The Asian Infrastructure Investment Bank (AIIB) has approved $575m loan for the Indian Government to help in easing congestion in the country’s financial hub as well as strengthen renewable energy, power transmission and water infrastructure.
US-based real estate firm Dewitt Carolinas has unveiled a master plan for a 40-acre mixed-use destination, dubbed Midtown Exchange, in Raleigh, North Carolina.
Romanian real estate developer One United Properties has secured building permission for the first phase of One Cotroceni Park mixed-use project in Bucharest, Romania.
European construction material producer Saint-Gobain has agreed to acquire US-based gypsum product manufacturing company Continental Building Products for $1.4bn.
Indian construction firm Larsen & Toubro (L&T) has been awarded engineering, procurement and construction (EPC) contracts for various projects in India.
Finnish construction company YIT and the City of Järvenpää have secured approval from the Järvenpää City Council for the development of Perhelä area in Finland.
HSA Group Joint Venture, a joint venture of American infrastructure firm Aecom with Australian construction companies John Holland and Seymour Whyte, is executing the A$481m ($330m) Bruce Highway duplication and upgrade project between Edmonton and Gordonvale in Australia.
Real estate investment trust Bleutech Park Properties is set to break ground on $7.5bn Bleutech Park, a first-of-its-kind energy-efficient mini-city, with the purchase of 210 acres at the south end of the Las Vegas Strip in Nevada, US.
US-based food processor and distributor Koch Foods has broken ground on a new grain storage and distribution facility in Attalla in Alabama, US.
US-based technology company Google has broken ground on a $600m data centre in New Albany, Ohio.
The UK government’s Crown Commercial Service (CCS) has named 128 companies in the first tranche of a £30bn public sector construction framework.
Saudi Arabia-based Al Akaria Saudi Real Estate Company has partnered with Arabian Dream KSA, which is principally owned by Triple Five Worldwide, to develop what it claims to be the world’s largest mixed-use entertainment and shopping centre development in Riyadh.
British architecture firm Foster + Partners has won a contract from The Red Sea Development Company (TRSDC) to design a new international airport at The Red Sea project, a tourism destination being developed in Saudi Arabia.
US-based Tyson Fresh Meats has broken ground on a $300m case-ready beef and pork facility in Eagle Mountain in Utah County, Utah.
A joint venture of multifamily housing developer The NRP Group and real estate focused family office investment firm Willton Investment Group has broken ground on upscale apartment communities in Austin, Texas, and Largo, Maryland.
Skanska has won a contract worth €170m from Citycon, an urban shopping centres developer in the Nordic and Baltic region, to build the Lippulaiva shopping centre in Espoo, Finland.
CIMIC Group company CPB Contractors has been awarded design and construction contract to upgrade the northern section of M80 Ring Road in Melbourne, Australia.
The Government of Saskatchewan has opened the C$1.9bn ($1.45bn) bypass project around Regina in the Saskatchewan Province in Canada after four years of construction.
US-based engineering company HOK and architecture, landscape architecture, interior design and urban planning corporation Arquitectonica have developed plans for a Major League Soccer Stadium (MLS) and a mixed-use complex for Inter Miami CF in Miami, Florida.
The University of Otago has unveiled plans for the construction of a 450-bed residential college to meet a forecast increase in student enrolments.