The European Bank for Reconstruction and Development (EBRD) has signed an agreement with Azerbaijan to extend a $750m loan for the modernisation of transport projects in the country.
South Korean company Dong Sang Engineering has completed the feasibility study for a 14km highway bridge to be built over Baku bay in Azerbaijan, estimated to cost $1.5bn-$1.8bn.
The Georgia Department of Transportation (GDOT) in the US has cancelled its plan to construct a $1.1bn West by Northwest project that would have added toll roads to stretches of...
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L&T Construction has won a Rs21.6bn ($403m) contract from India-based GMR Infrastructure for the six-laning of stretches of the Kishangarh Udaipur Ahmedabad highway in India.
Indonesia-based Chitra Group, which holds the majority stake in the South Metro Manila Skyway concession, has revealed a plan to invest $1.2bn in road projects throughout the country.
The Asian Development Bank (ADB) has providing $170m in funding to Mongolia for road improvements along a transport corridor in western Mongolia.
The European Union has extended €45m grant to Macedonia to finance the construction of a 28.2km dual-lane motorway section between Demir Kapija and Smokvica.
The European Investment Bank (EIB) has lifted its two year funding freeze on Zambia and agreed to fund €80m for rehabilitation of the Great East Road.
The construction of the Cikampek-Palimanan toll highway in West Jawa, Indonesia, has officially begun.
