Venezuela’s new road projects planned

The Venezuela Government has plans in hand for 52 road projects that will commence during 2015. Close to US$42 billion will be invested in infrastructure projects. The Land Transport Ministry will invest $315 million and USD 911mn will be spent on road repairs and upgrades alone. Several major road projects are due to get underway and include the widening of the Valle-Coche highway and the La Rinconada-Caricuao and San Diego-Valencia tunnels. They also include the extension of the Francisco Fajardo road and
February 3, 2015 Read time: 1 min
The Venezuela Government has plans in hand for 52 road projects that will commence during 2015. Close to US$42 billion will be invested in infrastructure projects. The Land Transport Ministry will invest $315 million and USD 911mn will be spent on road repairs and upgrades alone. Several major road projects are due to get underway and include the widening of the Valle-Coche highway and the La Rinconada-Caricuao and San Diego-Valencia tunnels. They also include the extension of the Francisco Fajardo road and the second central pillar of the third bridge over the Orinoco River.
Road Structures Finance & Funding

Related Content

  • Bogota transport infrastructure boost
    April 26, 2016
    The Colombian Government is investing in road infrastructure development, with a large portion of the budget being directed to Bogota. The road infrastructure programme includes 22 projects that will help cut chronic congestion in Colombian capital Bogota. Construction works for Avenida Longitudinal de Occidente (ALO) road expansion are expected to start in the first half of 2016. These will run from the Mondonedo intersection to Boyaca Avenue, in the southern part of the city. The budget for this project i
    Read More
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
    Read More
  • New highway project for Venezuela
    January 21, 2014
    A Portuguese contractor is now commencing work on a new highway in Venezuela. The US$4.76 billion project is being handled by contractor Teixeira Duarte. The highway work is for a new link from la Guaira to capital Caracas. The Caracas–La Guaira highway connects capital Caracas, to the port city of La Guaira, capital of Vargas state, as well as Simón Bolívar International Airport. The coastal link has had some technical issues and new sections have had to be constructed.
    Read More
  • Preparations are underway for a new bridge in Venezuela
    June 25, 2013
    A large bridge project is being planned in Venezuela, with ground investigation leading the way In Venezuela, preparation work is now being carried out for a major new bridge project. The European geotechnical specialist Lankelma is supplying its Combifloat C5 jack-up platform, JUP Sandpiper, to begin work on the ground investigation for the new Puente Nigale (in English: Nigale Bridge) over Lake Maracaibo in Venezuela. The Nigale Bridge will be the second crossing over Venezuela’s largest lake. The link,
    Read More

Highlighted Content