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.
Indonesia is planning to construct more tolled highways as well as bridges. One novel proposal is for a new tolled road that will run along the sea dike protecting the Jakarta Coast. This new road is intended to lower congestion levels in North Jakarta by providing an alternative route to existing links.
Indonesia’s Transport Ministry is working with the Korea International Partnership Agency and the Dutch Water and Infrastructure Management Agency on the National Capital Integrated Coastal Development (NC
In Israel the authorities are well on track with the project to build northern extension of the Cross-Israel Highway. This road forms part of the US$7.98 billion Netivei Israel transport plan project. Israel's Ministry of Transport and Ministry of Finance will evaluate the tenders jointly and then announce firms that pass the prequalification stage at the end of September 2011. The companies that have prequalified are Electra, Ashtrom Properties, Minrav Holdings, Shafir Civil and Marine Engineering, Shikun
The planned 12km Karpaty Tunnel under the Lesser Carpathian mounts of Slovakia is again being questioned as the government awaits an environmental impact assessment.
