Medical University of South Carolina has broken ground on the $385M Shawn Jenkins Children’s Hospital and Pearl Tourville Women’s Pavilion in South Carolina.The 10-storey project will include paediatric procedural-surgical capacities, including rooms for bronchoscopy, endoscopy, surgery and interventional radiology.The development will include a dedicated floor for the care of children with cancer and a comprehensive paediatric heart centre.It will also feature two obstetrical operating rooms, a neonatal intensive care unit (NICU) with 82 private rooms, and an advanced fetal care centre.Medical University of South Carolina’s president David Cole said: “We awarded degrees to more students than ever before, and are on pace to bring in more than $250M in sponsored research funding.”The development is scheduled to open in 2019.
Tanzania’s government will invest at least $30bn on the construction of a gas processing plant in the Lindi area.The country’s minister for energy and minerals Prof Sospeter Muhongo said that the government is commencing on the project and that an economic revolution should be expected in years to come. “I would like to ensure Lindi residents and Tanzanians in general that our economy is going to grow at a high speed, we are going to invest at least $30bn in the construction of gas processing plant,” he said, speaking at the launch of the Nanenane exhibitions, taking place at the Ngongo grounds in the Lindi municipality.As part of the project, the government will have to build about 200km of gas pipes to transport the gas from the sea to the plant. Since the discovery of natural gas in the country the economy has experienced a huge growth with 70% of power generation now coming from gas.The development is set to take several years to complete, as a “large amount of money, highly skilled and experienced labour and good supervision” are needed, added Muhongo.The minister also commented on the proposed $1.9bn fertiliser factory to be also located in Lindi area. The plant is expected to produce 3,850t of fertiliser daily and provide employment to 5,000 Tanzanians.
Southeast Asia is in need of $2.1tr in infrastructure spending by 2030 to meet their growing population demands, according to a report by banking group HSBC.HSBC economist Joseph Incalcaterra stated in the report that the urban population in the region will rise by over 90M by 2030 and that the planned infrastructure spending would only cover $910bn.Incalcaterra said: “To fill the infrastructure gap, more non-government financing is necessary, both from private sources and institutions such as the Asian Development Bank and new Asian Infrastructure Investment Bank.”The six countries covered in the report are Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.According to the report, regional governments have to increase infrastructure spending. Low- to middle-income economies should spend at least 5% of gross domestic product (GDP) on infrastructure — only Vietnam has been meeting this target.Indonesia and the Philippines have been increasing infrastructure budgets, while Thailand and Singapore had promised increased infrastructure spending and Malaysia should attract more investment. Incalcaterra added: “Governments across the region thus need to be much more aggressive with increasing PPP programmes and instituting proper reforms to deepen capital markets. Only that will fill ASEAN’s gaping infrastructure pothole.”
Three consortia have been selected for the construction of a new metro tunnel and five new underground stations in Australia.The shortlisted bidders for the AU$6bn (£3.5bn) public-private partnership (PPP) include Continuum Victoria, Cross Yarra Partnership and Moving Melbourne Together.The PPP will be responsible for the construction and fit-out of the 9km metro tunnel and five new underground stations — to be located at Arden, Parkville, CBD North, CBD South and Domain.Daniel Andrews, premier of Victoria, said: “The best construction companies in the world are lining up to build the biggest public transport project in Australia — the Metro Tunnel.“Melbourne needs the Metro Tunnel and we’re not wasting a moment — major work starts next year. The Metro Tunnel will let us run trains so often that you don’t need a timetable — you just turn up and go.”At least six tunnel boring machines (TBMs) will be used during construction, with three giant shafts — up to 11 storeys deep — to be excavated at Franklin Street and A’Beckett Street near Melbourne Central station, and at City Square near Flinders Street Station.The consortia now have to submit a formal proposal by early next year. A contract is expected to be awarded by the end of 2017. According to the Minister for Public Transport Jacinta Allan, the project is expected to create 4,700 jobs.• Continuum Victoria comprises Acciona Infrastructure, Ferrovial Agroman, Honeywell, Downer EDI and Plenary Origination;• Cross Yarra Partnership comprises Lendlease Engineering, John Holland, Bouygues Construction and Capella Capital;• Moving Melbourne Together comprises Pacific Partnerships, CPB Constructors, Ghella, Salini Impregilo, Serco and Macquarie Capital.
