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€180 million for Bosnia highway
July 6, 2012
The EBRD is investing in the largest infrastructure project in Bosnia-Herzegovina (BiH) to date by lending €180 million to the state to construct key sections of the Trans-European Corridor Vc. A key transport artery linking BiH with the rest of Europe, Corridor Vc starts in Budapest, Hungary and ends in the Adriatic Port of Ploce in Croatia. It runs north to south through the centre of BiH, and is the most strategically important link for regional trade and economic development. The €180 million EBRD finan
Hungarian spending plans
July 6, 2012
The Hungarian national motorway company Nemzeti Infrastruktura Fejleszto (NIF) is planning to spend €3.02 billion on rail and road infrastructure projects during this year. Key highway projects include the construction works on 51 trunk road sections, 14 highway sections and there will also be six rail infrastructure projects. The total length of new rail and road infrastructure will extend for a total of 865km. Construction works will be carried out on the M0 ring road, on the M3, M6, M9 and M43 highways a
Slovak funding under scrutiny
July 6, 2012
The European Bank for Reconstruction and Development (EBRD) is appraising an application for the financing of several highway sections that the Slovak government has decided to build under a public-private partnership (PPP) programme. A consortium of environmental and energy focused NGOs has been making its case about “the troubling implications of these projects.”
Skanska adapts volume decline
July 6, 2012
Measures are to be taken by Skanska to adapt to an anticipated decline in activities in the Nordic area. The measures are expected to affect 2,000 employees in Sweden and 1,400 in the remainder of the Nordic region at a cost of approximately €56 million, says the company. In Skanska’s nine-month report for 2008, the group announced that several construction and residential development markets are weakening. A review of the current order backlog and anticipated order bookings has indicated a volume decline o
Dutch move forward on road pricing
July 6, 2012
Companies are being invited to consult with the Dutch government on systems for road pricing. Camiel Eurlings, the Dutch Minister of Public Works, Transport and Water Management, said that he would like market parties to play a leading role in this process, which involves developing, together with businesses, certification requirements which the future road pricing system must meet.
UK: 50 Years of motorways
July 6, 2012
On 5 December, 2008 Britain’s motorway network celebrated its 50th anniversary, and to mark the occasion the Road Users’ Alliance (RUA) published ‘50 Years of Motorways,’ which claims that from a slow and modest start (over 30 years behind its European neighbours) the UK network has never managed to catch up. According to the publication, in the 1960s and early 1970s motorways were viewed as a route to renewal and prosperity. The network made some headway and grew to 2,500km; it crawled a further 1,000km ov
Support for Poland’s A1
July 6, 2012
The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con
Iconic bridge dismantled
July 6, 2012
The iconic Dunlop bridge at Donington Park motor racing circuit in the UK has been carefully dismantled as part of preparations to get the track ready for the 2010 British Formula 1 Grand Prix. The pedestrian bridge straddled the circuit in for more than 30 years, but now it is planned to re-erect the bridge elsewhere on the revamped circuit venue (the position has to be decided). Even with the work on the £100 million (€112 million) redevelopment taking place, Donington Park will still host 500,000 visitor
Pump it up
July 6, 2012
Vietnam's ministry of health has prompted comment and bemusement in the country after saying that people with chests measuring less than 720mm will no longer be allowed to drive motorcycles. The proposal comes as part of health criteria requiring Vietnam's drivers to be in good physical health to try to improve safety on the roads in a country where motorcycles account for 90% of vehicle traffic. However many Vietnamese people are slight of stature and this particular proposal has generated considerable amu
Together again
July 6, 2012
A Brazilian woman was killed in a road accident, by her dead husband's coffin. The incident happened on the way to the man's funeral, a day after he had died from a heart attack at a dance. The hearse the woman was travelling in was hit from the rear by a fast moving Alfa Romeo and the coffin slid forward in the crash, breaking her neck and killing her instantly. The woman's son and the hearse driver suffered only minor injuries in the accident, while the driver of the Alfa Romeo also escaped serious injury