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The Vietnamese Government is giving its approval for the construction of a new tolled expressway connecting Phan Thiet with Dau Giay. The work will be carried out under the PPP model. Building the expressway will improve transport connections to the coastal area around Phan Thiet. Dau Giay is located just to the east of Ho Chi Minh City, so the new link will provide an important transport connection that will boost the economy for Phan Thiet. This deal comes shortly after the announcement of a new 85km str

The Serbian Government has secured a financing package to help pay for a key highway project. A loan worth €385.8 million is being provided by China’s Export-Import Bank for the construction of the Preljina-Pozega highway. In addition, the Serbian Government is also being provided with an €867 million loan from China’s Export-Import Bank for the development of the Novi Sad-Subotica railway line.

The authorities in St Petersburg are setting out plans for a series of road improvement and expansion works. A budget of US$678.6 million has been set to assist in financing the road works. In all 25 road projects are being planned. Two key projects are for building the Yuzhno-Volkhonskaya Road and the Southern Latitudinal Highway (Phase I). Another two key projects are for the upgrades of the the Petrozavodskoye Highway and the Primorskoye Highway (Phase II). All four of these projects should commence in 2

Thailand is looking to support a major highway project that will connect with its neighbours. A new 138km highway link will improve transport connections between Thailand and Myanmar’s Dawei Special Economic Zone. This route will likely receive financial support via Thailand’s Neighbouring Countries Economic Development Cooperation Agency (NEDA). This is just one of several projects NEDA is aiming to assist. NEDA is in talks with representatives of a number of neighbouring countries such as Laos and Cambodi

Switzerland will soon tender for companies to build and supply a mobile system for physically shifting traffic away from road crews – the Astra Bridge concept. The federal highways agency - FEDRO - will be asking general contractors to submit bids starting this summer for the Astra Bridge system, according to the agency. The system, to be used on motorways, includes ramp sections at each end of what amounts to a train of elevated connected road sections. Vehicles run onto the top of the train which is

Volvo CE and SDLG are further deepening their corporate cooperation. From December 2020 excavators weighing 15tonnes or more that are made for the Chinese market will now bear the Volvo CE brand. These machines will also feature the latest Volvo CE technology. This is a marked change from the present situation, with Volvo CE and SDLG selling their separate products in China. However with the coming introduction of the China IV emission standards, the excavators weighing 15tonnes or more will feature the