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.
Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
India’s Road Transport and Highways Ministry is working on plans for a new high speed road link connecting the capital, New Delhi, with the key economic and industrial centre, Mumbai. The route will form part of the country’s new highway network and is expected to cost in the order of US$15.3 billion to construct. In addition, another highway project has been proposed that will be linked to the planned New Delhi Mumbai route. The new inter-city highway will be tolled and will reduce travel times between New
A survey by oil firm Castrol reveals that Indonesia’s capital Jakarta suffers the worst traffic delays of any city in the world. Turkey’s commercial centre Istanbul comes second in the congestion study, with Mexico City in third place. Castrol’s Magnatec Stop-Start Index says that Jakarta’s drivers suffer some 33,240 stop-starts/year, equivalent to 27.22% of their total travel time being stationary.
The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
