Grand River Development, managed by Riant Capital, has unveiled plans for a $1.1bn mixed-use commercial tower in Taipei, Taiwan. The Taipei Sky Tower will be located adjacent to Taipei 101 in Taipei’s prime Xinyi District and will feature a retail podium, a luxury hotel, a lifestyle hotel and a theatre house. The 54-storey tower will measure more than 260m in height and include 93,000sq m in combined floor area. Riant Capital’s CEO Aaron Chan said: “Due to the unique location and street front exposure of the site, we are able to re-create a new whole pedestrian block comprising independently operated retail and F&B flagship/concept stores that one typically finds in major international cities such as New York, Tokyo or Hong Kong. “We believe that this pedestrian shopping experience will offer consumers an attractive alternative to the traditional department store concept and that our innovative approach will further enhance Taipei Xinyi District’s status as a premium business and retail centre in Asia.”
India’s Bharat Heavy Electricals Limited (BHEL) has secured an engineering, procurement and construction (EPC) contract for the construction of a 1,320MW power plant in Bangladesh.The $1.49bn contract was awarded by the Bangladesh-India Friendship Power Company Limited (BIFPCL) for a turnkey package to build a 2x660MW Maitree Super Thermal Power Project at Rampal Upazila, under the Bagerhat district."The project is adopting stringent environmental norms with highly efficient machinery and state-of-art technologies have been selected for this project to make it an environment friendly project," NTPC said in a statement. BIFPCL is an equal-stake joint venture between Bangladesh Power development Board and NTPC of India.The plant is expected to be operational during the 2019-20 financial year.
Leighton Contractors Asia in a joint venture with China State Construction Engineering Hong Kong has won an AUD1.58bn ($1.19bn) contract for the construction of Tseung Kwan O—Lam Tin Tunnel in Hong Kong.The contract, awarded by the government of the Hong Kong Special Administrative Region, will include the construction of a 2.2km two‐lane highway tunnel together with associated slip roads, branch tunnels, viaducts and tunnel portal facilities.The works will also involve the delivery of two ventilation buildings and an administration building, as well as implementation of all associated building and supporting works.CIMIC Group’s executive chairman and CEO Marcelino Fernández Verdes said: “Delivering large infrastructure projects in busy urban areas is a core capability for Leighton Asia.“We value the opportunity to contribute our civil engineering capabilities to accommodate future growth through the expansion of infrastructure in such a fast growing city.”Leighton Asia’s managing director Manuel Alvarez Munoz said: “Leighton Asia has developed strong working relationships with both our JV partner, China State, and with our client, the Hong Kong government.“Through continued delivery of infrastructure that enhances Hong Kong’s transport systems, we are in a good position for future work.”Construction will begin in July 2016 and take about five years to complete.
L&T’s construction unit has won contracts worth a combined value of INR35.9bn ($534.1M) across various business lines.The company’s heavy civil infrastructure business, along with partner PES Engineers Private, has bagged an INR18.5bn ($274.4M) contract to build a barrage in Telangana, India.The scope of the contract, awarded by the Irrigation and Command Area Development Department of Telangana, includes construction of a 1632m-long barrage with radial gates.The scope of the contract also includes mechanical works related to the barrage radial gates with rope drum hoist arrangements, as well as construction of 2592m guide bunds on either side of the barrage across river Godavari at Medigadda, Mahadevapur in Karimnagar district, Telangana.L&T’s deputy managing director and president S.N. Subrahmanyan said: “It is noteworthy that the Government of Telangana has initiated work on the Medigadda Barrage Project in a very systematic and remarkable manner. “Christened a “Dream Project” of Telangana state, L&T is indeed proud to be part of this improvement plan to create irrigated agricultural production systems, which are vital for our country’s development.“This order reaffirms our expertise in building complex irrigation systems to empower the agrarian belts of the country.”L&T’s Water & Effluent Treatment Business has won an INR10.4bn ($154.8M) engineering, procurement & construction (EPC) contract from the Water Resources Department of Madhya Pradesh to build a balancing reservoir, distribution chamber and pumping station at Bansujara left bank’s main canal in Tikamgarh district, Madhya Pradesh.The contract includes design, procurement, construction and installation of pumping systems, rising and gravity main lines, branch lines, as well as distribution network including control and regulation system.The business has also bagged a contract from Ahmedabad Municipal Corporation, Gujarat, to build a 30 MLD Common Effluent Treatment Plant and associated pumping station at Danilimda, Ahmedabad. The plant will make use of sequential batch reactor technology.L&T’s Building & Factories Business has secured an INR3.94bn ($58.5M) contract for the construction of software development blocks. The scope of the work includes civil, structural, MEP and finishing works.L&T’s Power Transmission & Distribution Business has won EPC contracts valued at INR3.12bn ($46.3M) in the international market. This includes a contract from a Middle East customer to build two high-voltage substations. The business also won an order to build a medium voltage distribution substation and underground cabling works from Millennium Challenge Account in Malawi, Africa.
