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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.
Siemens and its Japanese consortium partner Marubeni have secured a $550M contract to deliver a turnkey combined cycle power plant in Thailand.
Bharat Heavy Electricals Limited (BHEL) in collaboration with ABB has won a INR13.6bn ($200M) order from the Power Grid Corporation of India to deliver the ultra high voltage direct current (UHVDC) transmission project in India.
Sembcorp Industries’ subsidiary Sembcorp Myingyan Power Company has signed a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar (MOEE) for its $300M gas-fired power plant in Mandalay, Myanmar.
Soletanche Bachy, a subsidiary of Vinci, has formed an equal joint venture with its South Korean partner Sambo E&C to carry out ground reinforcement work at Hong Kong International Airport.
Elegance Sonata (ESSB), a subsidiary of Gadang Land, has entered into a development rights agreement with Kwasa Development for the development of R3-1 in the Malaysia’s Kwasa Damansara Township [Kuala Lumpur pictured].
Lebuhraya DUKE Fasa 2A (LDF2A), a subsidiary of Malaysian construction firm Ekovest, has received approval in principle from the government for the privatisation of the MYR6.32bn ($1.4bn) Kampung Baru Link, Istana Link and Kapar Link expressway.
Indian construction firm Larsen & Toubro (L&T) has been selected as the principal contractor for a project to redevelop the Sardar Patel Stadium in Gujarat, India.
Oilfield services company SapuraKencana Petroleum has announced that its wholly-owned subsidiaries secured contracts worth about $300M in Malaysia [Kuala Lumpur pictured].
Swiss power and automation technology company ABB has secured an order worth over $640M from the Power Grid Corporation of India to construct a transmission link that will have the capacity to bring reliable electricity to more than 80M of people in India.
Ekovest Construction (ECSB) and Samling Resources (SRSB) have signed a joint venture (JV) and shareholders agreement to develop and upgrade a stretch of the Pan Borneo highway in Sarawak, Malaysia.
Japanese tire manufacturer, Bridgestone, has unveiled plans to build two new manufacturing plants in Thailand.
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