1 February 2019
Deals and M&As this week: HG Infra Engineering, J B Riney & Co
HG Infra Engineering has received a contract for a road construction project from the National Highways Authority of India (NHAI).
News
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1 February 2019
UK to support trials on pothole repair techniques
The UK Government is to provide £23m in capital assistance for research into new road surface materials and pothole repair techniques.
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31 January 2019
Highways England to spend £7m on schemes to cut traffic delays
Highways England will invest more than £7m in a number of schemes aimed at enhancing journeys, creating jobs and building homes.
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31 January 2019
Transurban to invest $1bn to expand four highways in Virginia, US
Australian toll road operator Transurban has signed contracts to invest $1bn in four road projects along Interstate 495 and Interstate 95 in northern Virginia, US.
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30 January 2019
Volvo JV gets approval to test hands-free self-driving cars in Sweden
Veoneer and Volvo Cars' joint venture Zenuity has secured permission from the Swedish Transport Agency Transportstyrelsen to launch trials of hands-off autonomous cars on highways in Sweden.
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30 January 2019
Indian state Uttar Pradesh to build $5.05bn Ganga Expressway
The government of Uttar Pradesh (UP) in India has approved construction of the 600km Ganga Expressway in the state.
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29 January 2019
Foundation stone laid for six-lane highway project in India
Indian Union Minister for Road Transport and Highways Nitin Gadkari has laid a foundation stone for the six-lane highway that will connect Akshardham with Eastern Peripheral Expressway (EPE) junction on...
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29 January 2019
Highways England to launch road building and maintenance ideas fund
Highways England is set to introduce an initiative aimed at encouraging companies to share ideas relating to the design, construction and maintenance of future roads.
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28 January 2019
Canadian pension funds and NIIF ‘in talks’ to buy IDFC roads unit
Canada Pension Plan Investment Board (CPPIB), Caisse de dépôt et placement du Québec (CDPQ) and National Investment and Infrastructure Fund (NIIF) are reportedly holding independent negotiations to buy IDFC Alternatives’...
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28 January 2019
MIT and Microsoft develop technology for self-driving cars safety
Scientists at Massachusetts Institute of Technology (MIT) and Microsoft have developed an artificial intelligence (AI) based technology to cover 'blind spots' in self-driving cars.