Ecuador roadworks to be funded by US$367mn Chinese loan
The Ministry of Transport and Public Works in Ecuador (MTOP) has announced that a Chinese loan of US$367 million will fund the restoration of the Catamayo-Gonzanama-Sozoranga-Macara and Celica-Cruzpamba-Y del Muerto roads.
March 21, 2014
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The Ministry of Transport and Public Works in Ecuador (MTOP) has announced that a Chinese loan of US$367 million will fund the restoration of the Catamayo-Gonzanama-Sozoranga-Macara and Celica-Cruzpamba-Y del Muerto roads.
The number of journeys on privatised motorways in Chile will increase 23% to 70million a year by 2015, according to the Ministry of Public Works (MOP). The MOP says electronic tags will be more common by then. Along Five South motorway alone, the MOP predicts there will be 16million journeys a year by 2015, 3million more than at present. The government is said to be working on various projects to ease traffic along these roads. Route 5, Autopista del Sol; and Route 78, Santiago-Valparaiso and Santiago-Los A
The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
