The European Bank for Reconstruction and Development (EBRD) has agreed to provide $250M for infrastructure projects in Egypt.EBRD has signed two memorandums of understanding (MoU) with Egypt’s Ministry of International Cooperation (MOIC) aimed at improving services in the transport and water sectors.Under the first MoU, EBRD will support the refurbishment of the Heliopolis tram link between the Ramsis and Almaza areas in Cairo. The entire cost of the project is estimated to be $500M.The second MoU is the bank’s first formal engagement in developing a water irrigation system — part of a programme developed by the Ministry of Water Resources and Irrigation (MWRI) of Egypt for the modernisation of the irrigation system to increase efficiency and quality of services.
The UK government has given the go ahead for the upgrade of the A14 between Cambridge and Huntingdon.Estimated to cost up to £1.5bn, the 21-mile project will include a new bypass of Huntingdon between Swavesey and Brampton, the widening of sections of the A1 and A14 roads, and improvements to a number of junctions.The development will also involve improvements in Huntingdon Town Centre to include a new local access road.Highways England director for complex infrastructure Chris Taylor said: “The scheme will provide much needed additional capacity to improve journey times and safety.“We are keen to keep the momentum going and will get preparations for construction underway as soon as possible after the end of the six week statutory challenge period.”Construction work is set to commence in late 2016 with the new bypass and widened A14 opening to traffic in 2020.
Flatiron Construction and AECOM have been provisionally selected by the Colorado Department of Transportation (CDoT) to design and construct the $215M C-470 Tolled Express Lanes Segment 1 project in the Denver metro area.The CDoT named the companies as the ‘Apparent Selected Proposer’ for the 12-mile project, which will involve the addition of two tolled express lanes on westbound C-470 from I-25 to Colorado Boulevard, along with the reconstruction of part of the existing pavement.It will include the addition of auxiliary lanes at selected locations, the replacement of bridges over the South Platte River and the widening of existing bridges throughout the project area.The development will also involve safety and operational improvements along C-470 between I-25 and Quebec by adding direct-connect ramps and grade separations for the multi-use trail.Flatiron will lead the fully integrated design and construction team, AECOM will provide construction and design services for the project expected to commence construction work in mid-2016. The lanes are set to be complete in early 2019.
Airport construction projects remain at a high with a total global investment of $638.7bn, according to a new report. The Global Airport Construction Projects report, from Timetric’s Construction Intelligence Center (CIC), concludes that even though a financial crisis has been ravaging the global economy since 2008-09, air passenger traffic has been growing at an average pace of 5% annually.Airport construction activity has been growing fast in the Asia-Pacific and Middle East & Africa regions, which have now surpassed other global regions with total planned investment in airport mega-projects of $224.1bn and $172bn respectively.In the Asia-Pacific region, China has been leading the airport construction activity with investment of $47.8bn, followed by Vietnam with projects worth $28.7bn. Due to the increase in flights to China, where Beijing Capital International Airport is the world’s second busiest airport, the $11.3bn Beijing Daxing International Airport is expected to be complete in 2025. Conversely, India’s value of airport projects is low when compared with countries in the same region.The demand in Middle East and Africa is high, with Dubai home to the world’s busiest international airport and Saudi Arabia requiring more capacity to cater the millions of visitors each year. Al Maktoum International Airport is a new airport project that will be part of Dubai World Central, providing a planned capacity of 220M passengers to the UAE.The highest-value project is the $36.2bn Istanbul New Airport development in Turkey, and the highest value pipeline project part of the planned $29.1bn Heathrow Expansion belongs to the UK, although the government has not yet given green light to the project, according to projects tracked by the CIC.Neil Martin, manager at Timetric’s CIC, said: “Global airport projects’ activity follows economic growth in the markets of Asia-Pacific and the Middle East & Africa. Both regions are registering new projects and the expansion of existing airports to service their growing economies and populations. Similarly, the developed markets of North America and Europe largely show expansion or renovation of existing airports such as London’s Heathrow and O’Hare International Airport in Chicago. “Although South and Central America is lagging behind for value of projects, there is huge potential for the upgrade of its airports infrastructure, with the new US$14 billion Mexico City project potentially providing a model for the region.”* The Global Airport Construction Projects report from Timetric’s Construction Intelligence Center provides market analysis, information and insights on over 550 large-scale live airport construction projects globally. In addition, the report also details airport construction investment in each of the five major global regions, as tracked by Timetric’s Construction analyst team. The projects are at various stages of development, from the ones that have been announced to those in execution. Read more on the report here.
