After Chongqing International Construction Corporation (CICO) has been found to be engaged in fraudulent practice in bidding for contracts in an AfDB-financed road project in Uganda, the bank has imposed debarment on the company for 12 months
Construction
New flyover inaugurated in Angola to reduce traffic
Angolan President, José Eduardo dos Santos, has inaugurated the Unidade Operativa flyover, aiming to improve the dormant traffic condition on Deolinda Rodrigues Avenue
South African construction prices forecast to rise by 7.4 per cent in 2017
MMQSMace, a leading South African cost consultancy business, and Stellenbosch University’s Bureau for Economic Research (BER) have forecast a South African construction tender price growth of 7.4 per cent in 2017, including 5.3 per cent inflation, and an 8.8 per cent increase in 2018, including 5.1 per cent inflation
Asphalt plant reduces production costs
The use of asphalt is considered a key element for an effective road building process, contributing to economic savings as well as environmental protection for sustainable road construction
World Bank to fund construction of US$30mn complex in Kenya
The World Bank announced a grant of US$30mn fund for the construction of a complex in Nairobi in Kenya, which will consist of four office blocks covering 35,000 sq m area, a 500-seater auditorium and a service building