News

Plans are now in hand for Oman's massive new Batinah Expressway project. This 265km expressway is expected to cost US$649.25 million. The project is being divided into phases and should take 36 months to complete.

Work is said to be progressing on track in Myanmar (Burma) on the Ayeyawady Bridge (Pakokku) project.

The authorities in the Russian city of St Petersburg are setting aside funds for road construction and repairs for 2012.

The highway concession model is said to be proving successful in Peru, according to data released by transport infrastructure regulator Ositran.

The registration process has now started for the bauma 2013 exhibition in Germany. A new feature is that exhibitors can now send applications online.

The go-ahead has been given for a major contract worth US$472 million in the Dominican Republic. The deal covers the design, financing, construction, operation and maintenance of the Vial Viadom road project.

A budget of US$304 million will be used for road maintenance and repairs in Puerto Rico during 2011.

Funding for a 3km cable-stayed bridge in Vietnam's Mekong Delta region will be boosted with financial backing from the Export-Import Bank of Korea (Korea Eximbank).

GAZ Group, part of Oleg Deripaska's Basic Element, and Terex Corporation have entered into an agreement to form a joint venture company to manufacture of construction and roadbuilding equipment in Russia.

Plans are being set out for a new bridge to link Thailand with Laos. Work on the fourth Thailand-Lao bridge will commence this month.

Buenos Aires Province will release news of the winner of a highway concession shortly. The concession will be to operate highways 2, 11, 36, 63, 56 and 74 under a 30 year deal from May 2011.