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.
Morocco is planning a new infrastructure programme. The country’s Ministry of Equipment, Transport and Logistics is introducing a new tender scheme for a study that will be used to establish the national road infrastructure scheme (Snir) by 2035.
Plans for massive highway construction projects have been unveiled in China. A 451km highway has been announced that will connect the cities of Yibin an Panzhihua. This is expected to cost as much as US$12 billion, with two firms carrying out the project under the build-operate-transfer model. Construction is due to commence later this year and is expected to take five years to complete. Meanwhile in Yunnan Province, the authorities are planning two highway projects worth a total of $3.75 billion. A new 50k
