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 troubled tunnel construction project in Colombia to build the La Linea link has faced yet a further setback in its long tale of woe. The tender for the completion of the final 12% of the tunnel project has not managed to attract any interest from contractors. The budget for this work is an estimated US$77 million. A new tender process is being launched, with a submission deadline of 6th June 2017 and planned winner announcement on 4th July 2017. The contractor that had been building the tunnel failed to
A landmark tunnelling project is commencing in New Zealand - Kristina Smith reports. New Zealand is preparing to embark on its biggest transport project ever. In August it announced that it had selected its preferred bidder for the NZ$1.4 billion Waterview Connection in Auckland, 5km of new motorway connecting highways to the North and South of the city.
As part of the government’s plans to accelerate economic growth, a major expansion of India’s road network is underway
Many cities in India are set to benefit from the government’s ambitious plan to use infrastructure investment to boost the economy. There are currently 11 ongoing projects across India’s road network, funded by the World Bank. Once complete, the road network will make travelling more efficient and boost India’s economic activity.
The initiative will see the construction of new major
