Finance & Funding

Work on a new road and bridge project is planned to start in Myanmar during 2019 and is expected to take until 2022 to complete. The construction of this new link will improve transport connections with neighbouring China. The US$100 million project will be carried out in Myanmar’s Shan State, lying on the country’s eastern border with China. In all, the new bridge and road will run for 19.3km and will link Nawngcho with Gote Hteik. The existing road passes through a mountainous area along this stretch and

Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to

Work will commence soon on Indonesia’s South Cikampek II-Jakarta toll road project. The 64km highway project is benefiting from funding from the Bank Negara Indonesia, Bank Central Asia, and Bank Mandiri. These have each contributed US$91.06 million. In all, the project is costing $970 million. The project is being managed by Indonesian firm Jasamarga Japek Selatan.

Poland’s General Directorate for National Roads and Motorways (GDDKiA) will announce tenders worth around €4.64 billion for construction of around 435km of roads this year. Included will be 172km of the S19 expressway in Podlaskie and Podkarpackie, a 60km stretch of the S7 expressway in Mazowsze and Malopolskie and a 50km section of the S11 expressway in Zachodniopomorskie. Late last year, a Polish parliamentary commission said that it had heard that €11.14 billion of road investment within the 2014-2

Colombia has set a new date for the completion of the La Linea tunnel project of May 2020. The project has been subject to a series of delays due to issues such as insufficient financing, unexpected geological problems and even the wrong type of insurance cover. The completion date for the main tunnel stretch has been moved back several times, but it is hoped that it will finally be completed on the date, which was announced by Colombia’s president, Ivan Duque. The completion of the entire project, whic

Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o