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Two consortia bid for US$924.84mn Colombia highway concession

April 17, 2014

Two consortia have bid for Colombia's US$924.84 million (COP 1.79 trillion) Conexión Pacífico 1 highway concession, the first project under the Autopistas para la Prosperidad program and part of the country's fourth generation (4G) of concessions. There were 10 prequalified consortia and the two to submit bids were Autopista Conexión Pacífico I, comprised of local firm Estudios y Proyectos del Sol (Episol) and Spain's Iridium, and Infraestructura Vial de Colombia, comprised of Colombian firms Carlos Albe

Vietnam needs over US$332mn for roads in 2014, says national funding body

April 17, 2014

The National Road Maintenance Fund of Vietnam requires over US$332 million (VND 7 trillion) to upgrade and fix roads in 2014, according to Le Hoang Minh, chief of the Fund’s Central Council. Of the total, almost $255.1 million (VND 5.4 trillion) will be used to upgrade and manage national highways, while the remainder will be allotted to cities and provinces to upgrade and maintain roads. Vehicle registrations are foreseen to contribute $217.31 million (VND 4.6 trillion) to the total amount required, with t

TRL acquires Transport & Travel Research

April 15, 2014

TRL has announced the acquisition of Transport & Travel Research (TTR) making it a wholly owned subsidiary of TRL. A minority shareholder in TTR since 2010, TRL has stated that TTR will continue to operate as an independent organisation. TTR’s chairman, David Blackledge, has stepped down from the Board to take on a role as Special Advisor, while TRL's chief executive, Rob Wallis, is appointed chairman of TTR (in addition to his other group company responsibilities) with immediate effect. All other operat

Cintra Infraestructuras wins major North Carolina, US highway contract

April 14, 2014

Spanish firm Cintra Infraestructuras, a subsidiary of Ferrovial, has been chosen by the Department of Transport in the US state of North Carolina (NCDOT) to design, construct, finance, operate and maintain the expansion of the I-77 highway. Design and construction within the US$655 million contract will be carried out by Ferrovial Agroman in collaboration with W.C. English, a local construction firm. The concession period is 50 years from when the highway opens to traffic - scheduled for mid-2018. Financing

Spain needs €6.5bn road infrastructure investment, says SHA

April 14, 2014

Spain needs around €6.5 billion spent on its road infrastructure to bring it back up to ‘reasonable’ quality standard, according to a report drawn up by the Spanish Highways Association (SHA). The huge works’ bill is said by the SHA to be due to the deterioration of the roads since 1985. According to McKinsey, this investment could be reduced if tendering authorities made more effort when it came to project analysis. By improving the use of engineering services by 3% to 5% per investment, cost savings of

Uruguay government pledges US$550mn for four major national roads

April 14, 2014

Uruguay’s Ministry of Transport and Public Works (MOTP) has recently presented proposals to the private sector on the modernisation and maintenance of four major national roads (26, 14, 55 and 20) over a ten-year period. A US$550 million government fund, known as Fondo Vial, will pay for the works, which will make Uruguay a real communications hub in the region, especially in light of a future deep water port. The national budget will remain unaffected.

Continued improvement in Swedish road safety

April 11, 2014

Sweden’s road safety continues to improve as highlighted by the latest official statistics. These show that a 9% drop in road fatalities for 2013 compared with the previous year. In all 260 people were killed in road crashes on Sweden’s roads during 2013. The official data was compiled by Trafikanalys and to put this in context, Sweden’s rate of road-related fatalities is now at its lowest level since 1944. It is worth noting that in 1944, there were comparatively few registered motor vehicles in Sweden whi

Strong interest in upcoming bC India show

April 11, 2014

The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning

Parsons wins UK traffic census contract

April 11, 2014

Consultant Parsons Brinckerhoff is now carrying out National Road Traffic Census counts across England, Scotland and Wales on behalf of the Department for Transport. This contract almost doubles the company’s previous activity in this area and it will now be managing 1,500 people to undertake over 6,000 traffic count surveys/year. The company is also introducing new le technology to this role and will be trialling a new in-house traffic survey iPad ‘app’. The firm is working closely with the Department for

Final shortlist revealed for ITF 2014 Summit Young Researcher of the Year Award

April 11, 2014

One of four young talented transport researchers will be presented with the 2014 Young Researcher of the Year Award in the presence of transport ministers from around the world at the International Transport Forum at the OECD’s 2014 Summit in Leipzig, Germany, on 21 May 2014. The jury’s final shortlist for the prestigious award includes Spain’s Francesc Soriguera who is nominated for examining whether real time information on travel time is helpful for drivers. His results show that this information is on