A series of road projects is being awarded in Nepal. The announcements over the winning tenders for 13 projects is being made in Nepal’s capital Kathmandu. Financing worth US$300 million is being provided from Indian sources.
August 11, 2017
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A series of road projects is being awarded in Nepal. The announcements over the winning tenders for 13 projects is being made in Nepal’s capital Kathmandu. Financing worth US$300 million is being provided from Indian sources.
New elevated expressways will improve transport in Bangladesh. The Asian Development Bank (ADB) is providing US$1.2 billion in financing for the new Dhaka-Northwest international project. This will be managed by the country’s Roads and Highways Department under the Road Transport and Bridges Ministry's Road Transport and Highways Division.
Rural roads in Nepal look set to benefit from an upgrade programme, with partial funding from the Asian Development Bank (ADB). The Nepalese Government has set out plans for its Rural Connectivity Improvement Project, which targets upgrade work for 388km of rural roads. These links will be surfaced and financial support of US$100 million for the work will be sourced from the ADB.
Russia’s Federal Antimonopoly Service has cancelled the results of a tender for construction and maintenance of the fifth section of the central ring road in the Moscow.
The FAS made the announcement following an investigation based on a complaint from Stroygazconsulting, one of Russia’s largest infrastructure construction companies.
The 23-year contract was awarded to the Koltsevaya Magistral. Stroygazconsulting complained that the bids for the contract, worth nearly US$752 million, were not evaluate
A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all. The roads include the BR-163, BR-364 and BR-153 in the Central West region, and the BR-476 stretch in the South, in addition to the Rio-Niteroi Bridge in Rio de J