Orascom Construction has won two more contracts for the third phase of Cairo Metro Line III, to execute the civil and track work. Stretching across 18km of tunnelling and viaduct works, the third phase will include 15 elevated, grade and underground stations. The contracts, with a combined value of about €270M, will bring the company’s share of the third phase of Cairo Metro Line III to €375M.Orascom will deliver the civil package in a consortium with VINCI, Bouygues and Arab Contractors, and the track works package in a consortium with TSO — the railway subsidiary of NGE Group — and ETF, a subsidiary of Eurovia. Orascom Construction CEO Osama Bishai said: “We are pleased to expand our market share in the transportation sector and particularly the Cairo Metro program.“We remain focused on adding quality contracts to our backlog that will lead to healthy returns for our shareholders.”
The Federal Highway Administration (FHWA) has announced a $357m Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the construction of four new toll lanes on State Highway (SH) 288 in Houston, Texas.The project includes the construction of more than 10 miles of tolled lanes between US 59 and the Harris County line, including direct ramps to the Texas Medical Center, a new interchange with the Sam Houston Tollway and improvements to the Loop 610 interchanges.US Transportation Secretary Anthony Foxx said: “The TIFIA loan program is designed to help communities like Houston begin projects like this — a project that they would have otherwise had to wait years to start.“The new tolls lanes will provide a more reliable commute in one of America’s most congested metro areas, and improve access to jobs and community services in neighborhoods there.”
CIMIC Group’s construction company CPB Contractors has won a contract from GoldLinQ Pty Ltd to design and build the $200m Stage 2 of the Gold Coast light rail project in Australia.Under the contract, CPB Contractors will construct a 7.3km northern extension of the Gold Coast light rail from Gold Coast University Hospital to Helensvale, to connect Stage 1 with the main Brisbane to Gold Coast rail line.CIMIC Group’s executive chairman and CEO Marcelino Fernández Verdes said: “The Queensland government’s commitment to delivering state‐of‐the‐art public transport has provided us with the opportunity to design and construct this significant light rail infrastructure.“Our capability and major project experience in the rail sector provide the certainty of delivery that is necessary for the expansion of the transport network in one of the fastest growing cities in Australia.”CPB Contractors’ managing director Román Garrido said: “We continue to work with GoldLinQ to achieve innovative design and cost‐effective construction solutions for this project, to the benefit of the people of Queensland.“In addition, our team will engage with local workers and businesses to develop increased job and work opportunities as the project progresses.”Construction work on the project is set to start in April 2016 and will be complete in late 2017.
Israel-based construction firm Shikun & Binui has completed the fundraising for the planning, construction and maintenance of a proposed express lane in the Houston Metropolitan area in Texas. Financial closing for most of the $1bn project and the initial drawing of funds is likely to take place during the next several weeks, subject to the fulfilment of a number of customary terms set out in the financing agreements, including the receipt of the final approval of the project's bond offerings from the Texas legislature.The project’s concessionaire, known as the Blueridge Transportation Group, has committed to build, finance, maintain and operate the portion of the road defined in the contract for 52 years, including the construction period In return, the concessionaire will be given the right to collect tolls from users of the Express Lane.Shikun & Binui’s chairman Moshe Lahmani said: "The completion of this project's financial closing is another key step in our 'go international' strategy, whose goal is to diversify and expand the geographic scope of our operations, and enter the American market."The US is a sophisticated, competitive market, and the choice of Shikun & Binui confirms the excellence of our capabilities and the high level of professional and know-how that we bring to complex infrastructure projects. We intend to further deepen our activities throughout the Americas in general, including the US, Colombia and other Latin American countries."Work on the project is expected to last for three years.
A joint venture between Italian infrastructure group Salini Impregilo and Australia's NRW Pty Ltd. has secured a contract worth AUD1.176bn ($898m) from the Public Transport Authority of Western Australia to design, build and maintain the Forrestfield-Airport Link in Perth, Australia.The underground passenger rail line project will connect the eastern suburbs of the city with an existing suburban rail network as well as the airport. It will measure 8.5km in length, of which 8km will be underground.The JV will bore twin tunnels for the entire length of the line and build three stations. Parking spaces and new and expanded bus feeder services will also be built. The rail line will be tunnelled underground from a junction near Bayswater Station, under the Swan River and the airport.Western Australia’s premier Colin Barnett said: "This is a huge milestone on the path to delivering this project, which will change the face of Perth's eastern corridor and give people direct access to the airport by public transport."Early work worth AUD370m ($281m) comprising geotechnical work, contract management and land purchases is already underway. Work at the site is scheduled to begin shortly, and the line is expected to open in 2020.
