Finance & Funding

Strong demand for construction machines is being reported by the German equipment manufacturing association, the VDMA. Its report says that following a good start to 2017, the upward trend has continued for the construction and building equipment industry.

Bolivia’s La Paz region is set to benefit from a major programme of highway development work. The country’s road management firm Administradora Boliviana de Carreteras (ABC) is to spend over US$2.58 billion on road construction work from 2017-2020. The plans call for work to nearly 800km of roads, with the aim of improving transport links between La Paz and the rest of the country. One road will offer and upgraded connection from Charazani-Apolo-Tumupasa-Ixiamas-Chive. One will run from Undiavi-Chulumani-Sa

A new rural road development programme is being planned that will improve transport in India’s Gujarat State. A budget of US$329 million has been set to boost access to some 4,000 villages across the state that currently have inadequate connections to the transport network.