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 Polish authorities are calling tenders for eight sections of a delayed stretch of the A1 highway. The 180km section is between Strykow to Pyrzowice and the tenders will be for design and construction work. The project is worth €1.8 billion and the contracts are expected to be signed in September of this year, with construction commencing in the second half of 2011 and due for completion in 2014. Meanwhile, over €84 million is being invested on a ring road construction project around Przemysl. Approval h
Turkish company Cengiz Insaat has reportedly been awarded the €115 million contract for the construction of the Suhodol-Tarcin motorway in Bosnia. The works, which will be done in cooperation with Bosnian company Euroasfalt, will include two tunnels. One of them will be 400m long, while the other will be 2.5km. Works are expected to be completed by 2014. Meanwhile, bids are now being offered for a major highway project in Bosnia. This follows the opening of the tender process for the project by Bosnian high
Chile’s growing traffic volumes are creating a growing problem for traffic management. In many urban areas in Chile congestion is increasing at a rapid rate. Capital Santiago is afflicted particularly badly in this respect. Traffic jams are now frequent on the main interurban routes in Chile, especially on toll roads, and the number of vehicles travelling on these roads continues to rise month after month, leading to major concern.
The Egyptian Government is opening the tender process for the Rod el Farag highway in July 2012. The highway project is expected to cost US$1 billion to construct and will be carried out in two stages. One section will run from Alexandria Desert Road to the Cairo Ring Road. Meanwhile the second section will run from the Cairo Ring Road to the eastern side of the Nile-Shoubra area and the Al Ismailia Canal Road.