Royal Bam Group subsidiary Wayss & Freytag Ingenieurbau has secured a contract for the construction of a €220m subway tunnel in Frankfurt. The 2km double-track tunnel will be built in the city centre, in the new Gateway Gardens district.The cut and cover tunnel will be about 11m wide and 6m high. Wayss & Freytag Ingenieurbau will move approximately 900,000 sq m of land and will process 180,000 sq m of concrete.Gateway Gardens is a new development situated close to Frankfurt Airport and houses offices, service areas, hotels, conference and exhibition spaces,, and restaurant and retail facilities.The Gateway Gardens Tunnel is expected to be operational at the end of 2019.
Britain’s Network Rail has assigned two separate contracts worth £90m for the final stage of the Reading and Paddington signalling system, and for the signalling power works between Paddington and Hayes & Harlington.
The Land Transport Authority (LTA) of Singapore has awarded two civil contracts worth about SGD334m ($248.8m) for the construction of Amber and Bedok South stations in Singapore. Woh Hup Limited has secured a SGD146m ($108.7m) contract for the construction of Amber station, while the Bedok South Station and associated tunnels were awarded to China Jingye Engineering Corporation Limited in a contract worth SGD188m ($140m).Bedok South station will serve as the sixth Civil Defence shelter along the East Coast stretch of Thomson-East Coast Line (TEL).The 13km-long East Coast stretch of the 43km-long TEL will connect commuters living in the eastern parts of Singapore who are not directly served by the rail network, such as those in Tanjong Rhu, Siglap, Marine Parade, Upper East Coast and Bedok South.The East Coast stretch will have nine stations, including a station that interchanges with the Downtown Line at Sungei Bedok.The project will be completed in two stages, with the first seven stations, from Tanjong Rhu to Bayshore, expected to be ready in 2023 and the remaining two due to be completed in 2024.
The government of New Zealand is set to invest NZD278m ($193.7m) to upgrade the State Highway 2. The project will take place between Pokeno and the SH25 intersection and will include the widening of 32km of the original road into three lanes, with two of them reserved for traffic heading west towards Auckland.In addition to the extra lane, a new roundabout will be built and four interchanges separating state highway and local traffic will be constructed.It will also be future-proofed, allowing the road to become four lanes if required.Work is set to start on the design, consents and property purchase for a long-term overhaul of the road that will be carried out in five stages over several years.New Zealand transport minister Simon Bridges said: “These upgrades will help ease congestion and improve journey predictability, making a huge difference for the local community, the freight industry and for people travelling north after a weekend on the Coromandel.”Construction work is anticipated to start in 2017/18.
An alliance between Lendlease, CPB Contractors, WSP Parsons Brinckerhoff, Aurecon and Metro Trains Melbourne has secured a contract for the $1.6bn Caulfield to Dandenong Level Crossing Removal Project in Australia. The project will see the removal of nine dangerous level crossings, the construction of five new stations and the upgrade of signalling and power. It will also transform lengthy rail and rocks into new parks, paths and open space.Along with the 65 new high-capacity metro trains, the project will create space for 11,000 extra passengers to catch the train on Melbourne's busiest rail line.Victoria’s treasurer Tim Pallas said: "The project to eliminate these congested death traps is about to begin, and 2,000 jobs are about to be created."This project will deliver more room, on more trains to carry more people on Melbourne's busiest rail line. It's needed now, and we're not going to waste a day - we're going to get it done."
The railway along the strategic TEN-T North Sea-Baltic Corridor, linking the Baltic Sea with the Ukraine border, is to be upgraded by PKP Polskie Linie Kolejowe. €250m of funding will be provided by the European Investment Bank (EIB) for the project, which will contribute to the modernisation of the 171km section of the railway line between Warsaw and Lublin and the rehabilitation of the Łuków-Lublin freight bypass. EIB believes that the project will ease commuter traffic in Warsaw and Lublin through the construction of new tracks. The upgraded railway connections will also enhance passenger safety through the implementation of updated security systems. EIB’s vice president László Baranyay said: "The EIB loan will help to improve Poland's railways along a strategic Trans-European transport corridor with positive consequences for the environment, transport safety, capacity and speed. "This will help to improve the quality of life of passengers, particularly people commuting to work in Warsaw and Lublin, as well as modernising the transport links needed to help further Poland's economic development."
