Indian infrastructure giant Larsen & Toubro (L&T) has announced that its construction unit has won contracts worth INR19.26bn ($282M) across its business units.
Construction has started on the new Guangzhou Infinitus Plaza in Baiyun New Town, Guangzhou, China.
The Asian Development Bank (ADB) and the government of India have signed a $500M loan for the construction of a new road bridge across the Ganges River in India.
A consortium of companies from China, Italy and Malaysia has secured a MYR1.39bn ($328M) contract for the construction of a high-density polyethylene plant in Johor, Malaysia.
GMR Airports has signed the concession agreement with the state government of Goa, India for the development of northern Goa’s Greenfield International Airport.
Malaysia’s Mass Rapid Transit Corporation (MRT Corp) has awarded two viaduct work package contracts worth MYR1.57bn ($369M) for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line in Malaysia.
The president of Tajikistan has inaugurated the start of construction at what will be the tallest dam in the world, located at Rogun in the Central Asian country.
US-based engineering firm Aecom has secured a contract to provide detailed design services for Hong Kong International Airport’s new passenger building.
The Goodyear Tire & Rubber Company has broken ground on a $485M project to expand its tyre factory in Pulandian, China.The project will boost the plant’s annual capacity by about 5M tyres. Goodyear chairman, CEO and president Richard Kramer said: “This investment in our Pulandian factory speaks to our long-term strategy of pursuing sustainable growth in the Asia Pacific region and increasing Goodyear’s presence in high-value segments of the global tyre market that are growing at rates above the total industry where we can capture the value of our brand.”Work is expected to be complete by 2020.
India-based G R Infraprojects has secured an INR14.4bn ($216M) contract for the widening of a highway segment in Punjab, India.
A consortium of China Railway Construction Corporation, China Railway Group and China Communications Construction Company has won a MYR8.9bn ($2.1bn) contract for a railway project in southern Malaysia.
Indian engineering and construction firm BGR Energy Systems has won a contract from Tamil Nadu Generation and Distribution (TANGEDCO) for Stage III of the 800MW North Chennai Thermal Power project in Tamil Nadu, India.
China Communications Construction Company has won a MYR46bn ($10.9bn) engineering, procurement and construction (EPC) contract for the construction of the East Coast Rail Link project in Malaysia.The 620km rail line, expected to cost MYR55bn ($13.1bn), will include the construction of an east-west trunk railway line in Malaysia, connecting eastern cities and towns with the nation’s capital. Upon completion, the project will connect townships such as Port Klang, ITT (Integrated Transport Terminal) Gombak, Kuantan, Kuala Terengganu, Kota Baru and Tumpat.The rail line, financed by the Export-Import Bank of China, will be delivered in phases. Construction work is expected to commence in early 2017 and be completed in 2022.
Malaysia-based Sarawak Energy has signed an agreement with General Electric (GE) and Sinohydro for the construction of the 400MW combined cycle gas turbine (CCGT) Block at Tanjung Kidurong in Sarawak, Malaysia.
India-based KMC Constructions has secured a INR12.74bn ($190.5M) contract from the National Highways Authority of India (NHAI) for the construction of a road segment in Himachal Pradesh, India.
Lum Chang Building Contractors has won a SGD325M ($233.8M) contract from the Land Transport Authority (LTA) to construct viaducts and a new platform at Tanah Merah station in Singapore.
Evonik Industries has broken ground on its second DL-methionine plant in Singapore.The €500M plant will have a production capacity of 150,000t annually.Evonik sells the amino acid DL-methionine under the MetAmino brand name. The new facility will boost the company’s annual capacity of MetAmino to about 300,000t in Asia, and to about 730,000t across the globe.Evonik Industries chairman of the executive board Klaus Engel said: "Our methionine complex, which came on-stream in late 2014 on Jurong Island, is a success story. This led to our decision to build a second plant next to it."The demand for MetAMINO for animal nutrition is continuing to grow at a very fast rate in Asia."The facility is anticipated to be operational in 2019, and create more than 150 jobs.
A consortium comprising Larsen & Toubro and Sojitz has won an INR37.99bn ($569.2M) contract from the Dedicated Freight Corridor Corporation of India (DFCCIL) for a railway project in India.
Cimic Group company Leighton Asia, through its subsidiary Leighton India Contractors, has secured a contract to deliver the Ten BKC project in Mumbai, India. The 2ha development — to be located in the Bandra Kurla Complex — will feature 40 apartment blocks comprising 937 apartments. Leighton will be responsible for the delivery of structures, mechanical, electrical and plumbing services, finishes and external works. The company’s revenue for the project will be AUD140M ($106.6M).Cimic Group executive chairman and CEO Marcelino Fernandez Verdes said: “This is the second premium project we have secured in the Bandra Kurla Complex, demonstrating Leighton Asia’s track record in the high-end building sector.”The project has already started and is expected to be complete in June 2019.
India’s Cabinet Committee on Economic Affairs (CCEA) has given the go-ahead to a INR19.6bn ($292M) highway project in the country.