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

  • Highway upgrade underway for Vietnam
    January 9, 2014
    Work is underway on an important highway improvement scheme in Vietnam. The project involves upgrading the Gia Lai-Binh Dinh section of National Highway 19. The work is being carried out under the build-operate-transfer (BOT) model. The actual construction work is scheduled for completion during 2015. The project is costing US$95 million and involves work to a 56km section of the route. The concession package has been agreed under a 22 year deal.
    Read More
  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
    Read More
  • India unveils ‘economic corridor’ plans for 27,000km of roads
    September 21, 2016
    India has embarked on an ambitious 6-year plan to upgrade 27,000km of roads into economic corridors. The goal is to reduce traffic congestion and boost jobs in 30 cities, according to a report by the Times of India. Around 44 stretches of highway have been earmarked for improvement and construction will include ring-roads. Financing will be a mixture of private investment and public money. In addition, the government will develop another 15,000 km, which will serve as feeder routes to these corr
    Read More
  • Singapore road and tunnel contracts awarded
    May 29, 2018
    Contracts to construct new stretches of road and tunnels forming part of the North-South Corridor (NSC) project have been awarded by Singapore's Land Transport Authority (LTA). When complete in 2026, the NSC will improve connections between Singapore’s city centre and its northern areas. The link will be Singapore’s first integrated transport link, combining the new road connection for motor vehicles with dedicated bus lanes and cycling facilities. A contract worth close to US$603 million will be carried
    Read More

Highlighted Content