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Malaysia tollway acquisition deal
September 2, 2019
The Malaysian Government is working on its proposed strategy of taking over 15 highway links in the country. This move is intended to help boost transport efficiency and reduce journey times for drivers. Should the arrangement go ahead as planned, the aim is to eliminate tolling on the routes by 2038. The highways that the Malaysian Government hopes to acquire are currently owned by Gamuda, IJM Corp, Plus Malaysia and Projeck Lintasan Holdings. These include the North South Expressway, one of Malaysia’s key
Alabama bridge and highway project gets clearance
September 2, 2019
Environmental clearance has been awarded by the US Federal Highway Administration (FHWA) for the Interstate 10 Mobile River Bridge and Bayway project.
Serbia-Bosnia highway project funding being secured
August 30, 2019
The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works
Poland’s road expansion continues
August 30, 2019
New road projects are being planned in Poland, with a further 11 now having gained official approval. Worth some €185.6 million, the projects include the construction of a new ring road around the town of Walcz in the north west of the country. Work on this ring road is expected to commence in 2023 and take until 2025 to complete. Another ring road project being planned is for the resort town of Augustow, in the north east of the country, which should also be completed in 2025.
Kuwait spending on infrastructure development
August 30, 2019
Kuwait is boosting its spending on infrastructure development works in the Al-Mutlaa area.
Thailand motorway link now being planned
August 30, 2019
A new 18km motorway link is being planned in Thailand that will cost an estimated US$1.2 billion. The highway will be an extension of the existing Don Muang Tollway. This will provide an improved connection between the existing M5 and M6 motorways as well as Nakhon Ratchasima, lying to the north east of capital Bangkok. The tender process for this 18km tollway extension project is expected in 2021, with two contracts being offered. The project is likely to be handled under the PPP model, with actual constru
Chilean road improvements planned
August 30, 2019
Chile is planning a series of road improvements that will help boost connectivity. An additional budget of US$150 million has been secured by Chile’s Ministry of Public Works (MOP), in addition to the $1.4 billion already budgeted for road works. Some $2.8 billion worth of road projects are being opened for tender by MOP. These include the Carretera de la Fruta highway and the Ruta Los Vilos-La Serena route.
Malaysia’s major tunnel project moving forward
August 30, 2019
Construction work is starting on Malaysia’s massive Penang Roads and Tunnels project.
Indonesia’s massive bridge project being planned
August 30, 2019
A massive bridge project is being planned for Indonesia that will play a key role in the country’s development of its new capital. Building the 7.35km Balikpapan-North Penajam Paser bridge will provide a connection to Penajam. Constructing the bridge is expected to cost over US$1.02 billion, with work expected to start in 2020. The bridge will be tolled. Serious issues are impacting on Jakarta, with the city suffering heavily from pollution and congestion, as well as its land area sinking. This combination
Eight Tips to Getting the Most ROI from Your Sealcoating Equipment
August 29, 2019
Maximizing return on investment doesn’t take a mathematician.