcis Neaga, general manager of the Romanian National Company for Highways (CNADNR), made the announcement. He also said that only 50km were built last year, which was less than half that constructed in 2013. It was also announced that a Romanian consortium comprising Lemacons, Vega 93 and Arcada had signed a contract with CNADNR this month, worth nearly US$43 million. The consortium will build a mo
Tunisia: Kairouan-Sousse motorway tender due in September
March 18, 2015
The invitation to tender for the Kairouan-Sousse motorway will be issued in early September, according to Tunis Afrique Press. Mohamed Salah Arfaoui, the Tunisian Minister for Infrastructure, Housing and Territorial Development, made the announcement, saying that the project is expected to cost around US$70 million. Financing will be aided by the World Bank, he added. Meanwhile, construction started in November on the last part of the Trans-Sahara Highway connecting the Algerian capital Algiers to the Niger
Seoul street sitters disrupt traffic all because of a dare
March 18, 2015
Traffic on an eight-lane road through one of Seoul’s wealthiest districts was disrupted for half an hour by two men sitting in chairs in the middle of the road. It wasn’t a political protest but reportedly a dare agreed by the men, in their 20s, to see who could last the longest sitting in the road, the fashionable Gangnam Avenue. The two men were sitting in the road for half an hour before police arrived to arrest them, Korean media reported. A witness apparently said they didn’t appear afraid of getting h
Seoul, city of contemplation and the 25th World Road Congress
March 18, 2015
It’s been a decade since South Korea’s capital city Seoul took the bold step of replacing a major urban throughway with a park, complete with a river, to create the Cheonggyecheon Walkway. Now, Seoul is getting ready to host the 25th World Road Congress from November 2-5. The event is being produced in cooperation with the Ministry of Land, Infrastructure and Transport of the Republic of Korea, the Korea Expressway Corporation, the Korea Road & Transportation Association and the PIARC Korean National Commit