A Greek and Qatari consortium will carry out road contracts worth US$520 million in Qatar. Meanwhile US company Kellogg Brown & Root (KBR) will carry out a contract in Qatar worth $135 million.
China's economy has surpassed that of Japan in size, due in part to the country's massive investment in infrastructure. And with that infrastructure spending showing no sign of ceasing, China's economy looks set to continue to grow.
A US$4 billion bypass contract has been signed in Hong Kong. The deal for the Central-Wan Chai Bypass project has been agreed by the Hong Kong Highways Department with the joint venture Chun Wo-CRGL-MBEC.
A new 23km road is being built that will improve connections to Peru's port of Callao by linking the Avenida Argentina with the Panamericana Norte highway.
Italian construction equipment manufacturers are being urged to embrace “internationalisation” if they are to survive and prosper after new figures revealed declining domestic but rising export sales in 2011.
Costa Rica's road network requires further investments to prevent it from worsening. According to data from the Ministry of Public Works and Transport (MOPT) some US$200 million/month is required to tackle the issue.
The first phase of Oman's new Sur road project is now being carried out by a joint venture comprising Turkish contractor Ozkar Insaat (Ozkar) and Italian firm Astaldi.
