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.
In Angola’s capital Luanda, three key road projects have now been awarded, with the work intended to help improve urban traffic flow and cut congestion at peak periods. One project will be carried out by the Chinese contractor China Railway 20 Group International. This project is worth some US$142.3 million and is for the second stage of the South-West Luanda Boulevard, which will run along the coast. Contractor Tecnovia Angola will handle the work for the other two projects. One is the $1 billion project f
Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
SMEC is now working on two key projects in Australia. The company has been awarded the contract administration services contract for the Horse Park Drive extension in Canberra by the Australian Capital Territory Government. It has also won the intersection upgrade project in New South Wales. The project in Canberra involves construction of the final section of Horse Park Drive from Burrumarra Avenue to Mirrabei Drive in the Gungahlin area. On completion, the road will connect the new residential areas of Ja
