The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
IRF Sets International Benchmark for Road Safety Auditors The International Road Federation released a set of minimum qualification guidelines for professionals conducting road safety audits and inspections as part of a global road safety gathering in Brasilia.Speaking at the 2nd Global High Level Conference on Road Safety, IRF Executive Vice President Mike Dreznes noted that design standards alone cannot guarantee road safety in all conditions. “The IRF strongly supports the extended and expanded use of ro
Choosing the correct high performance binder material for use in asphalt applications has been made easier following a product rebranding exercise by one company. Awareness among highway maintenance contractors of the benefits of selecting polymer modified bitumens when specifying road surfacing materials has risen markedly in the last few years.
