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Indonesian state construction firm Waskita Karya said it will be developing the US$2.7 billion Bali toll road project. But the Ministry of Public Works and Housing has yet to approve the 157km project which is in the pre-feasibility study stage. Waskita Karya’s finance director Tunggul Rajagukguk also said the company might seek nearly $1.8 billion of financing this year for not just road projects but also power transmission work. Financing could be around half through bond issuance and the other half v

3M, a maker of workzone safety products, has again donated US$20,000 to the 3M Visibly Safer Work Zones Project. Now in its fourth year, the project supports programmes of the American Traffic Safety Services Foundation (ATSSF) and the American Road and Transportation Builders Association Transportation Development Foundation (ARTBA-TDF) that provide scholarships for children of roadway construction workers killed or permanently disabled on the job. To date, the project has donated $50,000 to the ATSSF’s

Half of UK drivers in a recent survey admitted to breaking traffic laws and half of these drivers said they did it with intention. Of the drivers who willingly broke the law, half acknowledged they did it because they believed there was little chance of getting caught, or they simply did not agree the law and saw no reason to obey. Road safety charity Brake and vehicle insurance company Direct Line said the survey reveals a worrying attitude by many road users toward safety on highways. Brake said that U

Dynasol, a global maker of synthetic rubber, much of it destined for large off-road vehicles including construction equipment, will boost its production. Dynasol is a joint venture formed in 1999 by Repsol and Grupo Kuo. Dynasol will focus on developing products for the high-performance tyre which uses synthetic rubber as a raw material and accounts for 70% of the synthetic rubber demand worldwide. The joint venture will have an estimated revenue of US$750 million and will produce more than 500,000 tons a

The first pan-European 24-hour speeding enforcement crackdown resulted in police issuing more than 120,000 penalties. TISPOL, the European Traffic Police Network based in London, UK, said the “marathon” took place earlier this month and so far 17 out of 22 participating countries have provided data. A total of 4,352,234 vehicles were checked during the 24 hours. Of the 122,581 speeding offences, 116,479 were detected by police officers, with 6,102 detections using automatic devices. Police in Germa

Amsterdam businesses, many of them global companies, face a decade of traffic disruption and noise when road works start in the Netherlands capital’s financial district. Among the projects in Zuidas will be putting the A10 ring road into a tunnel, the Financieele Dagblad newspaper reported. The Zuidas is a rapidly developing business district in the city of Amsterdam in the Netherlands. The Zuidas, also known as the 'Financial Mile', lies between the rivers Amstel and Schinkel along the ringroad A10.

In Indonesia, state-controlled toll road operator Jasa Marga has secured a loan worth nearly US$124 million to finance its Medan-Kualanamu-Tebing Tinggi (MKTT) toll road project. The loan is secured from a consortium of banks that include Bank BRI, Bank Mandiri and Bank BNI. The total cost of the project is around $315 million. The tender process of the project is being conducted and the winning bidder will be revealed in May. Jasa Marga operates and manages 13 toll road concessions directly and nin

Colombia's finance minister Mauricio Cardenas said the country will gain access to a loan of US$400 million the Central American Bank for Economic Integration (CABEI) for infrastructure projects. Around $200 million will finance 4G motorway concessions. The rest will be used on projects that involve CABEI founding members such as Nicaragua, El Salvador, Costa Rica, Honduras and Guatemala. The announcement was made during the 55th CABEI governors’ assembly in Medellin, Columbia, in April. Colombia has

In the UK, Colas is near completion of the Thornbury Barracks roundabout aimed to reduce traffic congestion on the A647 highway, the principal link between Leeds and Bradford in the county of West Yorkshire. Traffic signals have been placed on the junction, with central running lanes constructed through the previous roundabout. Michael Holmes, Colas business manager for the Leeds area, explained there was a need to infill a local pedestrian subway underpass using foam concrete, and option not previously u

In Honduras plans are being drawn up for the tourism corridor tollroad project. This route will connect the cities of San Pedro Sula, La Barca, El Progreso, Tela, and La Ceiba port on the Atlantic Coast, reports Business News Americas. The project has made another move forward as it has received support from the Multilateral Investment Guarantee Agency (Miga). The 200km road project has been awarded to the consortium Autopistas del Atlántico. The aim of the project is to increase economic activity and tran

Demand is already strong for the 2016 bauma exhibition in Munich. The organisers say that following the March 2015 deadline for applications to exhibit at the show, industry interest for the show has been highly positive. The upcoming edition will run from April 11th to 17th 2016 and will take up all 605,000m2 of the Messe München exhibition centre in Munich, on the site of the city’s former airport. Almost 3,000 exhibitors from over 50 countries have applied to take part at the show. Nine countries in a

In the US state of Ohio there are plans to invest heavily in infrastructure, with its largest capital improvement programme in more than a decade. The Ohio Turnpike's 2015 construction season is commencing with spending of as much as US$125 million this year on projects throughout the northern part of the state. Included in this construction season is pavement resurfacing projects and base pavement replacement for 112 mainline lane km and the rehabilitation and repair of numerous bridges along the length o

Bell customers across Europe are to receive their replacement articulated dump truck parts quicker than ever before after the South African hauling giant completes its new giant logistics facility in Germany.