Finance & Funding

Moscow is pushing ahead with its programme of road repairs in the city and surrounding area. During 2016 some 2,100km of roads benefited from necessary repair and maintenance work. This work cost over US$162 million, with funding coming from the Moscow Regional Budget. The city’s chronic traffic congestion is made worse by the poor state of the road network in many areas of Moscow and plans are in hand to carry out repairs to address the issue. With high traffic volumes and a tough climate to contend with,

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

India’s Madhya Pradesh State is developing plans to upgrade existing roads to highway status. The programme will see up to 2,000km of roads being widened with extra lanes being added as well as new safety measures being installed. The aim of this programme is to boost connectivity in the state, with the plans have been developed by the State Government and now being submitted to India’s Central Government for approval. Funding for the widening and upgrade programme has yet to be announced however. Two of th

Malaysia’s capital Kuala Lumpur will benefit from a major road building programme. Some 72.km of road building work is planned for the city, worth a total of US$ 1.54 billion. The Malaysian company Ekovest is managing the operations, with the programme of works intended to improve traffic flows within the city centre.

A series of major highway sections in Serbia should be completed during 2017, including work to two stretches of the key Corridor 10 project. In all, some 122km of highways are expected to be opened to traffic in Serbia during 2017. Greek contractor Actor is building an 18km stretch of Corridor 10 that runs from Surcin to Obrenovac part. This firm is also building a 19.5km section of Corridor 10 from the Ostruznica Bridge that spans the Sava River to Bubanj Potok, and a further 10km section leading to Buban

The UK Government is finalising its plans for the construction of a road tunnel close to the famous Stonehenge monument in Wiltshire. The 2.9km tunnel will carry the A303, a busy road that carries heavy traffic, particularly during the holiday season when large numbers of tourists pass through the area. The existing route passes close to the Stonehenge monument but the road is widely recognised as being unfit for purpose. As well as carrying cars, it handles a high percentage of large trucks, including heav