Spanish-Indian partners for Indian highways

The two-lane Shivpuri-Dewas road in India's Madhya Pradesh will be widened to four lanes in a major upgraded project. The work is expected to take 30 months to complete and the work will be carried out on the 332km route by GVK Transportation. The contract is a design, build, finance, operate and transfer package and will feature a 30 year concession period.

Spanish contractor Sacyr is to work on two major highway projects in Chile in Concepcion and Iquique, as well as a 78km road in the Tarapaca region. The firm will finance the work using a loan of US$390 million from Chilean financial services company CorpBanca. The 78km road will cost $113 million, while $276 million will be spent on the work linking Concepcion and Cabrero.

Construction work on a key highway link in Oman is due to commence shortly. The 46km stretch of highway will be built by a joint venture comprising Serbian firm Konstruktor and Indian company Simplex Infrastructure. The project is worth some US$335 million and Simplex Infrastructure will be the majority partner with 52%, while Konstruktor will hold the remaining 48%. The agreement for the project was signed between the joint venture partners and the Ministry of Transport and Telecoms of Sultanata Oman.

Construction work on a key highway link in Oman is due to commence shortly. The 46km stretch of highway will be built by a joint venture comprising Serbian firm Konstruktor and Indian company Simplex Infrastructure. The project is worth some US$335 million and Simplex Infrastructure will be the majority partner with 52%, while Konstruktor will hold the remaining 48%. The agreement for the project was signed between the joint venture partners and the Ministry of Transport and Telecoms of Sultanata Oman.