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.
Land acquisition issues have stalled the start of construction of Bratislava’s orbital road by up to eight months. Work could begin this autumn, according to a report by the Slovak Spectator, because the government is working on laws that would allow construction before all land is acquired.
A series of major road projects is now getting underway in Poland, while tenders for new projects are also opening. Estimates suggest that the construction of six new ring-roads in the Opolszczyzna region will cost some €356 million. These ring roads all form part of the 2014-2023 National Road Construction Programme. The first projects to be carried out will be for the ring-roads around Mysliny and Niemodlina. In all, the National Road Construction Programme will include the building of 57 ring-roads.
Plans are being drawn up in Argentina for a new bridge that will connect Parana and Santa Fe. The project will be handled under the PPP model and involves the construction of a bridge and highway connection that is expected to cost US$650 million. The work will be carried out in three phases. South Korean contractor Hyundai has expressed strong interest in the project.
