Skip to main content
  • 25775 results found

Search

New tunnel link proposed for Colombia
July 23, 2013
Even as work continues on La Linea tunnel in Colombia, the country’s government has received a proposal for an additional tunnel link. A consortium made up of Colombian companies and Italian firms has suggested building a new tunnel to link Quindio and Tolima. Odinsa, Mincivil, Impregilo and Salini are involved in the consortium and have suggested a PPP as being a possible model under which to construct the link, which could cost in the order of US$531 million and would be 8.5km long. The economic case for
New bridge planned for key Indonesia link
July 22, 2013
A feasibility study worth US$199 million will be carried out for the planned Sunda Straits Bridge in Indonesia. The bridge itself is expected to cost close to $20 billion to construct. It will be of major economic importance for Indonesia by providing a direct road link between the islands of Sumatra and Java. The link will connect Sumatra directly to Indonesia’s capital, Jakarta, and the bridge is expected to be 27km long in all. The Sunda Straits Bridge will actually be a series of links connecting the sm
Shaanxi, China US$1.34bn highway investment H1 2013
July 22, 2013
Shaanxi province in China saw a US$1.34 billion (CNY 8.20bn) investment in highway projects in the first six months of 2013, representing 58.6% of the total planned investment of $2.26 billion (CNY 14bn) for the whole of 2013. This year, Shaanxi province authorities aim to start seven highway projects stretching over 565km and continue the construction of nine highways with a total length of 559km.
New SF-Oakland Bay Bridge over budget and overdue
July 22, 2013
The project to replace the San Francisco-Oakland Bay Bridge is taking too long and is going over budget, according to California state officials. The officials claim US$1.28 billion had been spent for the replacement of the damaged eastern span by 2004, with the cost continue going up. A projected $20 million repair was announced on 10 July 2013 after the failure of 32 steel rods in stress tests. The 3.54km structure has yet to be completed after nearly 10 years. Cost projection has increased to roughly $6.
Guatemala’s Inter-Oceanic corridor is of national/public interest
July 22, 2013
The Guatemalan government has recently announced that the Inter-Oceanic corridor project, involving a four-lane motorway, a railway, two ports and industrial parks, is of national and public interest, as it will allow the country to position itself strategically for global trade. Such a large scale project is expected to attract foreign investment, create new jobs and enlarge government coffers in terms of taxes. Infrastructure investments of US$ 7 billion- $8 billion have been calculated. The first interna
Paraguay ‘needs about US$5bn’ to modernise transport infrastructure
July 22, 2013
According to consultancy firm Nippon Koei, Paraguay needs about US$5 billion to modernise all its local transport system over a period of ten years, encompassing roads, railway and air. Road projects worth $2.21 billion are currently being carried out using government funds. Remaining investments for road infrastructure have been calculated by Nippon Koei at $1.6 billion from Public-Private Partnerships, followed by $374 million from private funds, and public funds ($1.05 billion). About 15% of roads are in
Bonds for biggest US beltway road priced cheaper
July 22, 2013
The US$2.6 billion, 30-year municipal bonds issued to pay for the longest traffic beltway in America are reported to be priced cheaper at around $97, with a higher yield of 5.15%. Bloomberg claims the bonds for the Grand Parkway in Houston – a 290km (180 miles) road circling the city - could have been sold by the Texas Department of Transportation during a much healthier market period from as early as April this year. Also known as Texas State Highway 99, the Grand Parkway opened its first section in 1994.
Costain lands major A160 UK road contract
July 22, 2013
Costain has won an Early Contractor Involvement (ECI) contract to improve the A160, from the junction with the A180 at Brocklesby Interchange to the Port of Immingham, near Grimsby, north Lincolnshire, England. The project design aims to reduce traffic congestion and improve journey time reliability to meet the needs of current traffic flows and predicted growth in traffic resulting from existing and future developments. The project also seeks to improve safety for road users and the local community. Works
CEA ‘Money, Markets and Machines’ conference approaches
July 22, 2013
The CEA (Construction Equipment Association) is busy finalising its ‘Money, Markets and Machines’ conference mapping the future of the Construction Equipment industry. As with all the previous CEA conferences, a number of key speakers from the construction and related industries will be sharing their business experiences with like-minded delegates, which include professionals from construction equipment manufacturers, suppliers, distributors, and other associated organisations.
Construction work will start shortly on major Indonesian tollroad
July 22, 2013
In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec