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.
Work on a new 550km-long coastal highway is to commence in northern Vietnam. The highway will be built across five provinces and will connect with Haiphong City. The planned route will run through the provinces of Thanh Hoa, Ninh Binh, Nam Dinh, Thai Binh and Quang Ninh. The project should be complete by 2020 should all go to plan and is to be carried out under the PPP model. The cost of the entire highway has yet to be revealed. However the 61km stretch through Thahn Hao Province looks set to have a pricet
There is mounting concern in the US at the high number of crashes during 2015. For the first seven months of 2015, there has been a 14% increase in the number of traffic fatalities compared with the same period in 2014. The data shows that there were 18,630 road deaths in this period, with over 2.2 million serious injuries. This is a notable increase and should the trend continue it will mean that 2015 will have had the highest rate of road deaths since 2007. The cause (or causes) of the increase in road de
Major plans are in hand in Thailand for transport infrastructure development. The country’s Ministry of Transport is revising its construction plans for a series of key transport infrastructure projects at present. Several selected plans will then be presented to the cabinet in mid-December 2015. A total of five public-private partnership (PPP) ventures are among projects that will be re-submitted to the cabinet for approval. Two of these PPP projects are highways that will cost an estimated US$3.9 billion.
CS Communication & Systèmes has announced the inauguration of the first Fast ETC lanes which the company developed on the A5 Expressway (Ruta Del Maipo) that links Puerto Montt in South Chile with Santiago Del Chile.
