India continues toll road investment

The authorities in India are continuing the process of investment in toll road projects and general road construction. Plans call for some US$27 billion of road projects to be awarded in India by the end of October 2013. Included in the plans are four toll road projects, such as for construction of the Agra-Lucknow expressway, an eight lane highway that will be carried out by Uttar Pradesh Expressways Industrial Development Authority. So far in 2013, only 479km of projects have been awarded by the National
October 2, 2013 Read time: 1 min
The authorities in India are continuing the process of investment in toll road projects and general road construction. Plans call for some US$27 billion of road projects to be awarded in India by the end of October 2013. Included in the plans are four toll road projects, such as for construction of the Agra-Lucknow expressway, an eight lane highway that will be carried out by Uttar Pradesh Expressways Industrial Development Authority. So far in 2013, only 479km of projects have been awarded by the 292 National Highways Authority of India. This is somewhat less than the original target of 3,000km by September 2013. This follows similar delays from last year. For 2012 a target of 9,500km was projected but only 1,116km of projects were awarded.
Road Structures

For more information on companies in this article

Related Content

  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • New international trade crossing linking Canada and US
    June 9, 2015
    The Detroit River is short, only 45km, and narrow in places, less than 1km. Around a quarter of the annual $658 billion Canada-US trade crosses over the river. That’s $160 billion worth of goods trucked each year between Detroit in the US state of Michigan and the Canadian city of Windsor in the province of Ontario - the Windsor-Detroit Corridor. There are several types of crossings, but the vast majority of commercial traffic must use the 2.3km Ambassador Bridge (see box). A new bridge was initially prop
    Read More

Highlighted Content