News

A key route in Sri Lanka is to see a major upgrade programme following provision of a US$100 million loan by the World Bank (WB).

Spanish construction firm OHL is taking a loan worth €449.5 million (US$628 million) so as to invest in the Regis Bittencourt highway project in Brazil.

Major developments are in hand with regard to providing charging solutions for electric vehicles.

The project to construct a new ring road around Ukraine capital Kiev is now building momentum.

Swedish conglomerate Skanska reports that it plans to sell its 50% share in Chile's Autopista Central Highway shortly.

Forward bookings for the upcoming Intermat construction equipment exhibition in French capital Paris are extremely bullish.

The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.

Two new road tunnels in Abu Dhabi are due to open at the end of this year.

In all 90 bridges have been built in Turkmenistan in under 24 months by a Turkish contractor, significantly improving the country's transport infrastructure.

Automotive manufacturer Ford is developing an electric bike prototype called the E-Bike.

US States spent an estimated $131 billion on transportation in fiscal year 2010, but many cannot answer critical questions about what returns this investment is generating, according to a new report by the Pew Centre on the States and the Rockefeller Foundation

Interest is already strong in the TRA 20120 event scheduled for 23-26 April 2012.

An upgrade to the road link connecting the cities of Kampala and Entebbe in Uganda will be funded by a loan worth US$350 million being provided by the Chinese Exim Bank.

Work is now underway on the new Myeik-Mawtaung road linking Myanmar with Thailand.

Colombia is planning a massive investment in infrastructure up to 2021.