Indonesia is setting a massive infrastructure budget in place. Some US$29.52 billion will be invested in infrastructure under the 2017 budget. The country is planning to construct around 550km of new bridges and 9,400km of new roads.
November 1, 2016
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Indonesia is setting a massive infrastructure budget in place. Some US$29.52 billion will be invested in infrastructure under the 2017 budget. The country is planning to construct around 550km of new bridges and 9,400km of new roads.
Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes
The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB).
Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
IRF chairman and mayor of Riyadh, Eng Abdullah A Almogbel, discusses the city’s massive infrastructure investment and the pressing need for this development work
Saudi Arabian capital Riyadh is fast growing with a pressing need for additional transport infrastructure resulting in a massive investment programme. The oil industry has fuelled Riyadh’s rapid expansion from being a medium sized town just 100 years ago, to its status as a major city today. With the explosion in vehicle use during the 20th ce
China plans to set up an “international court” for settling disputes among companies participating in Belt and Road transportation infrastructure work, according to Chinese media. The Global Time newspaper – with strong links to the communist government – reported that Chinese companies are facing more foreign-related lawsuits as they step up investment and business in countries covered by Beijing’s Belt and Road Initiative. The report called Belt and Road “a brainchild of Xi”, referring to Xi Jinping