Pennsylvania State Transportation Commission has agreed that $61.9bn will be spent over the next 12 years in various transport projects. The updated programme — previously set up at $63.3bn — will finance improvements to roads, bridges, transit systems, airports and railroads. Pennsylvania Department of Transportation (PennDOT) secretary Leslie S. Richards said: “Through on going efficiencies at PennDOT, we continue to stretch taxpayers’ dollars to reach as many transportation needs as possible.“This update reflects the progress we are making, chipping away at our large backlog of pavement and bridge needs while adding some capacity expansion to address long-standing desires for better mobility.“The new update also includes investments across the modes and underwrites our goal of making sure the people of Pennsylvania have options for their day-to-day travels.”The new plan, to come into effect in 1 October, states that $11.3bn will go to state highway and bridge projects in the first four years, $8.6bn to public transit, $354M to aviation, $229M to rail freight and $305M to multimodal projects.Some of the major projects incorporated in the programme include the $3.3bn reconstruction of the Interstate 95 corridor in southeastern Pennsylvania, the $97.6M widening of U.S. 322, the Conchester Highway, in Delaware County and the $647M reconstruction of Interstate 83 in the Harrisburg region.The plan will be now submitted to the Federal Highway Administration and Federal Transit Administration for review and approval.
Extell Development Company has partnered with SMI USA to develop a $3bn residential and commercial project in midtown Manhattan.The 1,550ft-high Central Park Tower — to be located at 225 West 57th Street — is expected to be the tallest residential building in the Western Hemisphere when completed.The project was designed by Adrian Smith + Gordon Gill Architecture — which designed the world’s tallest building, the Burj Khalifa in Dubai — and is set to house fashion retailer Nordstrom’s first New York store.Gary Barnett, founder and CEO of Extell Development Company, said: “This strategic alliance with SMI brings together two international industry leaders with a track record of creating iconic global skyscrapers. SMI has developed the tallest building in Shanghai and we look forward to our partnership as we jointly develop the tallest building in New York City.“We believe the superb location, views, design and quality of Central Park Tower will make it the most important residential building ever to be built in New York City and expect it to be a great success for Extell and SMI.”The project is scheduled for completion in 2019.
John Deere has entered into a partnership with HCSS to enhance its construction machinery data communication and analysis system WorkSight.The partnership will also focus on the incorporation of Deere’s JDLink machine monitoring system into HCSS’s software.The partnership was one of the results of the Association of Equipment Management Professionals (AEMP) working with major machine manufacturers to standardise the telematics data available for integration into other applications, known as the Application Programming Interface (API).Liz Quinn, John Deere WorkSight product marketing manager, said: “Our partnership with HCSS empowers customers to leverage the existing telematics connection on their John Deere equipment and see their JDLink machine data in the powerful HCSS tool suite in conjunction with other telematic brands. “In addition, customers will be able to easily link from the HCSS application to the MyJohnDeere.com environment when they need to order parts, manuals, or have a closer look at a John Deere machine in the JDLink Dashboard. Seeing all brands of telematics data in one application optimizes a customer’s fleet management decisions and eliminates manual data entry and jumping from one manufacturer’s portal to the next.”Matthew DiTarando, John Deere customer and IT manager at Comanco Environmental Corporation, said: “We look forward to utilizing the open JDLink Machine Data API and integrating that vital telematics data into our HCSS products. Combining these two into one cohesive system will enable us to thrust our fleet department forward into a future of advanced planning of scheduled maintenance utilizing real-time telematics.”HCSS has been testing the JDLink Machine Data API, which is scheduled to launch later this year.WorkSight incorporates five technologies: the JDLink Telematics, Machine Health Prognostics, Remote Diagnostics and ProgrammingPayload Weighing and Grade Control.
Finbar Group is set to develop three residential towers in Western Australia’s Applecross suburb.The $350M three-stage project will be built on an 8,072sq m site and will feature 440 apartments with independent resort-style amenities. The ground floor will house commercial property.Finbar’s managing director Darren Pateman said: “This development will provide different living options to suit a range of buyers with needs that reflect their individual situations including downsizers who want to remain in their existing area, families, couples and younger buyers wanting to get a foothold into the new apartment market in a postcode that would otherwise be unobtainable for them.”Finbar has already started detailed design work on the project and hopes to submit the three stages for consideration and approval within the next two months. The company intends to begin the first stage of marketing early next year.
