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10 October 2023

Daily Newsletter

10 October 2023

Construction finalised on 250m viaduct development in Jammu and Kashmir

The completed infrastructure is located along the Ramban to Banihal portion of NH 44.

October 09 2023

Indian Road Transport and Highways Union Minister Nitin Gadkari has announced the completion of a 250m (two-lane) viaduct project in Jammu and Kashmir, India.

Travel distance on the Srinagar-Jammu National Highway is expected to be reduced significantly as a result of this completion.

The development was carried out in conjunction with a 395m (two-lane) maroge tunnel in Jammu and Kashmir.

This development is estimated to be worth approximately Rs820m.

According to the minister, this infrastructure is located along the Ramban to Banihal portion of National Highway 44 (NH 44).

In a statement, Gadkari said: “This 645-metre segment, as part of the larger project, will not only shorten the travel distance by 200 metres, reducing steep gradients but also provide an alternative route bypassing the well-known Sita Ram Passi slide area.

“Furthermore, it facilitates the smooth flow of vehicles, bypassing the challenging Margo Area gradients.”

He added: “Under the visionary leadership of Hon'ble PM [Prime Minister] Shri Narendra Modi we steadfastly uphold our commitment to delivering exceptional highway infrastructure to Jammu & Kashmir. This transformative development not only contributes to the region’s economic growth but also enhances its appeal as a premier tourist destination.”

In August last year, the Ministry of Road Transport & Highways launched an assessment of the construction quality and safety aspects of existing and under-construction road sections in the country.

North America Construction market dynamics

Per GlobalData estimates, the North America construction market size is expected to reach $1,772.5 billion in 2023. The increased spending from the public and private sectors in the regional energy and infrastructure domain is projected to aid the market growth. The energy and utilities construction sector is expected to depict a AAGR of 8.7% in real terms from 2024 to 2027, supported by investments in regional renewable energy and oil and gas projects.

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