The Utah Department of Transportation (UDOT) has awarded a $139m highway project to a joint venture (JV) comprising of Ralph Wadsworth Construction, a subsidiary of Sterling Construction, and W.W. Clyde.

The JV will design and build four grade-separated interchanges along Bangerter Highway in Salt Lake City, Utah, under the contract. Each interchange will include bridge, retaining walls, earthwork, concrete paving, drainage, signals and utility work.

The Los Angeles County Metropolitan Transportation Authority (Metro) has appointed Michael Baker International to conduct a study on the I-605/SR-91 interchange in Los Angeles, California, US, in a $7.6m contract.

"Aimed at improving the public safety and supporting the urban-rural development of the country, the road upgrade project will include repairing 500km of road stretch."

The study will identify areas of improvement to reduce traffic congestion, improve safety and traffic mobility, modernise interchange operations, and to minimise environmental and economic impact.

It will also study westbound SR-91 and suggest improvements to the Norwalk, Pioneer and Bloomfield local interchanges within the Gateway Cities.Top of Form

The World Bank Group has announced a $200m financial assistance to the Lebanese Republic to upgrade its road network.

Aimed at improving the public safety and supporting the urban-rural development of the country, the road upgrade project will include repairing 500km of road stretch. It will also include survey of up to 6,000km of primary, secondary and tertiary roads in the country to identify those that require rehabilitation.

The Burlington Drive bridge over the US 35 (State Road 3/67) Muncie bypass will be reconstructed by US-based general contractor, Primco, as part of a $1.6m contract awarded by the Indiana Department of Transportation (INDOT).

The overpass will be closed during the 130-day construction period, while the bypass will continue to be open to two lanes in each direction.

Maldives Transport and Contracting Company intends to raise MVR310m ($19.42m) in a rights offering of additional shares of its common stock at a discounted price of MVR62 ($3.88) a share. Further, the company will issue the unsubscribed shares through public offering, at a price of MVR112 ($7.01) a share.