Work recommencing on stalled Portuguese tunnel

In Portugal work is restarting on the stalled Marao tunnel project. The Portuguese Government has assured financing from the EU to complete the necessary work for the 5.7km tunnel. The contractor working on the project originally hit financial problems, resulting in the work grinding to a halt and the Portuguese Government cancelling the contract with the original concession holder. The cost of the project has estimated at €204 million and the EU may finance up to €200 million of this. The package of works
February 27, 2014 Read time: 1 min
In Portugal work is restarting on the stalled Marao tunnel project. The Portuguese Government has assured financing from the EU to complete the necessary work for the 5.7km tunnel. The contractor working on the project originally hit financial problems, resulting in the work grinding to a halt and the Portuguese Government cancelling the contract with the original concession holder. The cost of the project has estimated at €204 million and the EU may finance up to €200 million of this. The package of works necessary includes four contracts for the design and construction, two civil engineering contracts and one to implement a toll charging system. In addition the concession may imply an investment of €400 million for a 30 year concession package.
Road Structures Finance & Funding

Related Content

  • Machine control technology shortens road contract
    May 28, 2013
    The use of sophisticated machine control technology has helped halve the schedule required for a road contract – Jeff Winke. By using the latest machine control systems on the equipment fleet, a US contractor has managed to halve worker hours, machine time and overall costs. “We chopped 50% off the contract schedule,” said Jim Swenson, licensed professional land surveyor for Oregon Mainline Paving based in McMinnville, Oregon. “The project was completed a year ahead of the two-year schedule,” he explained.
    Read More
  • Portuguese tunnel and link road contracts awarded
    July 14, 2014
    A consortium of contractors comprising Teixeira Duarte and EPOS will handle the construction of Portugal’s Marao Tunnel. The consortium won the tender with a bid of €88.1 million. The tunnel will measure 5.9km long when complete. Separate deals for other sections of the route have also been awarded. The section at Amarante will be handled by Opway, which offered a €29.5 million bid. A consortium comprising contractors Ferrovial and Lena will handle the Vila real section, having offered a bid of €28.8 millio
    Read More
  • US$4.4 billion planned for Indian roads
    February 14, 2024
    US$4.4 billion of works are being planned for two Indian road projects.
    Read More
  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More

Highlighted Content