French company Bolloré Group has secured a contract from the authorities of East Timor to design, construct and operate the deepwater port at Dili.
IRB Infrastructure Developers is set to sign a concession agreement by March 2016 for the INR100.5bn ($1.5bn) Zojila Pass Tunnel in Jammu and Kashmir, India.
A joint venture (JV) of Hindustan Construction Company (HCC) and Vensar Constructions Company has secured a highway contract worth INR11.4bn ($162.5m) from the Public Works Department (PWD) of government of Manipur, India.
As delays in projects go, being held up by almost 350 years is a big one. The idea of building a shipping canal across Thailand’s Kra Isthmus, reducing the usual trade route for ships between the Indian and Pacific oceans by more than 1,200km, was first mooted in 1677. However, despite the proposal resurfacing in the 20th century, fears over the environmental impact and the potential for it to divide the country have held it back. Now, the Korea Railroad Research Institute (KRRI) has put forward the idea of a ‘dry canal’ to carry ships across the south of Thailand, from Kra Buri to Chumpon Bay in the Gulf of Thailand, bypassing the Malacca Strait.
When workers broke through the Eurasia Tunnel in August 2015, it marked not only the first time Europe and Asia were connected by a road tunnel, but also represented the crowning achievement for one of the world’s most challenging tunnelling projects.
A team of French firms comprising Alstom and Bouygues Travaux Publics has secured a contract with the Light Rail Manila Corporation (LRMC) to upgrade and extend Light Rail Transit Line 1 of Philippines’ Manila metro.
San Miguel, through its subsidiary Universal LRT (ULC), has reached financial close on the Metro Rail Transit (MRT) Line 7 project in Philippines.