Finance & Funding

Peru's president Pedro Pablo Kuczynski - who won April’s general election by less than 1% of the popular vote - will continue many of the highway projects started under his predecessor. Kuczynski inherited the projects from Ollanta Humala who could not run again because constitutioinal limits on his terms in office. One of the largest projects is the 3,000km northern international highway from Sullana, a city and urban area of around 440,000, to the border with Ecuador. The co-financed private project

A South Korean consortium is in line for a US$75 million loan from the Asian Infrastructure Investment Bank (AIIB) for a project in Kazakhstan. The $900 million project around the city of Almaty will see development of a 66km highway with eight intersections and 21 bridges, according to a report in the Korea Herald. The consortium consists of Korea Expressway and SK Engineering and Construction (SK E&C), noted a report by the Korean news agency Pulse. Other banks that will provide loans to the cons

Grants worth a total of US$800 million have been issued by the US Department of Transportation (USDOT).

A report by the American Road & Transportation Builders Association (ARTBA) reveals that a week-long shutdown of New Jersey transportation improvement projects will prove expensive.

A heavily-used bridge of historic importance in US capital Washington DC looks set to benefit from much-needed improvement works. The work will be part funded by a US$90 million from the US Department of Transportation. The structure of the Arlington Memorial Bridge has become degraded over time and has been highlighted in a number of reports as being in dire need of a major rebuild. The 651m bridge links Washington District with Arlington County, carrying around 68,000 vehicles/day. But in all the bridge i

As part of upgrades to the SlabProp range from Pilosio, the SlabProp 2.0 features a new section, resistant and weight optimised The latest addition has a greater range of extraction than the previous model which varies from 145-625cm. It also has greater capacity with values up to 80kN (certified according to EN 16031). Also, connection to truss frames is permitted all along the prop in order to assemble load-bearing towers with high capacity. This prop is made of aluminium type 6005A for a good ca

UK-based equipment hire specialist Speedy has launched a new catalogue, including an app, for 2016 with more than 2,800 products and services across over 25 categories. The app is available on iPhone, Android and Windows Phone. Features of the new app include a product search by keyword or code, complete product detail, including pricing and images as well as a local depot locator. Russell Down, Speedy’s chief executive, said that by reducing the catalogue by 96 pages and changing to a more sustainab

Following substantial investment in its telehandler fleet, UK plant hire company A-Plant has nearly 1,600 machines from 4m to 18m, at an average age of under two years. A-Plant’s telehandlers have been purchased from JCB and other leading manufacturers to provide machines that meet Stage IIIB/Tier 4 emissions regulations. The telehandlers are also equipped with the latest in telematics technology. Director of purchasing and fleet management at A-Plant, Andrew Winlow, said A-Plant’s customers have adde

The Thai government expects to announce contractors for construction of two motorway sections this month after steel price hikes derailed a recent tender process. The sections are part of the 196km motorway connecting Bang Pa-in district in Ayutthaya with Nakhon Ratchasima in the northeast, according to a report in the Bangkok Post. The project, costing nearly US$2 billion, is divided into 40 sections, 25 of which are scheduled to be built this year. But the Highways Department has signed only one con