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.
The authorities in Peru are planning a series of key infrastructure projects that will boost connectivity and communications in the country. Contracts are being prepared for tender with the Ministry of Transport and Communications (MTC) setting a budget of some US$15.55 billion in all. The work will be carried out over several years and includes the construction of 600 new bridges. The MTC has said it also wants to increase the percentage of asphalt surfaced roads in the country’s network from the 52% recorded in a 2011 survey to some 85%.
Illinois tollway has outlined its budget plans for 2017. The agency expects toll revenues to hit US$1.38 billion for 2017. The plans in the tentative budget call for 75% to be directed to develop infrastructure. Some $336 million will be used for operations and maintenance while $639 million will be used for capital investments. The combined figures planned in the tentative budget for operations and maintenance and capital investments represent an increase of $14 million over the combined sum for 2016.
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China's Heilongjiang Province plans to develop its transport infrastructure. The authorities in the province have set a budget of US$2.99 billion to develop road links as well as waterways. The plans call for the construction of 364km of new highways, upgrading 450km of existing rural roads and building 6,400km of new rural roads. Waterway development will include developing river infrastructure for heavy shipments and improving five existing channels meanwhile. This overall programme of works represents a
The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019. One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (NSW) in a project that will include installing the latest traffic management
