News

Work is due to start shortly to connect the Avenida Balboa and Avenida de los Poetas roads in Panama. The deal is worth close to US$777 million and includes work on the third phase of the Cinca Costera road.

The overseas aid arm of the Japanese government has given the green light to three record loans, totaling US$670 million in support of Bangladesh's growing economy.

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

A key road project is now commencing in Peruvian port Callao. The work is costing some US$186.4 million and is being carried out by Brazilian contractor Andrade Gutierrez.

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.