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 Italian construction equipment manufacturer body Unacea has revealed comprehensive information on machine sales and exports. The data shows that construction machine sales in Italy grew 12% in the first nine months of 2014. However exports fell 7% and Unacea believes that the export performance of Italian manufacturers on the world market will have shrunk by the end of the year compared with the figures for 2013.
Over the first nine months of 2014, construction equipment sold in the Italian market sto
Planning is underway for the highway connecting Moscow with Kazan, via Nizhny Novgorod. The tendering process will commence in 2020, with construction then expected to commence in either late 2020 or early 2021. A budget for the project has been set by Russia’s state-owned road company, Avtodor. The initial plans called for the highway covering the 742km between Moscow and Kazan to be complete by 2024. However, it now seems likely that the route, which passes Vladimir, Dzherzhinsk, Niznhy Novgorod and Chebo
