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Global sales of construction equipment may bounce back next year
Global sales of construction equipment, which have fallen from $106 billion in 2011 to $94 billion in 2013, are expected to fall to $92 billion in 2014, according to Off Highway Research, a consulting firm in the space.
December 17, 2014 – Hindu BusinessLine

IN BRIEF: IDB approves US$500mn line of credit for Nicaragua (login required)
The Inter-American Development Bank (IDB) approved a US$500mn line of credit for the Nicaraguan government to finance infrastructure projects, among other works.
December 17, 2014 – BNamericas

New Russian tunnel for Rostov-on-Don
In Russia the new Severny tunnel is planned for Rostov-on-Don. This four-lane tunnel will be 3.5 km long, and will be designed to carry up to 60,000 vehicles/day.
December 16, 2014 – World Highways

Unasur March meeting to study inter-oceanic railway (login required)
South American group of nations Unasur plans to hold a meeting in March to study the US$7.5bn inter-oceanic railway project, a Bolivian government official said.
December 16, 2014 – BNamericas

Funding for Valparaíso-Santiago railway studies secured (login required)
Local officials in Chile's Valparaíso region (V) voted to allocate 150mn pesos (US$242,950) to finance a prefeasibility study for a passenger and cargo railway between Valparaíso city and capital Santiago.
December 15, 2014 – BNamericas

Nicaragua riding roughshod over canal opponents - lawyer (login required)
Preparatory construction work on Nicaragua's US$40bn inter-oceanic shipping canal due to start this month cannot get underway because land has not been expropriated and environmental impact studies are still pending, Mónica López Baltodano, director of NGO Popol Na, told BNamericas.
December 11, 2014 – BNamericas

Brazil airport projects in corruption probe (login required)
Airport projects in Brazil are due to be investigated as part of the country's ongoing Operation Car Wash corruption probe into federal oil major Petrobras and contractors.
December 10, 2014 – BNamericas

Bolivia awards Monteagudo-Itapi highway contract (login required)
Argentine firm José Cartellone Construcciones Civiles was awarded a contract to build the second stretch of Bolivia's 96km Monteagudo-Itapi highway.
December 9, 2014 – BNamericas

Peru prepares 2,600km of Pan-American highway concessions (login required)
Peru plans to award 2,600km in concessions to widen the Pan-American highway along the Andean country's entire coastline next year, a senior government official said.
December 8, 2014 – BNamericas

Mexico's strong road investment programme for 2014
The Mexican Government says it has managed to boost road investment in 2014, compared with 2013.
December 8, 2014 – World Highways

Morocco sets strong road budget for 2015
The Moroccan Government is setting a healthy budget for road maintenance during 2015.
December 8, 2014 – World Highways

TransCanada Applies For Energy East Pipeline Consent
TransCanada Corp filed for National Energy Board approval of its $10.8 billion Energy East pipeline to ship oil sands crude to eastern refineries and Atlantic export ports.
December 5, 2014 – Underground Construction

São Paulo approves US$1.24bn waterworks, urban mobility funding (login required)
Brazil's federal government has authorized funding for water supply and urban mobility works in the state of São Paulo worth some 3.2bn reais (US$1.24bn), according to a cities ministry release.
December 5, 2014 – BNamericas

Colombia plans US$3.5bn mass transit spree (login required)
Colombia will invest 7.9tn pesos (US$3.45bn) in mass transit, local daily La República reported.
December 4, 2014 – BNamericas

Chilean infrastructure projects being planned
In Chile plans are well in hand for a series of major infrastructure projects, with the work likely to help boost the country's economy.
December 3, 2014 – World Highways

Kenya soon to start on its eight-year road works programme
The Kenyan government will pay nearly US$557 million (?446 million) annually to contractors for building 10,000km of roads over eight years.
December 3, 2014 – World Highways

BNDES foresees US$233bn in infra investments (login required)
Brazil's national development bank BNDES is forecasting 600bn reais (US$233bn) in infrastructure investments throughout Brazil from 2015-18.
December 3, 2014 – BNamericas

Brazil probe could affect US$18bn in airport contracts (login required)
Brazil's investigation of engineering firms involved in the Petrobras corruption scandal could lead to five international airport concessions and one upcoming private airport project involving a total of some 45.4bn reais (US$17.7bn) being scrutinized.
December 2, 2014 – BNamericas

Peru lines up major waterworks, road projects for 2015 (login required)
Peru's housing, construction and sanitation ministry MVCS will build 1,600 water and sewerage projects next year, a senior government official said.
December 1, 2014 – BNamericas

Ontario to Benefit From Infrastructure Investments
BMO Economics recently noted the benefits of making investments in infrastructure, on the occasion of the release of the Government of Ontario's Fall Economic Statement.
November 26, 2014 – AED News

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