+
 Israeli firm to fund construction of Peripheral Ring Road
ROADS & HIGHWAYS

Israeli firm to fund construction of Peripheral Ring Road

Bengaluru's Peripheral Ring Road (PRR) project aimed at decongesting the city's traffic will be ready in three years if the fresh move to implement it through an Israeli infrastructure-cum-funding agency comes through.

A senior official of the Bangalore Development Authority (BDA), which is implementing the project, said a specialised technology would be used for road laying to ensure that the project is completed by August 2024.

Israeli private concern Symba Maz has come forward to fund the 73 km PRR with eight lanes plus four service lanes, which has now escalated to cost Rs 21,250 crore.


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


An Indian joint venture (JV) based in Bengaluru, APIC Freeway Pvt Ltd, has submitted its Expression of Interest (EoI) for implementing the project. It comprises of construction firms AFCONS, Symba Maz and STUPS Ltd.

The CM recently mentioned that an Israeli firm had shown interest in funding the project without specifying details.

The big innovation that the JV plans to bring in is the “StabiRoad” model of laying of road.

StabiRoad method of laying roads:

By using the StabiRoad cement additive in a corresponding amount with the amount of cement, there is no significant risk of cracking. This is due to its ability to change the parameters of the concrete's bending strength.

Image: The PRR was originally estimated to be completed only in 2025, but has been opposed because of the large-scale tree-felling that is required.


Also read: Bengaluru’s transit infra projects to boost realty

Bengaluru's Peripheral Ring Road (PRR) project aimed at decongesting the city's traffic will be ready in three years if the fresh move to implement it through an Israeli infrastructure-cum-funding agency comes through. A senior official of the Bangalore Development Authority (BDA), which is implementing the project, said a specialised technology would be used for road laying to ensure that the project is completed by August 2024. Israeli private concern Symba Maz has come forward to fund the 73 km PRR with eight lanes plus four service lanes, which has now escalated to cost Rs 21,250 crore.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info An Indian joint venture (JV) based in Bengaluru, APIC Freeway Pvt Ltd, has submitted its Expression of Interest (EoI) for implementing the project. It comprises of construction firms AFCONS, Symba Maz and STUPS Ltd. The CM recently mentioned that an Israeli firm had shown interest in funding the project without specifying details. The big innovation that the JV plans to bring in is the “StabiRoad” model of laying of road. StabiRoad method of laying roads: By using the StabiRoad cement additive in a corresponding amount with the amount of cement, there is no significant risk of cracking. This is due to its ability to change the parameters of the concrete's bending strength.Image: The PRR was originally estimated to be completed only in 2025, but has been opposed because of the large-scale tree-felling that is required. Also read: Bengaluru’s transit infra projects to boost realty

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code