Work on a 39km toll road linking Pemalang with Batang in Indonesia is expected to start in mid-2012, although the finance structure is still being established.
February 23, 2012
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Indonesia toll projects Work on a 39km toll road linking Pemalang with Batang in Indonesia is expected to start in mid-2012, although the finance structure is still being established.
Funding for a road project in Spain is being set out by contractor Sacyr.
The savings banks Caixanova and Unicaja will provide the funding, which will allow work to be completed on a 24.5km stretch of the AP-46 toll road linking Malaga and Alto de Las Pedrizas as to date only half of the work has been finished on the €367 million project.
A further €200 million is required, with Sacyr providing the rest from its own sources.
According to the government of Indonesia, US$490.7 billion (IDR 6,000 trillion) will be needed in the next five years for a series of major infrastructure projects across the country including roads, bridges, power plants, ports and airports. The government hopes that investment projects like these will boost its economic growth rate to 7% per annum versus 5% this year.
This latest announcement follows on from an Indonesian government report last November, which unveiled plans to invest $35 billion in new
Technology from Stirling Lloyd is being used to waterproof the recently constructed Lusail Tunnel in Qatar. The construction of the tunnel is a major project as it forms part of a new US$30 billion integrated transportation system in Qatar. The new Lusail CP07-C-1-A Commercial Boulevard, Road A3 Troughs, Underpass and Tunnel project is designed to provide a connection from the recently established Lusail City to the heart of Doha in Qatar. The cut and cover tunnel provides fast access to the new Lusail City
