A new CAD $100 million ‘super road’ is earmarked for False Creek, an inlet in Vancouver, Canada. City transportation planners said the project could follow the imminent removal of the Dunsmuir and Georgia viaducts. This would allow city authorities to reclaim two blocks in the middle of Gore and Quebec streets, leading to the construction of retail housing space measuring 850,000sqft and a new super road from Pacific Boulevard.
The European Commission has launched proposal calls worth €350 million for TEN-T (the Trans-European Transport Network) related projects.
The proposal calls relate to all EU Member States and TEN-T projects for road, air, railways, maritime and inland waterways.
Commission vice president Siim Kallas, responsible for transport, said, “With the 2007-2013 budgetary period coming to an end, we will make the best possible use of these TEN-T Calls for Proposals to make sure European transport infrastructure sup
A consortium consisting of Heilit+Woerner (a subsidiary of Austrian company Strabag) and Budimex, has signed the contract to build a section of the S5 expressway between Poznań and Wrocław, Poland, with a gross value of about €138 million.
Vietnam is considering selling its ownership in several major highways to help pay for more road projects.
The Ministry of Transport (MoT) recently said that the government’s infrastructure investor body Vietnam Infrastructure Development and Finance Investment (VIDIFI), would sell 70% of its ownership in the Hanoi–Hai Phong Highway project to a buyer from India.
The move is part of a strategy that could see Vietnam sell off more of its investment in highway projects, either under construction or complete
