Avtar Singh Construction Co. Pvt. Ltd. (VCTY) Builds Section of India's Golden Quadrilateral Highway
03 November 2010 - 10:45PM
Marketwired
Videolocity International, Inc. (PINK SHEETS: VCTY)
(www.videointernationalcorp.com) subsidiary Avtar Singh
Construction Co. Pvt. Ltd. (ASCC) has nearly completed the Haveri
Hubli highway construction project, part of the massive Golden
Quadrilateral project.
ASCC is building a four-lane 64.5 km section of National Highway
No. 4 between Haveri and Hubli, in Karnataka. National Highway No.
4 connects Mumbai and Chennai. The project is 80% complete, and the
company expects to be fully complete by the end of the year. The
total value of this project is $8.7 million USD.
ASCC is one of many companies involved in building the Golden
Quadrilateral, India's most important highway construction project
in years. The Haveri-Hubli section is part of the final 1% of work
to be done on this 5846 km (3,633 miles) superhighway connecting
India's most important economic centers: Delhi, Kolkata, Chennai
and Mumbai. The highway is expected to significantly boost trade,
transportation, and economic development in these cities, plus the
many towns and ports that now have access to central markets and
main shipping harbors.
ASCC has deployed ultramodern, high performance machinery for
this project, including five heavy duty excavators, seven concrete
mixers, and over $1.3 million USD worth of sophisticated equipment
needed to complete the specialized operations.
Review images from construction of this and other ASCC's
projects @
http://www.videointernationalcorp.com/photogallery.php
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International Inc.'s ability to raise additional capital to fund
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match Videolocity International Inc.'s capability to be awarded
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of the date on which such statements were made. Videolocity
International Inc. does not undertake any obligation to publicly
update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events.
Source: Videolocity International Inc.
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