Finance & Funding

The authorities in the Philippines have given preliminary approval for a series of major PPP projects. One of these five key PPP projects is for the expansion of the Tarlac-Pangasinan-La Union Expressway. The projects still need the approval of the board of the National Economic and Development Authority (NEDA).

The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety

Several major road works are among 15 public-private partnership projects in the Philippines tagged by the World Bank as essential for improving transport in Southeast Asia. The list includes the US$3.4 billion Plaridel Bypass toll road, the $354 million North Luzon Expressway East Expressway, the $171 million Central Luzon Link Expressway-Phase II, as well as the $52.5 million improvement, operation and maintenance of Kennon Road and Marcos Highway. All of the projects, which include major airport an

The Indian Government has announced plans to build 7,300km of roads and 48 bridges. The programme is being handled by India's Ministry of Road Transport and Highways and is called the Road Requirement Plan (RRP) Phase-2. The new roads will be constructed in the so-called ‘red zone’. The project is expected to cost some US$1.72 billion, and it will include the construction of roads, highways and 48 bridges. The ‘red zone’ areas have been affected by left wing extremism, namely the Naxalites. As of January 20

Hungary is considering introducing a congestion charge scheme to capital Budapest at the end of 2016. The aim of the scheme is to cut congestion in the city, with traffic jams and delays frequent particularly in the historic centre. The scheme will also help generate revenue that will pay back EU funding worth some €565.2 million, which was used to pay for the construction of the M4 underground line in the city.