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Metro Manila’s infrastructure projects worth more than US$240mn
May 9, 2013
Infrastructure projects valued at US$244.23 million (PHP 10bn) have been introduced by the Department of Public Works and Highways (DPWH) in the Metro Manila region of the Philippines. The majority of the new projects are said to be locally funded bridge and road developments. Plans are being proposed to develop a four-lane vehicle tunnel which would run along the intersections of Paseo de Roxas and Makati Revenue. The tunnel, along Sen Gil Puyat Avenue, has approaches of 140m long and the tunnel section is
Interest mounts in Euro Auctions’ debut US auction
May 9, 2013
Nearing 400 construction machinery and industrial equipment lots already set to go under the hammer on June 26th, the first US auction for Euro Auctions at its recently acquired site in Newnan, near Atlanta, Georgia, USA is on course to be a real success. The Northern Ireland-founded auctioneer’s American auction debut includes lots from consignments from some of the largest rental companies in the US and other regional dealers and rental companies.
TranspoQuip Latin America 2013 exhibitor registration opens
May 8, 2013
Exhibitor registrations are now being taken for TranspoQuip Latin America 2013 taking place in São Paulo, Brazil from 3-5 December 2013. Billed as the biggest industry event for safer, efficient and comfortable infrastructure for transport, via land, water and air in Brazil and the rest of Latin America, and now in its sixth edition, this year’s exhibition and conference will take place in the Red Pavilion at the Expo Center Norte. After five years of consecutive growth, the latest TranspoQuip Latin America
The FIRM 13 event is attracting strong industry interest
May 8, 2013
Strong industry interest will ensure a large attendance at the FEHRL Infrastructure Research Meeting 2013 (FIRM13). This event is being held from 4-6th June 2013 at the Diamant Centre in Belgian capital Brussels. This key event is gathering over 250 transport infrastructure innovation and research experts, including European and national policy makers, leading industry and standardisation agencies. The theme for FIRM13 is Advanced and Innovative Construction and Maintenance and the event will feature sessio
Deutz achieves 40% new orders value increase in Q1 2013
May 8, 2013
Deutz has revealed a 40% increase in its new orders during Q1 2013 compared to the previous trading quarter. The Cologne, Germany-based diesel engine manufacturing giant said the significant new order rise represented a continuation of an encouraging trend that emerged in Q4 2012. New orders for Deutz were worth €388.5 million in the first quarter of 2013, compared to new orders valued at €276.6 million in Q4 2012. The new order value for Q1 2013 was also in line with the €390 million reported for Q1 2012.
Chinese firm Shantui is targeting the CTT show in Russia
May 8, 2013
The Chinese equipment manufacturer Shantui intends to capitalise on the strength of demand for machines in the Russian market by focussing on the upcoming CTT show in Moscow. The 2013 CTT Expo is being held from June 4th-8th in Russia’s capital and Shantui will display its most popular models on a 945m2 outdoor booth (F-6/3) at the event. The products being highlighted include the SD16, SD22, and SD23 bulldozers, which are Shantui’s highest-selling units in the Russian region. Also being featured at the ex
NHTSA data shows 5.3% rise in US road accident deaths in 2012
May 7, 2013
An estimated 34,080 people died in road accidents in the United States in 2012, up 5.3% on the year before, according to a new report from the US National Highway Traffic Safety Administration (NHTSA). The reported deaths figure is the highest since 2008. In 2012, the US NHTSA said the fatality rate or the number of people killed for every 100 million vehicle miles travelled was 1.16, compared to 1.1 in 2011.
Abertis looks at new US$20.89bn Brazil motorway projects
May 7, 2013
Spanish infrastructure operator Abertis is reportedly interested in participating in new motorway projects valued around US$20.9 billion (BRL 42bn) planned by the Brazilian government. However, Abertis said its main interest remained in short-term investment projects which will be connected to its own motorways. As a result, the company may be participating in the BR-050 motorway project, expected to demand an investment of $1.142 billion (BRL 2.3bn). Abertis is also reported to be considering the acquisiti
Russia transport infrastructure cash for 2018 FIFA World Cup
May 7, 2013
New transport infrastructure in Russia will be created from a US$4.178 billion (RUB 130bn) federal budget pot for boosting transport, energy supply, communications, utilities, and safety infrastructure ahead of the country hosting the 2018 FIFA World Cup. Meanwhile, a further US$3.857 billion (RUB 120bn) is to be spent on the reconstruction of sport facilities ahead of the international football showpiece event. To pay for the huge infrastructure spending the Russian government is reported to have ordered
Hyundai opens new facility in Brazil
May 7, 2013
Hyundai Heavy Industries has completed its first construction equipment factory in Brazil. The 562,000 m2 factory represents an investment of US$175 million and will have a production capacity of 3,000 units/year initially. It will produce excavators, wheel loaders, and backhoe loaders, and the firm also has plans to increase capacity to 4,000 units/year by 2014. This new Brazilian plant will serve as the South and Central America base helping Hyundai Heavy secure market share, and provide better service to