Ground has been broken on the US 181 Harbor bridge replacement project in Corpus Christi, Texas.The design and construction contract for the project has been awarded to Flatiron/Dragados.The new $930M bridge, with a main-span of 1,665ft, is expected to be the largest cable-stayed bridge in the US and the third-largest worldwide.It will have a 205ft navigational clearance above the Main Turning Basin waterway, offering the largest ocean-going vessels access to the Port of Corpus Christi.The project will make use of modern bridge technologies, materials and construction techniques that will support a life-span of over 170 years.Texas governor Greg Abbott said: “I would like to congratulate TxDOT, the Port Authority and the City of Corpus Christi on this achievement. The new Harbor Bridge will mean more exports, more economic growth, and that means more jobs.“This bridge will do so much more than just help people get from one side of the bay to the other, it will transport this region from one economic era to an even more prosperous one."The bridge is expected to be complete in 2021.
MGT Teesside has secured financing for the 299MWe Tees Renewable Energy Plant in North East England.The £650M biomass fuelled combined heat and power project — to be located on land within the Teesport Estate near Middlesbrough — will be delivered on a turn-key engineering, procurement and construction (EPC) basis by Tecnicas Reunidas and Samsung Construction and Trading (SCT) consortium.Biomass discharge services will be provided by PD Ports through the port of Teesport. Ben Elsworth, CEO of MGT Teesside, said: “The Tees REP project has had to overcome many hurdles in development but we have now successfully reached the next stage despite the difficult financing environment. We can’t wait to get work started on site and make this project a huge success for the Teesside region”. Cllr Dale Quigley, cabinet member for economic growth at Redcar & Cleveland Borough Council, said: “This is a massive investment into Redcar and Cleveland, and we really welcome this news which will bring high-quality jobs to people in our borough.” The project will create 600 construction jobs and about 100 full time jobs once operational.Site preparation works are set to commence shortly, with main construction works commencing a few months later. The project is scheduled to begin operations in 2020.
Abu Dhabi-based National Marine Dredging Company (NMDC) has secured an engineering, procurement and construction (EPC) contract for a new liquefied natural gas (LNG) terminal in Gujarat, India.Under the $316M contract, NMDC will be responsible for the land reclamation activities, and the construction of breakwaters, jetties and associated facilities.The project — part of the company’s plan to expand its operational footprint into Asia — will also include massive dredging and marine infrastructure works. Mobilisation of the equipment to the working site will start in the post-monsoon 2016 period.
Saudi Arabia is planning an $800M social housing project in partnership with the private sector, according to reports in the local media.The new residential units will be handed to widows and orphans in cooperation with the Ministry of Housing, and charities. The Kingdom is currently tackling a shortage of housing — in December 2015, the Housing Ministry said that the country will need an extra 3M houses by 2025.The Saudi Arabia government is urging investors to finance the project via a build-operate-transfer (BOT) or public-private partnership.Under the BOT, investors would fund the construction and receive financial returns from the sale or rent of the homes.
Developer Nakheel has released construction tenders for two new hotels in Dubai.The two, 3-star hotels will add a total of 670 rooms to the company’s hospitality portfolio.A 295-room hotel will be built in a 17,000sq m site at Dragon City — a shopping, residential and leisure destination — and will feature a restaurant, coffee shop and gym.The 15-storey, 375-room hotel, to be built at Ibn Battuta Mall, will include an all-day restaurant, gym and pool deck.The buildings are set to complement existing hotels at the two retail hubs, where major expansions will continue. The Dragon City expansion includes 204,000sq m of retail space, two residential towers containing 1,120 apartments and a car park facility with 6,200 spaces. Once completed, it will increase the size of the city to more than 1M sq m.The 400,000sq m expansion of Ibn Battuta features a 93,000sq m mall, a new cinema complex and a 7,000–space car park.
Chinese technology firm LeEco is set to invest RMB12bn ($1.8bn) to build an electric car plant in the eastern Zhejiang province of China.The plant, to be located near the Mogan Mountain in eastern Zhejiang, will have an annual production capacity of 400,000 battery-powered vehicles. The project will be carried out in two phases and will be part of a planned $3bn theme park, which will comprise auto-related elements. The company did not disclose details about when construction would commence on the plant or park.LeEco also plans to produce cars at a factory being built by US strategic partner Faraday Future in Las Vegas.
The government of New Zealand has committed $435M for the construction of the new Christchurch Northern Corridor and the second stage of the Christchurch Southern Motorway. The $240M Christchurch Northern Corridor will be built to the east of Belfast, from the Waimakairiri River to Cranford Street. The project will facilitate North Canterbury commuters travelling into Christchurch. The $195M second stage of the Southern Motorway project will transform the State Highway 1 into four lanes, north of Rolleston. The contract for this second stage has been awarded to a joint venture between McConnell Dowell and Downer. According to NZ Transport Agency southern regional director Jim Harland, both motorways will help improve travel times and support the growth of Christchurch as an important freight distribution centre and export hub.These are the two last Christchurch Motorways projects to be built under the government’s Roads of National Significance programme.Construction on the projects is expected to commence in October, and be completed within four years.
