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 Laos Government is planning to build a network of six interlinked roads that will cost in the order of US$3.98 billion. The Laos Ministry of Public Works and Transport says that the network will comprise some existing roads that will be upgraded to meet Asean highway standards, as well as new road sections. In total this new network will measure some 2,374km long. One of the six new highways will be built using the routes of the existing Road No 7 and Road No R3, connecting the province of Bokeo and the
Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
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