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CHINESE TOLL ROADS
China company secures Kenya airport deal after Adani falloutThe East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and e...- China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
- Toll tax to be cut 50% on these highways: Road ministry approves big change in toll rules for expressways and highwaysThe Road Transport Ministry has approved revised toll charges. Tolls will be halved on roads with significant elevated structures. The new ...
- Hidden costs of Chinese projects in key African state of KenyaAlthough Kenya’s President Uhuru Kenyatta has defended the country’s strategy, many Kenyans have alleged that the China-funded projects are...
- Will write to MEA for visa to Goa bridge project's Chinese consultant: GadkariUnion minister Nitin Gadkari on Tuesday said he would write to the Ministry of External Affairs to grant visa to a Chinese consultant worki...
- IL&FS gets approval to sell China road assetIL&FS Group has received Justice (Retd) D.K. Jain's approval for sale of its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC) t...
- IL&FS to sell Chinese road asset for Rs 2074 croreIL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the bala...
- No Army personnel missing since Galwan Valley violence: Indian ArmyThere have been reports that several Indian Army soldiers were held captive by the Chinese Army following the Galwan Valley clashes in whic...
- Indian, Chinese armies hold Major General-level talks for third straight dayGalwan Valley was the site of a violent clash between Indian and Chinese troops on Monday evening that resulted in the death of a colonel a...
- Only 5% Asia Pacific infrastructure firms highly exposed to COVID-19 disruptions: Moody'sA high proportion (67 per cent) of rated project and infrastructure companies in Asia Pacific continue to have low exposure to the coronavi...
- US urges Pakistanis to pose tough questions to China on CPECThe China Pakistan Economic Corridor (CPEC) is a planned network of roads, railways and energy projects linking China's resource-rich Xinji...
- IL&FS arm puts its China road arm JV on the blockThe Singapore-based ITNL International is a wholly- owned subsidiary of IL&FS Transportation Networks.
- IL&FS to exit China JV with Chongqing Expressway; 49% stake may fetch it $170 mnThe proposed sale is estimated to fetch as much as $170 million and has attracted interest from as many as 10 bidders.
- Chinese corporation to bid for Rs 40,000 crore highway contract in IndiaThis would be the single largest foreign investment in the country’s roads sector if the Chinese co succeeds in fulfilling the criteria set...
- Tibet quake death toll 17; China sends rescue team to NepalThe temblor damaged several temples in Tibet's border area, but no casualties have been reported from there so far.
- Bids invited for multi-billion dollar China-Pakistan economic corridor projectThe second section of the CPEC will be initiated next month for the construction of a motorway from Karachi to Hyderabad.
- IL&FS overseas arm raises 575 million yuan from Chinese debt marketThe bonds will be listed on Hong Kong Stock Exchange. IL&FS Transportation or ITNL could not be reached immediately for comments.
- India to invite Chinese investment in $70-bn road programmeJoshi is in China and would address the second Asia-Europe Meeting (ASEM) of Transport Ministers at Chengdu, China, tomorrow.
- Gangtok: Quake toll rises to 40, relief operations in full swingThe casualties have occurred mostly in the North District and in towns and villages like Rangpo, Dikchu, Singtam and Chungthang located alo...
- India to ink pact with UK, China to build highways: NathIndia will enter into a pact with China in the area of highways development and once the agreement is reached, Chinese investment will treb...
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