Cube Highways and Infrastructure III, an affiliate of Cube Highways and portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has entered into an agreement with Reliance Infrastructure to acquire DA Toll Road (DATRPL), a toll road in the state of Haryana/Uttar Pradesh, India.
The Japan International Cooperation Agency (JICA) has signed an agreement with the Government of the Democratic Socialist Republic of Sri Lanka in Colombo to provide a Japanese ODA loan of up to JPY30.04bn (£204m) for the construction of light rail transit (LRT) system in the national capital.
Megaworld, a major developer of integrated urban townships in the Philippines, along with its subsidiary Empire East Land Holdings, is developing a 24-hectare property along F Felix Avenue in Cainta, Rizal.
Dutch company Office for Metropolitan Architecture (OMA) has begun construction on Xinhu Hangzhou Prism, a pyramid-shaped mixed-use building, which forms the heart of Hangzhou’s Future Tech City in the new Technology Central Business District (CBD) in China.
A consortium, comprising Japanese conglomerate Marubeni Corporation and Philippine construction company DM Consunji (DMCI), has won a JPY6.9bn ($62m) electrical and mechanical contract from the Department of Transportation (DOTr) for a 4km extension with two additional stations for the Manila LRT Line 2 East extension project.
Megaworld, a developer of integrated urban townships in the Philippines, will launch two more residential projects in its 31-hectare Westside City township in Entertainment City in Parañaque City in 2019.
Jewel Changi Airport (Jewel), a multi-dimensional, mixed-use development at Changi Airport in Singapore, will be inaugurated on 17 April 2019.
L&T Construction, the construction arm of L&T, has secured large orders from clients across various states in India.
Reliance Infrastructure E&C has received a Letter of Award (LOA) from the Airports Authority of India (AAI) of a contract worth INR6.48bn ($92m) for a new greenfield airport at Hirasar in Rajkot district in the Indian state of Gujarat.
Dutch architectural firm MVRDV has broken ground on a wholesale market for fruit and vegetables in Tainan, Taiwan.
Sun Hung Kai Properties (SHKP), a real estate company based in Hong Kong, has won a tender for a 750,000ft² commercial site in Qingsheng, Guangzhou, China, adjacent to the one acquired by the company in May 2018.
L&T Construction’s Water and Effluent Treatment Business has secured major orders from clients in the Indian states of Tamil Nadu, Jharkhand and Odisha.
Ground was broken on the PHP11.2bn ($216m) Jalaur River Multipurpose Project (JRMP) II in Calinog, Iloilo in the Philippines.
The Asian Development Bank (ADB) and the Government of Pakistan have signed a $75m loan agreement to widen and upgrade 42km of the Mardan-Swabi road in the Khyber Pakhtunkhwa Province in Pakistan.
CapitaLand has topped out the eighth and final skyscraper of Raffles City Chongqing in China with the completion of the 250m-high sky bridge, The Crystal, the world’s highest sky bridge linking six of Raffles City Chongqing’s eight skyscrapers.
Megaworld subsidiary Global-Estate Resorts (GERI) will construct a second tower for Tulip Gardens inside its 561-hectare Southwoods City township in the Philippines, following the successful take-up of the first tower in July 2018.
Saudi Aramco has signed an agreement with Norinco Group and Panjin Sincen to form a joint venture to establish a $10bn, fully integrated refining and petrochemical complex in Panjin, Liaoning Province, China.
Cement-maker Holcim Philippines completed the capacity expansion project of its La Union plant two months ahead of schedule in January 2019, strengthening its ability to support the North Luzon market.
Construction on the $6.8bn Metro Manila Subway in the Philippines will commence on 27 February 2019 and as part of the preparatory work, officials of the Department of Transportation (DOTr), led by Secretary Arthur Tugade, inspected the tunnel-boring machines (TBMs) in Japan.
Kawasaki Heavy Industries has completed a new plant at Wipro Kawasaki Precision Machinery in Bengaluru in the Indian state of Karnataka for the manufacture, sale and after-sales services for hydraulic equipment for the construction industry in India.