News

A consortium consisting of Heilit+Woerner (a subsidiary of Austrian company Strabag) and Budimex, has signed the contract to build a section of the S5 expressway between Poznań and Wrocław, Poland, with a gross value of about €138 million.

Road signs should spell out a clear message

Wacker Neuson, the Munich, Germany-based manufacturer of light and compact equipment has posted a clear profit increase in the second quarter of 2014, with revenue remaining at the same level as the previous year. The group posted new record revenue and earnings figures for the first six months of the year, and has confirmed its forecast for fiscal 2014.

What is thought to be the first private road in the UK for 100 years has been opened by a businessman in a bid to avoid the hour-long diversion around road works on the key route between the cities of Bristol and Bath, south-west England.

Interest has been strong for a Mexican highway contract. In all 13 companies are considering bidding for the Tuxpan-Tampico highway concession in Veracruz state, reports Business News Americas. Local firms Tradeco Infraestructura, OHL México, Mota Engil México, La Peninsular Compañía Constructora, Acciona Infraestructuras México and Coconal have all shown interest in the project. The contract is for a 106.6km highway, which will run from Tuxpan-Ozuluama and connect two of the country’s busiest Gulf Coast po

Rebuilding of the Interstate 69 highway in Indiana is now going ahead. The PPP project is for the 33.6km I-69 Section 5 contract. Spanish company Isolux Infrastructure is working on the project with much of the funding coming through its agreement with Infra-PSP Canada. The deal sees Infra-PSP Canada taking 49% of the project’s equity. The deal is of note as the firm is an affiliate of Canada’s Public Pension Board and this is the first time an international public pension operation has directly invested in

Spanish contractor Sacyr is carrying out key contracts to construct new connections in Chilean capital Santiago. The work is worth some US$255 million in all. The larger of the two projects is for the second phase of the Plan Santiago Centro Oriente scheme, which includes rebuilding the Perez Zujovic roundabout and building a section of tunnel. The company is already working on phase one of the Plan Santiago Centro Oriente scheme. Meanwhile the smaller project is for upgrade works to the connection between

Construction company Sogea-Satom will carry out the US$101 million contract to upgrade Cameroon’s West Doula highway. The firm is a subsidiary of French contractor Vinci. The work is for a 13km stretch of Cameroon’s RN3 National Road and will take 30 months to complete. The work is being financed by the French development agency (AFD). Sogea-Satom previously won a contract to build a bridge on the RN3 route.

The work on the feasibility study for the proposed Java bridge connection in Indonesia is proving favourable so far. However this project is likely to be highly expensive and its future depends on decisions yet to be made by the country’s government. So far some 19 companies have been involved in the work on the feasibility study. If the project gets the go ahead, it could conceivably cost some US$13.05 billion to construct. Around 60% of the route would cross land but the most costly section would be the 4

In Colombia a consortium will carry out the Perimetral Oriental road contract. The US$463.4 million contract is for a 153km section of road connecting Cundinamarca and Meta, which when complete will cut journey times by two hours compared with the current route. The consortium comprises Israeli company Shikun & Binui and local firm Grodco and Colombiana Inversiones en Infraestructura, which is owned by Spanish company Fomento de Construcciones y Contratas (FCC). The work will take four years to carry out an

In Russia’s capital Moscow, a key viaduct is now open to traffic, which will help reduce the city’s chronic congestion problem. The viaduct is 820m long by 15m wide and carries traffic over the Dmitrovskoe Highway. The work on the viaduct included repairing a 367m long stretch as well as installing noise attenuation barriers along its sides. Future plans for the city include the construction of a further viaduct.

In the Netherlands work on the A9 highway contract will be carried out by the IXAS Zuid-Oost consortium. The consortium includes the companies Heijmans, Ballast-Nedam, Fluor and 3i Infrastructure. The €700 million contract is for the A9 highway between Diemen and Holendrecht and includes building a 3km tunnel as well as a bridge spanning the Gaasp River. The deal includes the 20 year management and maintenance package.