China is planning to build a new city to be nearly three times the size of New York, it has been reported.
L&T Construction, the construction unit of Larsen & Toubro (L&T), has announced that its Buildings & Factories business won an INR29.03bn ($447M) contract for the construction of a residential project in Mumbai [pictured], India.
Mott Macdonald has announced that the Karot hydropower project in Pakistan has achieved financial close.
Chicago Bridge & Iron Company (CB&I) has won a $460M contract for the Afipsky Oil Refinery Expansion Project in Krasnodar [pictured], Russia.
Singapore-based construction firm KSH Holdings has won a contract from the National University of Singapore [pictured] to construct a research facility.
L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has won a $245M contract from the Oil and Natural Gas Corporation (ONGC) for the Neelam Redevelopment & B173AC project offshore India.
Beijing Zhonghang Zhucheng Airport Construction Consulting Co., Ltd (Zhonghang Zhucheng) has appointed Arup Group Limited to provide engineering services for the reconstruction and extension of Lhasa Gonggar International Airport (LXA) in Tibet.
IFC, a member of the World Bank Group, has announced plans to invest $100M in the 720MW Karot run-of-river hydropower project in Pakistan.
G-Tech Optoelectronics (GTOC), a subsidiary of the Foxconn Technology Group, has teamed up with Kinestral Technologies to renovate its existing touch panel manufacturing facility in Taiwan in order to support the production of responsive smart-tinting glass Halio.
Lian Beng Construction, a unit of Singapore-based construction group Lian Beng Group, has won a $435M ($307.5M) contract from the Housing & Development Board (HDB) to build a multi-user industrial complex at Defu South area in Singapore.
Test drilling for India’s first undersea high-speed rail tunnel has commenced, The Economic Times reported.
Two wholly-owned subsidiaries of Malaysia-based oilfield services company SapuraKencana Petroleum Berhad (SKPB) have won contracts worth $97.4M.
Knusford Berhad (KB), a Malaysian construction and property firm, and China Railway Dongfang Group Sdn. Bhd. (CRECSB) have secured a $166M contract from ArthaLand to provide engineering, procurement and construction (EPC) services for its Cebu Exchange project in the Philippines.
German automotive firm Daimler has unveiled plans to build its first passenger car production plant in Russia, entailing an investment of more than €250M.
Indian engineering and construction group Punj Lloyd has secured contracts worth INR3.48bn ($51.9M) in its pipeline and tankage division.
French firm Veolia has been awarded a €156M contract by the Sri Lankan National Water Supply and Drainage Board (NWSDB) for the construction of five new water treatment plants in Sri Lanka.
A consortium of WSP Engineering Malaysia, Mott MacDonald Malaysia and Ernst & Young Advisory Services has been chosen as the joint development partner (JDP) by Malaysia’s MyHSR and Singapore’s Land Transport Authority (LTA) for a high-speed railway link (HSR) project that will connect Kuala Lumpur and Singapore.
The World Bank Group has allotted $200M in funding for repairs to Lebanon’s road network.
The Asian Development Bank (ADB) has provided $109M in financing for the Muara Laboh geothermal power generation project in western Indonesia.
Larsen & Toubro’s construction unit has secured contracts worth a combined value of INR12.86bn ($189.1M) in India.