Industry News

South Africa’s Msikaba Bridge tender reopening

The tender process for the Msikaba Bridge project in South Africa is now being reopened. This is being handled by the South African National Roads Agency (Sanral). The project is costing US$128.25 million and involves the construction of a 580m long suspension bridge....

New Finnish Tunnel Project In Lahti

A tunnel project is being planned in the Finnish city of Lahti. The tunnel section will form part of the Lahti Ring Road. The project is being carried out by the VALTARI consortium, which was set up to construct the Lahti stretch of the City of Lahti's new Southern...

Texas Toll Road Opening In 2018

Work on the 360 Tollway in the US State of Texas should be complete in 2018. The link measures 15.5km long and runs between US287 and Camp Wisdom Road. The project is expected to have cost US$340 million once the work has been fully completed. Building work for the...

Express Lanes For I-95 In US State Of Virginia

The busy I-95 Intertstate highway in the US state of Virginia is to benefit from more express lanes. The existing 50km of express lanes will be extended to 66km. This stretch of highway is reputed to be one of the most congested in the US and tackling the driver...

Switzerland Setting Budget For Road Development

Swiss cantons Lucerna, Vaud e Neuchâtel have plans to spend €1.86 billion developing the local road network. The budget and the programme of works have yet to be fully approved. Meanwhile the Swiss Government has plans to spend €11.5 billion on developing the road...

Financing found for Colombian key construction contract

Financing has now been secured for a key highway project in Colombia. The project is for the Bogota-Girardot 4G road concession, with a loan from Colombia's national development bank, Financiera de Desarrollo Nacional (FDN), providing the necessary financing. The...

New Russian bridge project spanning Uda River

A new bridge will span the Uda River in Russia. This will be the third crossing over the river and will be constructed at Ulan-Ude in Siberia. The project is worth US112.8 million. Financing has yet to be finalised. The project will be carried out under the PPP model.