Florida’s Department of Transportation has broken ground on the second phase of the SunRail system in Florida. The $187m project is the first extension of the commuter rail system, which opened on May 1, 2014 and currently serves 12 stations between DeBary, in Volusia County, and Sand Lake Road, south of Orlando’s city. The expansion project, awarded to Middlesex-Herzog joint venture, is a 17,2-mile extension of the existing SunRail service and will include four new stations at Meadow Woods, the Tupperware Station, the Kissimmee Station adjacent to the current Amtrak station and the Poinciana station. Other features of the project include grade crossing improvements, the construction of vehicle storage and layover facilities at the Poinciana station, the installation of a second track and an upgraded signal system. The construction work is expected to be completed in about two years, opening to passengers in 2018.
Sound Transit has broken ground on the $3.7bn East Link light rail extension project that will connect Seattle, Mercer Island, Bellevue and Redmond's Overlake area and Microsoft campus.The 14-mile light rail will provide 24-minute trips from Bellevue to Westlake Station in downtown Seattle.Contractors have started site preparation just south of downtown Bellevue near East Main Street and Northeast 112th Street, where a tunnel portal will allow trains to transition from the surface to a 1/3-mile-long tunnel before re-emerging at the surface near Northeast Sixth Street.East Link's 10 stations are expected to open in 2023. By 2030, East Link is likely to carry about 50,000 people daily.
Panama has signed a $2.6bn agreement with Japan to finance the construction of Line 3 of Panama's Metro.Touted be the largest project in Panama since the expansion of the Panama Canal, Line 3 of the Panama Metro will be 26.75km long with 14 passenger stations.The first phase of Line 3 will meet the demand of 20,000 daily commuters in rush hour in 2020, while the second phase of Line 3 will benefit 31,862 commuters in 2050. Panama president Juan Carlos Varela said in the joint press conference with the prime minister of Japan Shinzo Abe: "The funding granted today by Japan is a recognition of Panama's credibility, stability, and strength. Today's announcement proves that our economy is sustained by solid foundations." The contractor for this project will be chosen through an international public bidding. Construction work will commence in 2017 and the metro line is set to be operational by the end of 2021.
San Miguel Corporation (SMC) has broken ground on the Metro Rail Transit 7 (MRT-7) project in the Philippines.The elevated railway from North Avenue, Quezon City to San Jose del Monte, Bulacan will be constructed by SMC’s infrastructure subsidiary San Miguel.Estimated to cost PHP69.3bn ($1.49bn), the 23km project will feature 14 stations and take 30 minutes to travel end-to-end. It will also link to the MRT-3 and LRT-1 and serve more than 800,000 passengers daily.MRT-7 will have stations at Quezon-North Avenue, Quezon Memorial Circle, University Avenue, Tandang Sora, Don Antonio, Batasan, Manggahan, Doña Carmen, Regalado, Mindanao Avenue, Quirino, Sacred Heart, Tala and San Jose del Monte.The project will be completed in three to four years with the assistance of Hyundai Rotem and EEI consortium.
The state government of Alberta, Canada, has approved $100m of funding for the upgrade of the Queen Elizabeth II Highway interchange with Gaetz Avenue in Red Deer.The project is aimed to improve traffic flow and safety for travelers, local residents and businesses.According to advice from the former Bank of Canada governor David Dodge, Alberta has undertaken a $34.8bn plan to build and upgrade critical infrastructure, including roads, schools and hospitals.As per the most recent figures, every day 42,000 vehicles travel on the QEII in both directions at the existing interchange.Alberta’s premier Rachel Notley said: "Alberta families and businesses deserve safe, modern and efficient roads, highways and bridges. In the past when oil prices fell, governments slashed funding for infrastructure."Albertans paid the price for these short-sighted cuts in longer commutes and lost opportunity. We will not repeat those mistakes."Our Alberta Jobs Plan moves Alberta forward with significant investments in critical infrastructure that will create jobs and build a more resilient economy."Construction work is scheduled to be completed in 2019, in time for Red Deer to host the Canada Winter Games.