Concern is being expressed in Australia over the cost of the new highway connecting Sydney International Airport with the city. The M12 highway project was originally expected to cost US$881.65 million (A$1.25 million). However some reports suggest that the work may now cost as much as $973.34 million (A$1.38 billion). New solutions are being sought in a bid to reduce the cost of the project. Additional financing solutions are also being looked into for the work, including revised tolling options.
Biggest Herrenknecht TBM for £11 billion UK project
The UK's £11 billion Lower Thames Crossing project will use a 5,000tonne TBM supplied by Herrenknecht, the largest of its...
