27 May 2015
IFM Investors acquires Indiana Toll Road for $4.3bn
Australia's IFM Investors has completed the acquisition of ITR Concession Company (ITRCC), which operates the Indiana Toll Road in the US, for A$5.7bn ($4.3bn).
News
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26 May 2015
UK’s Highways Agency to introduce Dartford Crossing safety system in June
The UK's Highways Agency (HA) will open for traffic next month a new safety system designed to help improve traffic flow at the Dartford Crossing.
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26 May 2015
Work set to begin on Australia’s Great Ocean Road upgrade project
The Australian and Victorian Governments have each committed $25m towards a comprehensive package of works on Great Ocean Road.
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25 May 2015
India to invest $785m to build 16-lane road in Delhi
The Indian Government has announced plans to invest Rs50bn ($785m) into the construction of a 16-lane road in Delhi.
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25 May 2015
Dutch road users to receive accident warnings through traffic apps
The Dutch Ministry of Transport and Public Works Rijkswaterstaat is starting a pilot programme of a highway warning system to improve safety for road users.
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21 May 2015
IBM’s Intelligent Transportation solution to improve traffic flow for NJTA
IBM has introduced a new transportation management solution to help reduce congestion and improve traffic flow for the New Jersey Turnpike Authority (NJTA) in the US.
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21 May 2015
US DOT offers emergency relief funds to repair Kentucky roads
The US Department of Transportation (US DOT's) Federal Highway Administration (FHWA) has granted $3m in emergency relief funds to help the Kentucky Transportation Cabinet (KYTC) cover the costs of repairing...
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20 May 2015
Philippines’ San Miguel and MP CALA bid for $1.2bn Cavite-Laguna expressway
Philippine conglomerates San Miguel and Metro Pacific Investments (MPIC) have submitted bids for a PHP55.5bn ($1.24bn) contract to build and operate the Cavite-Laguna Expressway (CALAX) Project of the Department of...
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20 May 2015
Mitchell Freeway extension underway to tackle traffic in Perth
Work on the Mitchell Freeway’s A$261.4m extension in Western Australia has started six months earlier than scheduled, as part of efforts to tackle traffic in Perth.
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19 May 2015
Local Australian Governments get $135m for road construction and maintenance
A total of 354 local governments have received an additional $135m in funding from the Australian Government for local road construction and street maintenance.