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.
In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec
Hungary is experiencing a road development boom.
In line with the country's New Szechenyi Plan (USZT), some €3.67 billion (HUF 1.1 trillion) is to be made available for road development works. National infrastructure development company NIF says it launched road projects worth a total of €1.5 billion (HUF 450 billion) in 2013. Contracts have been signed for the full amount.
Hungary's M4 motorway is to be opened in 2016 between Abony and Fegyvernek. The 29km motorway section will also include a bridge over
A budget in excess of US$1.09 billion has been set for road infrastructure spending in Russia’s Krasnoyarsk Region (Siberia). The funds will be used to widen, upgrade and repair road links over the next three years. In all the plans call for more than 1,000 km of roads and 62 bridges to be repaired during the 2015-2017 period.
Huge investment is being seen in the Gulf Region, with some US$109 billion being spent on infrastructure development according to figures from Ventures Middle East. The Gulf Co-operation Council (GCC) nations are spending on improving roads and highways. Saudi Arabia is carrying out work to build roads and bridges (as well as rail) infrastructure worth $77 billion. Meanwhile the UAE is spending $58 billion on transport infrastructure and Qatar is investing $35 billion. In addition, Oman is spending close to
