Grappling with a resource crunch, the Himachal government intends to construct 8 traffic tunnels under private public partnership mode with a build operate and transfer (BOT) proposition. Participating in a debate initiated by Sukhwinder Singh Sukku (congress) in the Vidhan Sabha, chief minister Prem Kumar Dhumal said construction of these tunnels would drastically reduce distances. Two of the tunnels which are proposed in Shimla would ease traffic congestion, he added. Join discussion...

Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) is expanding its activity in infrastructures. Sources inform ''Globes'' that the company will likely provide Carmel tunnels franchisee Carmelton with a NIS 120 million loan. Join discussion...

New funding sources that were researched by city staff for the SR-75/282 Transportation Corridor Project were discussed at the Coronado City Council meeting Dec. 16, and a presentation was given on the status of the project's environmental document. Join discussion...