Taiwan bridge tender faces issues

Tender problems are afflicting Taiwan’s Tamkang Bridge project. The recent tender process for the project has failed. This is now the third time the tender for the project has fallen through. A new tender process for the project will open shortly. With the tender process facing such issues, the project looks likely to be further delayed until after 2020. The country’s Directorate-General of Highways (DGH) has now increased the budget allocated to the project to nearly US$310 million in a bid to ensure the w
May 5, 2017 Read time: 1 min

Tender problems are afflicting Taiwan’s Tamkang Bridge project. The recent tender process for the project has failed. This is now the third time the tender for the project has fallen through. A new tender process for the project will open shortly. With the tender process facing such issues, the project looks likely to be further delayed until after 2020. The country’s Directorate-General of Highways (DGH) has now increased the budget allocated to the project to nearly US$310 million in a bid to ensure the work will find a suitably interested party.

Finance & Funding

Related Content

  • 2-4 year-old construction equipment tops buyer ‘wish list’
    May 11, 2012
    A leading used construction equipment auctioneer firm boss believes equipment aged between 2 and 4 years is now topping buyers’ ‘wish lists’, as 1 to 2-year-old used stocks deplete. Jonnie Keys, General Manager of Euro Auctions, said that with the cost of new equipment currently up by around 20% on prices in June 2009, the used market is still strong. “Euro Auctions has repeatedly seen over 30% of all plant sold leaving the UK and Europe for projects in Australia, South Africa, South America, Central Ameri
    Read More
  • Russian road contracts for Moscow and St Petersburg
    June 24, 2019
    Two major road projects are being planned for Russia’s first and second cities, Moscow and St Petersburg. Bidding is opening for the project to build a stretch of Moscow’s North-East Expressway. The work is expected to cost around US$780.6 million and includes building five viaducts and three bridges, as well as rebuilding the existing Novosavinovsky Bridge. Meanwhile in St Petersburg, construction work for the Eastern High-Speed Diameter (VSD) is now being held back until 2022 at the earliest. The work i
    Read More
  • Major projects proposed for Philippines
    August 19, 2014
    The Philippines is setting major targets for road development in coming years. A planned budget of US$2.59 billion has been set for infrastructure in the city of Luzon for 2015. And the Department of Public Works and Highways plans to pave some 32,227km of the country's national roads by 2016, with only 83% so far having been paved. Some 64.3% of the department's budget will be for repair and construction of highways. Other spending will be allocated for the development of 410km Mindanao road network, which
    Read More
  • Vietnam bridge faces contractor challenge
    February 1, 2023
    A key Vietnamese project bridge faces a contractor challenge.
    Read More

Highlighted Content