Australia road contract awarded to South Korean firm
The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
August 22, 2018
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The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, 1026 Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
A new four lane highway is planned in Vietnam, linking the city of Da Nang and Thua Thien-Hue Province. This 77km highway is due for completion by 2016. Vietnam’s Ministry of Transport of has awarded build-transfer-operate (BOT) contracts worth some US$540.5 million for the the La Son-Tuy Loan Expressway project.
The contracts for two major road projects have been awarded in Argentina. Both of the road contracts will be handled under the PPP model, having been awarded by the Argentine Government.
Jose Cartellone Construcciones Civiles will handle the contract for a 780km stretch of the C road corridor, connecting capital Buenos Aires with Mendoza, close to the Chilean border. Meanwhile a consortium comprising Paolini, Vial Agro and INC will handle the contract for 706km of road for the A road corridor, which is loc
The Bucharest-Constanta highway works in Romania have finished following the successful completion of the final Cernavoda-Medgidia and Medgidia-Constanta routes. The major US$427.41 million (RON 1.49bn) project, designed in the 1980s, was stopped several times and restarted due to problems with the feasibility studies, lack of financing and cancellation of the contracts with contractors. Meanwhile, Expert Proiect 2002 has been awarded a contract worth US$224,865.60 (RON 781,800) by the national roads author
