Key project for India

In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
February 15, 2012 Read time: 1 min
In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million. The project will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening a 102km section of NH-8 from Ahmedabad-Vadodara to six lanes. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway. The work is expected to take three years to complete. The 25-year concession deal for the project has been agreed between IRB Ahmedabad Vadodara Super Express Tollway unit of 2700 IRB Infrastructure Developers and 292 National Highways Authority of India (NHAI).). Meanwhile, a joint venture is being established for a 25.5km road project to connect Kattupalli port and Ennore port in Chennai. The joint venture will comprise Ennore Port, L&T Ship Building and 2701 Tamilnadu Industrial Development Corporation (TIDCO) and the road will be constructed on a build, operate and transfer basis. The project is expected to cost $81.5 million.
Highway & Network Management

Related Content

  • Delhi raised expressway proposed
    March 20, 2025
    A new raised expressway is being proposed for India’s capital, Delhi.
    Read More
  • Key Chilean connections
    November 27, 2012
    Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge. The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million. Bidding is expected to close in early 2014 and the winner will be selected and the contract awarded. Work should start in 2015 and the completion date will be in 2019. A
    Read More
  • New Arizona freeway project commencing
    March 1, 2016
    A new freeway project is planned in Phoenix, Arizona. The joint venture for this design-build and maintain project will be led by Fluor Corporation. The package of works was awarded by the Arizona Department of Transportation (ADOT) and is for the Loop 202 South Mountain Freeway. This freeway project will be the first procured under Arizona’s public-private-partnership statute.
    Read More
  • A new highway is planned connecting Turkey with Romania through Bulgaria
    May 24, 2012
    Discussions are now underway on a new highway to connect Turkey with Romania. A major stretch of this new highway will run through Bulgaria, which will provide a much-needed link in the country as it has insufficient express road infrastructure at present. The Bulgarian section of the highway would run from Ruse to Svilengrad. The political leaders of Bulgaria and Turkey, as well as Qatar, have been in discussions over the proposed project
    Read More

Highlighted Content