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357 Articles in Finance
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Malaysia and Bangladesh reach agreement on Padma Bridge
Authorities in Malaysia and Bangladesh have reached a preliminary agreement the final terms for for the US$2.3 billion Padma Multipurpose (...)
Finalists named for eastbound Innerbelt Bridge
Ohio Department of Transportation (ODOT) has announced the final three teams who will vie for an estimated US$330 million contract to design (...)
Venezuela and Colombia agree to build new bridge
The foreign ministers of Columbia and Venzuela have signed an agreement to explore the feasibility of a new bridge between the two countries. The (...)
Japan provides grant for new River Nile bridge
The Japanese government has confirmed its offer of grant assistance for a bridge project in South Sudan. It is providing approximately US$ 91 (...)
Kentucky and Ohio sign Brent Spence Bridge agreement
The governors of the US states of Kentucky and Ohio have signed an initial cooperative agreement to build a new crossing of the Ohio River to (...)
Botswana gets US$111m loan towards Kazungula Bridge
Japan has signed an agreement to lend Botswana US$111m for the construction of Kazungula Bridge over the Zambezi River between Botswana and Zambia (...)
World Bank agrees to reconsider Padma Bridge support
The World Bank has said that is prepared to engage anew with the Banglasdesh government with regard to the Padma Bridge in the light of new (...)
Malaysia issues update on Padma discussions
Malaysia’s official news agency Bernama has reported that Bangladesh is very happy with Malaysia's final proposal for the 6.15km Padma Bridge (...)
Financing solution announced for Innerbelt Bridge
The governor of the US state of Ohio has announced that a public private partnership (P3) will be adopted to enable design and construction of (...)
USA announces $17bn for infrastructure
US transportation secretary Ray LaHood has announced a US$17 billion expansion of funding for transport projects including bridges. The new (...)
Sri Lanka gets funding for 210 rural bridges
Hong Kong & Shanghi Banking Corporation (HSBC) has agreed to provide Sri Lanka with US$44.14 million of credit to finance the construction (...)
Bangladesh allocates own funds to Padma Bridge
The Bangladesh government has said that it will start construction of the Padma Bridge primarily with its own resources, following the (...)
Bouygues to build 1.5km Ivory Coast bridge
Bouygues Travaux Publics has signed agreements for a US$187m road project in Ivory Coast that includes a 1.5km bridge and a major interchange (...)
World Bank gives reasons for cancelling Padma Bridge loan
The World Bank has cancelled its US$1.2bn (£763m) credit in support of the Padma Multipurpose Bridge project in Bangladesh, saying that (...)
Malaysia hands over Padma proposal
Malaysia has handed the Bangladesh government a draft proposal for financing the Padma Bridge. Local reports say that Malaysian politician (...)
Wins for bridges in latest US Tiger grant awards
Rhode Island has been granted US$10 million towards the US$169 million replacement of the I-95 Providence Viaduct as part of the latest round of (...)
Canada and USA agree deal for international bridge
Canada and the US state of Michigan have reached an agreement to build a US$950 million bridge linking Windsor, Ontario, and Detroit, Michigan (...)
Work on Strandherd-Armstrong Bridge to restart
Work on US$46.5-million scheme stopped in March when the contractor went into receivership with the job approximately 60% complete. Having (...)
Caltrans approves funding for Petaluma bridge
The California Transportation Commission in the USA has allocated US$1.7 billion in funding for transportation projects including a new bridge (...)
Financial close for $1.8bn Canadian road and bridge project
Alberta Transportation has picked Capital City Link General Partnership to design, build, operate, and partially finance the Northeast Anthony (...)
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