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 tender process will commence in early 2017 for a new highway project in Turkey. Work on the new highway is expected to commence in the second quarter of 2018 and should take around five years to build. The first tender will be for a 100km section of the route although the highway will be around 352km long in all once it is complete.
Financing for Slovakia’s new D3 highway project will be sourced from the European Commission. The D3 lies in the north of this small country and the project has been the focus for intensive discussions over its importance and even, the need for its construction. When it is complete the D3 will connect with Poland and the Czech Republic and will help improve connectivity in the area, and it is this point that the Slovakian Transport Ministry has used as a bargaining tool in its discussions in Brussels. It is
Sandvik Construction is among leading equipment manufacturers playing a key role in building a network of road and rail tunnels on one new and one existing transport route in and around the Russian coastal city of Sochi as part of a US$47.75 billion investment in preparations for the Sochi 2014 Winter Olympics. Guy Woodford reports
Sandvik Construction’s tunnelling equipment team in Russia have been very much in demand over the past three years. Since 2010, they have been overseeing the seven Russian c
