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 is underway for two major projects in Poland. One project involves constructing three sections of the new southern ring road around Polish capital Warsaw. Building the 18.5km stretch that comprises the three sections is expected to cost in the region of €1.6 billion. The Polish General Directorate for National Roads and Motorways (GDDKiA) says that bids have to be submitted by 10th October 2014. The A section will be some 4.6km long, the B section 6.45km long, whilst the C section will be
According to Business Monitor International (BMI), Qatar is expected to spend US$80-100 billion over the next five years to prepare and deliver the infrastructure required to support the huge influx of visitors forecast to attend the 2022 FIFA World Cup.