US-based brokerage and banking company Charles Schwab is set to construct a new regional campus in Westlake, Texas.The new $100M campus will feature more than 47,000sq m of commercial office space.The complex will be part of a large mixed-use development project — developed in coordination with Hillwood Properties — with Schwab’s campus being developed on 70 acres of land. Schwab’s executive vice president Dennis Howard said: “We’re excited to have this opportunity to expand our presence in Texas, and we’ll be ramping up our recruiting efforts from among the great wealth of employee talent in and around Westlake.“Like Austin, where we already have approximately 1,500 employees, and El Paso where we are building our presence, the Dallas/Fort Worth area is an important location for Schwab to better serve our clients. We look forward to significantly expanding our footprint there over the coming years.”The company is expected to create more than 1,200 new jobs over the next 10 years at the proposed campus. Construction work is expected to commence in 2017.
China Railway Group has signed a $3.14bn contract with Bangladesh Railway for the construction of the Padma Bridge Rail Link project in Bangladesh.The 168.6km, single-track rail line will originate from the existing Dhaka station and will pass through the Padma Multi-Purpose Bridge, which is under construction, via Mawa to reach Jessore via Bhanga.The middle section of the line will connect with the existing Rajbari-Kashiani Railway and Faridpur-Bhanga Railway. The entire line will represent the new framework for the Southwest Bangladesh railway network.The project will include the construction of bridges, roadbeds, ancillary works, track-laying works and communication signals.It will also involve the construction of station buildings and ancillary works, purchase of vehicles, construction design, training programmes and remedying defects upon completion of the rail line.The line will have a target speed of 120kmph and is expected to be built within four-and-a-half years.
US-based CB&I has won a $350M contract for the construction of a combined-cycle gas turbine power station located in the south-east of the US.Under the contract, the company will be responsible for the engineering, procurement, fabrication and construction of the 560MW power plant.The facility will use gas turbines capable of operating on a dual-fuel configuration, providing efficiency, reliability, operational and fuel flexibility.CB&I's president of engineering and construction operating group Patrick Mullen said: "CB&I has a long history of providing industry-leading experience in fossil power generation from the early stages of engineering and development, through procurement, fabrication, construction, operation and maintenance."CB&I is proud to help our customer ensure an affordable, reliable and cleaner energy supply for the future while providing the local community with a project that provides local jobs and values environmental stewardship."<iframe src="https://timetric.com/c/66G5DY8/chart/" style="width:500px;height:350px;border:0;" frameborder="0" scrolling="no"></iframe>
UAE-based developer Nakheel has awarded an AED1.5bn ($408.3M) contract to Dhabi Contracting for the construction of its Al Khail Avenue retail, dining and entertainment hub in Dubai.The 186,000sq m Al Khail Avenue has more than 112,000sq m of leasable space, 70% of which is already booked. It will feature cafes and restaurants, and a 4,000-space multi-storey car park, which can be accessed directly from Al Khail Road.The developer it is also adding a 252-room hotel to the complex. The 18-storey hotel will feature an all-day restaurant, coffee shop, lounge, outdoor terrace, pool deck gymnasium and car park. It will be directly connected to Al Khail Avenue and its 350 shops, restaurants and entertainment outlets. Earthworks at the site — alongside Dubai’s Al Khail Road on the edge of the Jumeirah Village Triangle (JVT) community — finished in June 2016 and construction work is scheduled to commence in October 2016. The development is expected to be complete in the first quarter of 2019.
US-based regional transmission organisation PJM Interconnection has approved a $636M investment for power transmission projects to enhance the grid and reduce electricity costs in the USA.A total of $320M will be invested in a project to alleviate transmission congestion across the Pennsylvania and Maryland border. The project will include improvements at existing substations, and the construction of two new substations and two new transmission lines, as well as improvements to existing lines. The development — to be built by Transource Energy, Baltimore Gas & Electric and Allegheny Power — is expected to be operational in 2020. PJM president and CEO Andrew Ott said: "This is PJM's largest-ever market efficiency project, and we expect it will resolve a significant amount of the remaining transmission congestion in the eastern portion of PJM."Additionally, PJM has approved a $316.3M for the new or changed projects to maintain the reliability of the regional electric transmission grid.