Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion.
March 1, 2012
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906 Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion. The complexity of the project is the cause for the cost increase. The tender process for the project should commence by mid-2012. The project will be for a 13km length and much of it will run underground, with the route crossing seven districts. Work is expected to begin in 2014.
The opening of a new bridge in Kazakhstan that spans the Irtysh River is now offering a shorter route for drivers. The link is 12.3km long and is now the longest such structure in Central Asia, while the project cost around US$157 million. Its length was necessary as the bridge crosses a floodplain area, with a channel that can widen considerably following periods of heavy rain. Located in the country’s Pavlodar region, the bridge cuts the route used previously by over 40km. The bridge is expected to carry
A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all.
South Korea is planning a series of highway projects, with existing routes to be expanded and new stretches to be built. The country’s Ministry of Land, Infrastructure and Transport has set out a programme of works that will run until 2020. The work planned includes widening 10 existing highways as well as constructing a further 13 new highways. Construction of the roads will help to generate 290,000 jobs and deliver an economic benefit to the country expected to reach US$77.35 billion. The South Korean Gov
