Finance & Funding

The Brazilian Government looks set to finance work to upgrade key highways in the country. This move comes although the highways were privatised in the 1990s, according to a report by Business News Americas. The work looks likely to cost as much as US$1.7 billion and will be carried out on highways that are operated by CCR and Triunfo Participações e Investimentos (TPI). Although the routes were privatised, the Brazilian Government will finance necessary upgrades as this includes highway expansion work not

In the Philippines a plan is taking shape for a major new connection between key tolled highways. The new road will link the South Luzon Expressway with the North Luzon Expressway (NLEx). The route has been planned by the Toll Regulatory Board (TRB) and the Philippine National Construction (PNCC). The new road connection will measure 13.4km long and will be a four-lane expressway. The project is expected to cost some US$521.5 million.

Concerns have been expressed regarding procurement practices in Poland for large infrastructure projects. Ulrich Paetzold, director general of FIEC, the European Construction Industry said, "Polish engineers and contractors continue to be concerned about the procurement rules and practices in the country despite recent changes in the procurement regulations and contract conditions." This comment followed a recent meeting between the FIEC and leading Polish consulting engineers and construction companies o