Skip to main content

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.

Related Content

  • Uganda expressway connection; construction due to start
    September 25, 2019
    Construction work is due to start on the expressway project connecting Busega with Mpigi in Uganda. The contract was awarded to the Chinese construction firms China Civil Engineering Construction Corporation (CCECC) and China Railway 19th Bureau Group Company Limited. The companies have established a joint venture partnership to handle the work. The project is costing around US$147 million and the 24km expressway should take around three years to build. A loan from the African Development Bank is helping to
  • Modern road system is 'a must'
    August 2, 2012
    Australia's GDP could see a major increase if traffic bottlenecks in big cities were to be removed, and the government is addressing this as a matter of urgency A modern road system is a must in Australia where it is estimated that the removal of traffic bottlenecks could potentially raise the country's GDP by 0.8%. According to the Committee for Economic Development of Australia (CEDA), which made the prediction, infrastructure bottlenecks (particularly in cities, which account for over 70% of the country'
  • Kenya highway link upgrade planned
    June 19, 2017
    Plans are moving forward with regard to the upgrade work to the highway connecting Kenya’s capital Nairobi with the port of Mombasa.
  • Israeli Highway
    November 27, 2012
    Plans are in hand in Israel to widen a 21km stretch of the Road 6 highway and strong interest has been shown in the tender process. Also known as the Cross-Israel Highway and the Yitzhak Rabin Highway, Road 6 is a major transport artery for the country. The construction work required would be for widening of sections 3 and 7 of Road 6 and the project is worth US$880.6 million and also includes a 35 year concession to operate the route. Shafir Civil and Marine Engineering and Ashtrom Properties are now submi