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.
Sumitomo and IHI have bagged a turnkey engineering, procurement, and construction (EPC) contract to build an 110MW gas-fired combined-cycle power plant in Mozambique’s capital Maputo.
The construction unit of Larsen & Toubro (L&T) has bagged contracts worth $204m across various business verticals.
South Korean firm POSCO E&C has secured a $650m EPC turn-key contract from Gas Natural Atlantico and Costa Norte LNG Terminal for the Colon combined cycle power plant and LNG terminal project in Panama.
The All India Institute of Medical Sciences (AIIMS) has received approval from the Indian Union Minister of Health and Family Welfare JP Nadda for the expansion of its trauma centre in New Delhi, India.
The European Bank for Reconstruction and Development (EBRD) has provided funding for the development of a €318m hospital in Konya, in the central Anatolian region of Turkey.
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.
The company serves the infrastructure, resources and property industries with services including construction, mining, engineering, concessions, and operation and maintenance.
Projects overseen by the company include bridges, spanning roads, valleys and water; planning and constructing commercial and industrial zones; conveyance and storage systems for the water industry; roads; urban development and regeneration; architecture; energy infrastructure; sports venues; railway links; tunneling; nuclear power; and many more.
Indian construction firm Punj Lloyd has secured $304m worth of oil and gas EPC contracts in Oman from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC).
Dubai developer Nakheel has signed a joint venture agreement with RIU Hotels & Resorts to develop a $170m hotel at Nakheel's Deira Islands master development.
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.
The company is active in 80 countries and has designed, built and operated construction projects from public sector buildings and private sector buildings to transport infrastructure and energy and communication networks.The company has been in operation for more than 60 years and today employs a team of 53,500 people.
Bharat Heavy Electricals Limited (BHEL) has secured a contract from NTPC for the supply of two 800MW steam generators (boilers) with supercritical parameters for a power plant project in Telangana, India.
The company offers project planning, including cost and risk analysis, feasibility studies, logistics, impact assessments, and stakeholder engagement activity. It also designs intellectual capital - management systems and business processes; structures including office towers, schools, aircraft, bridges and highways; and advanced technology systems such as biometric scanners and superfast broadband networks.Atkins focuses on infrastructure projects, covering buildings, transport, information communications and security systems, and utilities such as energy and water. The company works for national and local governments as well as the commercial sector.
The company covers areas including water and energy projects, skyscrapers, the planning of new cities, infrastructure and travel links, and public spaces. It provides design and build capabilities, financing, and project management.
Chinese bio-energy company Sunshine Kaidi New Energy Group is set to construct a €1bn ($1.13bn) biofuel refinery in Kemi, Finland.