Bechtel

A key Serbian highway is 50% complete.

A US$3.6 billion highway project is planned for Kenya.

North Macedonia road deal for Bechtel Enka

The US-Turkish joint venture will build four sections of the European Corridors VIII and X in the Balkan country north of Greece.

Financing has been secured by Bechtel for a key Serbian road project.

Design work for the 150km bypass is underway, as well as land acquisition.

Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been

The European Commission has approved €246 million towards construction of Romania’s Targu Mures-Campia Turzii section of the A 3motorway. The EC money for the 51km four-lane section is from the EC’s Cohesion Fund, according to a report by the Romania Journal. Bechtel was originally going to build most of the 603km A3 to connect Bucharest with the Transylvania region and the north-west part of the country. Work should have started by now but contractual issues with Bechtel hampered progress.

Construction work on Kenya’s vital Mombasa-Nairobi highway upgrade project is now going ahead as planned. A resolution has been achieved that will solve the funding issues that had threatened to delay the project. The project will cost nearly US$3 billion in all and is crucial for the country’s economic development as it will provide a new four lane highway connecting Kenya’s capital, Nairobi, with its largest port at Mombasa. But there were concerns that the funding method based on a series of loans that w

Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,