Bangalore International Airport Limited (BIAL) has signed a Memorandum of Understanding (MoU) with Virgin Hyperloop to conduct a feasibility study for a proposed hyperloop corridor from Bangalore Airport.
The Indian Cabinet Committee on Economic Affairs (CCEA) has approved the INR56.17bn ($763.2m) Haryana Orbital Rail Corridor Project from Palwal to Sonipat via Sohna-Manesar-Kharkhauda.
Philippine Infradev’s wholly-owned unit Makati City Subway has awarded an EPC contract, worth $1.2bn, to China Construction Second Engineering Bureau for the construction of the $3.7bn Makati Subway Project.
World Bank has signed an $82m financing deal with the state government of Himachal Pradesh in India to fund the $303.4m Himachal Pradesh State Roads Transformation Project to improve traffic flows on priority segments of the state’s core road network.
Strabag’s subsidiary Strabag Rail, in consortium with Czech partner OHL ŽS, has been awarded a €106m contract to upgrade 9.6km section of track from Dětmarovice to the Polish border in the Czech Republic.
The European Investment Bank (EIB) has agreed to invest €650m to fund the construction of 32.4km metro line in Kanpur in the Indian state of Uttar Pradesh.
Gammon Construction, a 50/50 joint venture between Balfour Beatty and Asian-based conglomerate Jardine Matheson, has won a HK$12.88bn (about £1.27bn) contract to expand Terminal 2 at Hong Kong International Airport.
The Asian Development Bank (ADB) has approved a $1bn loan to fund the construction of $3.94bn Delhi-Meerut Regional Rapid Transit System (RRTS) network in India.
The European Bank for Reconstruction and Development (EBRD) has announced the financial closure of BAKAD project, a $585m ring-road located around the city of Almaty in Kazakhstan.
The Philippines’ Department of Transportation (DOTr) has awarded two civil works contracts, worth around PHP38bn ($728m) in total, for the $6.1bn Malolos–Clark Railway Project.
SNC-Lavalin announced that its Atkins business in a joint venture with Arup, has secured a design consultancy contract from MTR for the Tung Chung Line Extension in Hong Kong.
Gammon Construction, a 50/50 joint venture between Balfour Beatty and Jardine Matheson, has been awarded HK$5.67bn (£577m) contract to construct buildings, electrical and mechanical (E&M) works for the Central Kowloon Route.
The World Bank has agreed to provide a loan of $500m to Bangladesh to improve road connectivity along the Jashore-Jhenaidah corridor that covers four western districts.
L&T Construction’s transportation infrastructure business has been awarded EPC contract to build Packages 11 and 22 of the Delhi-Vadodara Expressway in India.
The Asian Infrastructure Investment Bank (AIIB) has approved a loan of $165.5m to Uzbekistan to improve road efficiency, safety and climate resilience of cross-border roads in the Bukhara region.
The Asian Development Bank (ADB) has agreed to provide a $100m loan to improve the rural road network in Bangladesh.
The World Bank has agreed to provide $450m for the development of roads in Nepal and also to set course for post-Covid-19 economic recovery through cross-border trade and better road safety.
Airport Authority Hong Kong has awarded HK$7.2bn (£760m) contract to Balfour Beatty’s Hong Kong joint venture (JV) company, Gammon Construction, to deliver major tunnelling project at Hong Kong International Airport.
South Korean conglomerate Hyosung announced its plans to build the largest liquid hydrogen plant in the world.
L&T Construction’s heavy civil infrastructure business has been awarded two contracts to build Regional Rapid Transit System (RRTS) Infrastructure in Uttar Pradesh, India.