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 Indonesian Government has handed out contracts for the new Sunda Strait Bridge. Construction of the US$11 billion project is expected to commence in the first quarter of 2014.
Algeria’s Ministry of Transport is prioritising highway construction work for 2013. In all 13 motorway projects are due for completion in 2013, of which most will be North-South routes. Links from the new East-West highway to the country’s major ports will also be constructed, as well as a number of new roads to provide better connections to towns and villages in the south of the country. Algeria’s East-West highway is of key importance to the country and runs from the Moroccan border to the Tunisian border
