Galfar Engineering & Contracting SAOG, an Omani construction company, said it teamed up with Indian companies to win three road construction contracts in the South Asian country.
The European Bank for Reconstruction and Development approved a 28.5 million-euro ($37 million) sovereign loan to Brcko in northern Bosnia-Herzegovina to support road construction.
Prime Minister Vladimir Putin’s cousin Igor Putin’s Surguttruboprovodstroy pipeline builder is expanding into road construction, Kommersant reported, citing an unidentified company official.
China will lend Uganda $100 million for road construction, the African country’s works and transport ministry said in a report distributed in Kampala, the capital, today.
Basil Read Holdings Ltd., a South African construction company, dropped the most in more than six months after it said unprofitable road-building projects will weigh on full-year earnings.
LLC Northern Capital Highway agreed with the St. Petersburg city administration to invest 70 billion ($2.3 billion) rubles to build the central part of a highway connecting the city’s north and south districts.