Skip to main content
  • 25775 results found

Search

Brussels ring road to separate local and transit traffic in bid to ease congestion
October 31, 2013
The Flemish government is planning to separate local and transit traffic on an enlarged Brussels ring road in a bid to ease congestion in the north of the city. Earmarked to start in 2016 the €380 million project, which would create special lanes for local and transit traffic, would involve major road work. The Brussels government is divided over the plan, with some officials saying that it will only encourage more traffic in the long run. Apart from the ring road plan, the Flemish government is also con
Colombia’s ANI launches US$742.09mn Mulalo-Loboguerrero road tender
October 31, 2013
Colombia's National Infrastructure Agency (ANI) has launched a near US$742.1 million (COP 1.4 trillion) tender for a double-lane road between Mulalo and Loboguerrero. All interested parties have ten working days to object the terms and conditions set for this tender. The project involves a road of 31.8km, including 11km of tunnels and more than 2km of bridges. Ten consortia have been pre-qualified for this project already.
3M forecasts US$350mn 2013 Russia turnover
October 31, 2013
3M expects to post a turnover of US$350 million (RUB 11.129 billion) in Russia this year – an increase of 16.6% on the $300 million (RUB 9.539 billion) posted in 2011, according to its CEO Inge Thulin. Russia accounts for 1% of total annual turnover for the globally renowned manufacturer of innovative products for transport, industry, healthcare, energy efficiency, security and other spheres. 3M estimates that developing countries will capture 40-45% of its total turnover within five years, up from t
Malaysia’s construction boom has peaked, says new Business Monitor report
October 30, 2013
Malaysia’s construction boom has reached its peak, according to a new Business Monitor (BM) report on the country’s infrastructure investment. The leading global independent business research data provider’s report states that Malaysia’s construction activity in Q2 2013 represented the lowest pace of expansion since Q4 2011. BM expects this slowdown to intensify, primarily due to falling demand for residential and non-residential buildings, as well as concerns about Malaysia's fiscal position. These concer
Yanmar acquires 6.26% of Manitou capital and voting rights
October 30, 2013
Yanmar has acquired 6.26% of the capital and voting rights of Manitou. The move, through shares acquired from the French bank Société Générale, comes as the two construction equipment manufacturing groups are enhancing their strategic alliance by expanding cross distribution into Mexico and Latin America. Takehito Yamaoka, president of Yanmar, said, “Manitou is well-respected as the market leader in telescopic handlers, so it is exciting for Yanmar to have a closer relationship with them through this capi
Telensa’s bright future after UK street lighting firm achieves 20% sales growth
October 30, 2013
Telensa, a leading UK-based ‘smart’ street lighting technology company, achieved sales of US$13 million and pre-tax profit of $2 million for the year ending 31 March 2013. The sales growth of just under 20% on the US$10.9 million achieved in 2011-12 is said to be the result of the company securing contracts from further UK street light contractors and local authorities for its PLANet (Public Lighting Active Network) wireless street light central management system (CMS).
Serbia planning transport infrastructure improvements
October 30, 2013
The Serbian Government is preparing its plans for a programme of transport infrastructure improvements and upgrades. According to the country’s Ministry of Transport, the work is desperately needed to improve Serbia’s dilapidated transport infrastructure. The poor state of the country’s transport network is said to cost the country’s economy some €500 million/year, as well as resulting in an excessive number of road deaths and injuries. Serbian highway company Putevi Srbije is currently working on improvem
Chilean Government develops secondary road investment scheme
October 30, 2013
A new programme of works in Chile will see major maintenance being carried out on the country’s extensive network of secondary roads. The plans have been set out by the Ministry of Public Works (MOP) and the works will be offered under a new concession framework that is planned to be announced in the first quarter of 2014. The works will require up to 30% of the MOP's annual budget, some US$594 million. Meanwhile MOP has also signed a deal with the highway operator Autopista de Aconcagua. This will see upgr
Deals struck for two major highway projects in Yibin, China
October 30, 2013
Plans are in hand for a US$616.6 million highway project in Yibin, China. China Roads, Xingtai Road and Bridge Construction and Sichuan Yibin Yili Group have signed concession and investment agreements for the Yibin-Yiliang and Yibin highways with the authorities in the city of Yibin. Work will commence before the end of this year on the western section of the 39km Yibin boundary-crossing highway. The project is expected to take three years to complete. Meanwhile, work on the 130km Yibin-Yiliang highway wil
New highway to connect Uzbekistan capital
October 30, 2013
In Uzbekistan work is commencing on a key link of the highway connecting capital Tashkent to Osh. The 58km section of the A373 being improved runs though the Kamchik mountain pass and needs to be upgraded due to wear and tear from the winter weather conditions as well as being widened to handle growing traffic levels. The work will be completed by mid-2014 and is costing some US$211 million. The existing road features a single lane running in either direction. The work involves widening the highway so that