Finance & Funding
September 20, 2024
July 8, 2014
Financing has been found for a major highway upgrade project for Pakistan. The Asian Development Bank (ADB) is lending US$197 million to Pakistan’s…
July 8, 2014
A loan from the Asian Development Bank (ADB) worth US$800 million will help pay for a series of major road upgrades in Sri Lanka. The remaining $106…
July 4, 2014
A loan worth US$500 million from the World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in…
July 3, 2014
The Indonesian Government is aiming to start work on 16 major infrastructure projects before October 2014. These include the development of Cilamaya…
July 2, 2014
Bechtel and its joint-venture partner Enka have won a contract to build a 60km highway connecting Kosovo’s capital Pristina with neighbouring…
June 30, 2014
The Spanish construction firm Ferrovial is to handle a US$655 million contract in North Carolina. The 50 year concession package is for the I-77…
June 26, 2014
Two major highway projects are being planned in Yemen. A new 710km highway will link the southern port city of Aden with Saudi Arabia, while there…
June 17, 2014
Auction firm Ritchie Bros has scored a strong sales performance after a series of three heavy equipment auctions in Edmonton, Canada. In all, the…
June 16, 2014
According to the European Construction Industry Federation, FIEC, there is light at the end of the tunnel in terms of market activity. The FIEC…
June 16, 2014
The final funding has been found for a new dual carriageway connection linking the city of Mombasa to its airport. The Transport Ministry has…
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