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 major highway project in the US state of Vriginia has been awarded to a joint venture team comprising Granite Construction, Parsons Corporation, and Corman Construction. The firms will handle the Interstate 64 (I-64) Southside Widening and High Rise Bridge, Phase 1 design-build contract, which was awarded by the Virginia Department of Transportation. Construction work for the US$410 million joint venture project is scheduled to commence in November 2017 and should be completed in July 2021.
A series of infrastructure upgrades are planned for Nepal that will help improve its economic development. A key infrastructure requirement for Nepal is the development of its road network. In a move to tackle the issue, Nepal’s Ministry of Physical Infrastructure and Transport has initiated the strategy for the development of roads in all 75 districts by 2022.
About US$7.5 billion has been estimated as being required for the completion of this project. Funding will require financing from internal sources
Engineering, environment and design consultancy Sweco UK has won the contract as the lead consultant on the Cross Tay Link Road project near Perth, Scotland. Sweco UK was appointed by Perth & Kinross Council under a €3.86 million contract as parat of the on the project whose value is around €124.5 million. Phase two of four of the Perth Transport Futures Project includes the realignment of a section of the A9 trunk road and provision of a bridge across the River Tay – the third across the river - and over t
