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

  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
    Read More
  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Kenya key road construction contract awarded
    March 28, 2017
    Contracts for a major highway project in Kenya have now been awarded. Two Chinese contractors will handle two sections of the new highway with the two portions of the project worth nearly US$175 million in all. The project involves improvements to the 206km road that runs through Isebania, Kissi and Ahero in Kenya to upgrade it to highway status. The project is of regional importance for East Africa as it will also connect with South Sudan and Tanzania and become part of a new road connection between the th
    Read More
  • Bangladesh highway deal
    November 23, 2020
    A major Bangladesh highway deal is announced.
    Read More

Highlighted Content