Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion.
March 1, 2012
Read time: 1 min
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.
Work on a new dual lane highway connecting La Paz with Santa Cruz in Bolivia is set to cost US$1 billion. The work will be complete by 2019 and the route will link La Paz with Santa Cruz, running through Cochabamba. The Bolivian Ministry of Public Works says that this project will be carried out in addition to previous developments to the road system between La Paz and Oruro. The project to connect different regions includes the 28km double lane highway for El Sillar, as well as tunnels and viaducts. This
The Black Sea Ring Road project will improve transport connections for the region - Eugene Gerden writes. Russia has officially started implementation of a project, known as the Black Sea Ring Road, which involves building a four-lane highway system connecting the countries surrounding the Black Sea. The Black Sea Ring Road is a substantial project, a highway measuring some 7,140km in all.
Among the countries participating in the project are Turkey, Georgia, Russia, Ukraine, Moldova, Romania, Greece and
