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.
Paraguay is opening the tender process for construction work on the Alberdi-Pilar road. The tender is being handled by Paraguay’s Ministry of Public Works and Communications (MOPC). Work on the 96km route will include surfacing and the project is expected to cost just over US$131 million. Financing is being provided in the form of a loan from Fonplata. The project will include building six bridges measuring a total of 2.3km, as well as installing hard shoulders and drainage along the route. The work will be
A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
