Japan and China have cornered the market in major cable-supported bridges in recent years. But now another East Asian rival is on the rise. South of the Russian port city of Vladivostok, the world’s longest cable-stayed span—at 1,104 meters—is due to start erection next April. Spanning the “eastern Bosphorus” waterway from the southern tip of the Nazimov Peninsula, the Russky Bridge is a key element in the work to prepare Russky Island to host the 2012 Asia-Pacific Summit, which will include U.S. and Canada government heads. To feed traffic to the new crossing, work has advanced further on a second
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.