May 16, 2020

Roe 8 project is set to be delivered by CPB Contractors in Australia

Perth’s infrastructure
Perth Freight Link
Roe 8 project
CPB Contractors
Catherine Sturman
2 min
Kwinana Highway and South Street intersection
Part of the Perth Freight Link, the Roe 8 project is set to be undertaken by CPB Contractors, with partners AECOM, Georgiou, GHD, BG&E and WA Limest...

Part of the Perth Freight Link, the Roe 8 project is set to be undertaken by CPB Contractors, with partners AECOM, Georgiou, GHD, BG&E and WA Limestone. The project will see the 5km extension of the Roe Highway from Kwinana Freeway to Stock Road in Coolbellup.

The project will create approximately 500 construction jobs within the region, and provide stronger transport links, providing improved access routes, enabling increased levels of safety within the region by redirecting freight vehicles from Leach Highway and Sterling Highway and provide increased access to Perth Airport and Fiona Stanley Hospital, in addition to the inner and outer harbour.

CPB Contractors Managing Director Román Garrido said, “The Roe 8 project will enhance Perth’s road network operations, improve safety and reduce congestion.

Working closely with Main Roads Western Australia, our experienced Alliance is focused on delivering value for money, mitigating construction impacts and achieving the project’s planned operational, community and environmental benefits through innovative design.”

With regards to sustainability, $45 million has been invested to ensure that access to specific areas will not be impacted, such as Roe Swamp, alongside the building of new pedestrian and cycling routes. Areas within the construction site will also be re-vegetated in order to minimise potential encironmental disruption.

Aboriginal heritage experts have also been employed in order to respect the land and ensure all important features are taken into account.

For further information: https://www.mainroads.wa.gov.au/Pages/default.aspx

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Jun 16, 2021

France to invest €1.8bn in Egypt’s infrastructure

AFD
Infrastructure
investments
projects
2 min
France is making a €1.8bn investment into Egypt’s infrastructure with upgrades to the Cairo Metro and a railway to Sudan

France will invest a total of €1.8bn into Egypt’s infrastructure focusing specifically on upgrading the Cairo Metro, building a railway to Sudan, and developing water and energy schemes. Officials have called the investment a “major boost to bilateral cooperation”. 

The Cairo Metro

Included in the financing is a concessional government loan of around €800mn to upgrade Line 1 of the Cairo Metro, introduced in the 1980s. The financing will pay for 55 trainsets for the line and is provided by the French engineering company, Alstom.  

Line 6 is also due to be upgraded using further state-guaranteed loans worth up to €2bn. Bruno Le Maire said that this would be negotiated over the next six months. France and Egypt have worked in close cooperation ever since Abdel Fattah al-Sisi became president in 2014, despite differences over human rights and strong criticism of Egypt by rights activists and some foreign states.

Nine more projects over the next half a decade

A further €1bn from France’s development agency, Agence Française de Développement (AFD), aims to cover a range of other projects over the next half a decade. 

These projects include a railway line between Aswan, southern Egypt, and Wadi Halfa in Sudan, as well as several projects in the renewable energy and water purification industries. Bruno Le Maire, France’s Finance Minister, said Egypt was a “strategic partner and commercial dealings with it would be developed. France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans,” he said.

According to Le Maire, the AFD will also €150mn to support the construction of a universal health insurance programme. French contractors such as Vinci and Bouygues have a long history of working on the Egyptian capital’s underground system. 

Talking about the relationship between France And Egypt, Le Maire concluded: “France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans”. 

Image: MEED

 

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