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.
Plans have been put forward for a new ring road around the Vietnamese city of Hanoi. The project is expected to cost in excess of US$4 billion to construct and the road could be as much as 330km long.
Plans are being made in Cambodia for a new tolled highway connecting Phnom Penh with the Vietnamese border at Bavet. The route for the highway is being planned by Cambodia’s Ministry of Public Works and Transport. Input for the project is being provided by the Japanese International Cooperation Agency (JICA). The new highway will cut travel time between Phnom Penh and Bavet to two hours, compared with up to five hours using the current road. The project will cost US$2.5 band should be completed in 2033. The
The construction of the world’s longest subsea road tunnel in Norway and a vital new link under the Bosphorus Strait in Turkey are among a host of exciting, major road tunnel-based projects currently being undertaken across the globe. Guy Woodford reports Sandvik DTi series tunnelling jumbos are being used for the excavation of Solbakktunnel, set to become the world’s longest subsea road tunnel.
