News

Serbia should invest €1.5 billion a year over the next 20 years in order to finish all capital projects, which include road and railway Corridor 10, Corridor 11, the Danube (water) Corridor 7 and bridges in Novi Sad and Belgrade. Investments of €22 billion in infrastructure are planned in the next 17 years.

A leading used construction equipment auctioneer firm boss believes equipment aged between 2 and 4 years is now topping buyers’ ‘wish lists’, as 1 to 2-year-old used stocks deplete. Jonnie Keys, General Manager of Euro Auctions, said that with the cost of new equipment currently up by around 20% on prices in June 2009, the used market is still strong. “Euro Auctions has repeatedly seen over 30% of all plant sold leaving the UK and Europe for projects in Australia, South Africa, South America, Central Ameri

The authorities in Brazil’s Rio de Janeiro State intend to invest US$1.55 billion in the road network from now until 2014. Work will be carried out to some 750km of roads with funding being provided by a combination of PPPs and sources such as the World Bank (WB) and the Latin American Development Bank (CAF).

The Indonesian government is committed to developing transport infrastructure leading to the Tanjung Lesung and Sei Mangke special economic zones (SEZs), according to the vice minister of national planning and development Lukita Dinarsyah Tuwo.

Italian asphalt plant manufacturer Bernardi Impianti International and Speedcrafts have signed a licence agreement for the manufacturing of asphalt batching plants in India. The plants will be manufactured on the basis of Bernardi design and technology.

Two JCB customers have netted a prestigious contract for redeveloping a key stadium for the Brazil 2014 World Cup. AMP Locações and MG Porto have teamed up to provide five JCB machines for the redevelopment of the Governador Plácido Castelo Stadium in the city of Fortaleza, which will host six games in the world’s biggest football tournament.

Parsons Brinckerhoff has been appointed the programme management consultant to Ashghal, the public works authority of Qatar. It will work on a QAR 30 billion (US$8 billion) programme focusing on the construction and upgrade of local road and drainage projects throughout the country over a five-year period.

Organisers of the Interoute&Ville 2012 being held in Lyon, France later this year say they are set to welcome 200 exhibitors, 7,000 professional visitors and 700 delegates. Held every two years and acclaimed internationally, the exhibition is dedicated to materials, equipment and technologies for streets, roads, highways and cities, bringing together professionals who work in the fields of infrastructures and land use planning. This year, organisers are creating a ‘smart infrastructure village’ to assist co

Mexico’s newly opened Baluarte Bridge crosses the Baluarte River in the Sierra Madre mountain range in the north of the country. The 1.12km long bridge is 403m high at its central point, making it the highest cable-stayed structure in the world, and a Guinness Book of Records entrant. It is part of a new highway connecting Mazatlan on Mexico’s Pacific Coast with Durango.

African heads of state have endorsed the launch of the Programme for Infrastructure Development in Africa (PIDA), a multi-billion dollar initiative that will run through until 2040. Following their 18th summit, held in the Ethiopian capital Addis Ababa, they approved the implementation of the recommendations in the study on PIDA.