A new bridge in Ecuador will improve transport connections in the country.
February 29, 2012
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A new bridge in Ecuador will improve transport connections in the country. The opening of this new structure is of note as it is the longest bridge in Ecuador. The Bahia de Caraquez-San Vicente road bridge cost some US$102 million to construct.
A finance package has been secured for Colombia’s Pasto-Rumichaca fourth generation (4G) road project. A loan package worth US$$593.6 million from a series of backers will underscore the project. These are; the Overseas Private Investment Corporation (OPIC), Spain's credit institute Instituto de Credito Oficial (ICO), JP Morgan, MetLife, Banco Santander, Sumitomo Mitsui Banking, Mitsubishi UFJ Financial Group, Credit Agricole, and Bank of China.
The project is for work to an 83km section of the route, incl
Norway’s landmark tunnel project is due to open at the end of 2019. The Ryfylke tunnel will be both the longest and deepest undersea road tunnel built anywhere in the world when it opens to traffic. The new link connects the city of Stavanger with Strand in the district of Ryfylke. Two other tunnels form part of the project to build the new Ryfast link. These are the Hundvåg tunnel and the Eiganes tunnel, due to open in February 2020 once finishing and testing works have been completed. The opening of all t
A consortium formed by ICTAS of Turkey and the Italian firm Astaldi has won a tender to build a third suspension bridge over Istanbul’s Bosphorus. Despite criticism from planners and environmentalists, the 1.3km structure, the longest over the strait, has been given the go-ahead by Turkey’s Transport Minister, Binari Yildirim. A joint venture of local company IC Içtas Insaat and Italian Astaldi has won the tender for the project, and Minister Yildirim is reported as saying the bridge would be built in three
A Mexican contractor is now carrying out construction work on a new 8km road tunnel in the country’s Guerrero State. The project is expected to cost some US$272.6 million. The work is being carried out by the contractor ICA. The project will help improve connectivity for Acapulco. The country is pushing through a series of major infrastructure works in order to improve connectivity. Mexico’s vehicle population is also growing fast, reflecting the country’s economic development. The country’s capital, Mexico
