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Nicaraguan investment
April 25, 2012
Loans worth at least US$110 million will help fund road projects in Nicaragua in agricultural areas. The Central American Bank for Economic Integration (CABEI) will provide Nicaragua with a short term loan of close to $61 million for a series of improvements to the national road network, some 11 sections overall. A further $50 million is already available, with another $11 million due in the week commencing 23 November 2011. In addition an extra $50 million will come from the World Bank (WB) and CABEI for r
Liebherr’s Austrian pit stop
April 25, 2012
Liebherr’s duty cycle crawler crane was used by a specialist dredging company for dragline application work in Austria. Kiesabbau Wiedemann used the HS 845 HD to extract gravel from the gravel pit of the ARGE S 33 joint venture in Grafenwörth near Vienna. Using the dredging method around 200,000m³ of gravel and sand were extracted, temporarily stored and then loaded for further transportation. Equipped with a powerful 350kW/469 hp six-cylinder diesel engine, Liebherr says the durable steel structure of its
Call for mobile phone drive ban
April 25, 2012
US states are being urged by the National Transportation Safety Board (NTSB) to ban drivers from using mobile phones and other electronic devices. The NTSB's call comes after an investigation by the agency noted an increasing number of road accidents caused by distractions.
Spanish firm carrying out Chilean projects
April 25, 2012
Spanish contractor Sacyr is to work on two major highway projects in Chile in Concepcion and Iquique, as well as a 78km road in the Tarapaca region. The firm will finance the work using a loan of US$390 million from Chilean financial services company CorpBanca. The 78km road will cost $113 million, while $276 million will be spent on the work linking Concepcion and Cabrero.
Massive Kuwait project to be awarded
April 25, 2012
South Korean contractor Hyundai Engineering looks set to win the deal to build Kuwait’s Subiya Causeway project. The award of the deal for this massive US$2.6 billion project has been delayed several times so far but is now on track to be awarded by the end of 2011. It still requires parliamentary approval but has been given approval from Kuwait's Central Tenders Committee (CTC). Hyundai Engineering submitted its bid, the lowest of several made, for the project in February 2011.
Kosovo highway wins environmental award
April 25, 2012
Bechtel-Enka's Kosovo highway project has won the top prize in the Bechtel's own 2011 Green Footprint Awards for environmental achievements. The Bechtel-Enka joint venture project team was praised by judges for the campaign to reduce, reuse and recycle waste, which was unprecedented in the local area.
Motorbike accidents in Italy fell 9% in 2010
April 25, 2012
According to a report by ACI and Istat, the number of accidents involving two-wheeled vehicles in Italy fell 9% year-on-year in 2010 to 74,367 incidents. The number of deaths has fallen 20% since 2007, although 103 motorcyclists were killed by collisions with fixed objects.
Kosovan highway ahead of schedule
April 25, 2012
In Kosovo, work is pushing ahead of schedule on the Route 7 highway to link capital Pristina with the Albanian border. Sections of the 120km highway have been opened, one year ahead of schedule. An official opening of several sections of the highway has been carried out by Kosovan leaders, including Prime Minister Hashim Thaçi, President Atifete Jahjaga, and members of Parliament, along with Albanian Prime Minister Sali Berisha and US representatives Eliot Engel (D- NY) and Gary Peters (D-MI) joined thousan
Montenegro and Bosnia co-operate on highway
April 25, 2012
Montenegro is to start work on a new highway project in cooperation with neighbouring Bosnia. The countries will work together on the Podgorica-Sarajevo highway and the two projects will be discussed by the governments of both countries soon. Meanwhile in nearby Serbia, the Ministry of Infrastructure and Energy has held discussion with the World Bank (WB) regarding a new loan of €100 million for construction of the Corridor 10 motorway.
Japanese input for Sudanese bridge project
April 25, 2012
A key agreement between the Sudanese Government and the Japan International Cooperation Agency (JICA) will see a new bridge being built in South Sudan. The US$90 million bridge will measure 560m long and will span the River Nile. A seven month feasibility study has already been carried out into the project for Sudan’s road and bridges ministry and construction is expected to take three years to complete. JICA has agreed to give technical assistance although it is not clear at this stage whether funding will