American oil giant Chevron has given the go-ahead to the $36.8bn Tengiz oil field expansion project in Kazakhstan.The Future Growth and Wellhead Pressure Management Project ((FGP-WPMP) is expected to raise crude oil production at the Tengiz oil field — owned and operated by Tengizchevroil (TCO), which is an affiliate of Chevron — by about 260,000 barrels daily.$27.1bn of the project’s cost will be used for facilities, while $3.5bn will be used for wells and $6.2bn for contingency and escalation. The project will make use of advanced sour gas injection technology, which has been successfully developed and proven during TCO’s expansion in 2008. Chevron’s chairman and CEO John Watson said: "The Future Growth and Wellhead Pressure Management Project represents an excellent opportunity for the company. The project builds on a record of strong performance at Tengiz and will add value for Chevron and its stockholders." Chevron Upstream executive vice president Jay Johnson added: "This project builds on the successes of prior expansions at Tengiz and is ready to move forward. It has undergone extensive engineering and construction planning reviews and is well-timed to take advantage of lower costs of oil industry goods and services." First oil is expected to be delivered in 2022.
Indian multi-national conglomerate Larsen & Toubro (L&T) has started work on Mumbai Metro Line 3 project.The project, valued at INR52.7bn ($781.8M), will be carried by the heavy civil infrastructure business of L&T Construction in association with its partner STEC of China.Work will include design and construction of underground stations as well as associated tunnels for Package 1 and Package 7 of the development.The Package 1 will include construction of underground stations at Cuffe Parade, Vidhan Bhavan, Church Gate, Hutatma Chowk, along with associated tunnels.The Package 7 will include construction of underground stations at Marol Naka, MIDC and SEEPZ, as well as associated tunnels from International Airport to SEEPZ.L&T’s deputy managing director and president S. N. Subrahmanyan said: "This is a significant win in the heavy civil infrastructure space and we hope that this is a sign for many such projects involving vital infrastructure that are in the offing."This mandate is truly representative of our expertise in building metros as we are already building some major metro projects in India and Middle East. With the support of our partners, we are confident of delivering as per the requirements of our client."The project is scheduled for completion in 48 months.
Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded three work package contracts worth MYR1.38bn ($342.7M) to build the Sungai Buloh-Serdang Putrajaya (SSP) Line in Malaysia.The contracts include two system work packages and one advance work package.Colas Rail Consortium has been awarded MYR693.03M ($172.1M) system work package, SY205, for the engineering, procurement, construction, testing and commissioning of power supply and distribution system for the SSP Line. Sapura – EVD Consortium has won the second system work package, SY206, for the engineering, procurement, construction, testing and commissioning of communications, government integrated radio network, commercial telecom (Infra) and information technology system for the SSP Line. The contract is valued at MYR632M ($156.9M).SN Akmida Holdings has secured a MYR59.5M ($14.7M) advance work package for the construction and completion of Sungai Besi police quarters and other associated works.
Italian construction firm Salini Impregilo has signed a framework agreement worth $3.9bn to construct a hydropower project in Tajikistan.The firm has been awarded the first lot of the project’s work, valued at $1.95bn, which includes the construction of a 335m-high rockfill dam with a clay core on the Vakhsh River. The dam will be located in Pamir — one of Central Asia's main mountain ranges.The agreement between Salini Impregilo and Rogun Hydropower Project, the state-run company that is coordinating the project, concerns the exploitation of the Pamir’s hydroelectric potential and include four lots. The three remaining lots are seen being assigned to the group by 30 September 2016.Upon completion, the project will include six turbines of 600MW each with a total installed capacity of 3,600MW — the equivalent of three nuclear power plants.
CIMIC Group’s company Leighton Asia has secured an AUD320M ($240M) contract from the government of the Hong Kong to build a Columbarium and Garden of Remembrance.The company will be responsible for the construction of an eight‐storey columbarium building, a 4,800sq m garden, an access road and other ancillary facilities.The project is part of the government’s aim to meet the shortage of public spaces dedicated to the memory of the deceased.CIMIC Group’s executive chairman and CEO Marcelino Fernández Verdes said: “This contract award recognises the strength of the CIMIC Group’s diverse capabilities. Our building portfolio in Asia continues to grow and the Hong Kong government’s commitment to the development of public facilities means we are well positioned for future work.”Leighton Asia’s managing director Manuel Alvarez Munoz said: “Leighton Asia has built a strong working relationship with the Hong Kong government’s Architectural Services Department (ASD).“This will be our fifth project with the ASD, for whom we are also currently undertaking work on a hospital and border crossing facilities. We are pleased to be able to work with them again, particularly on a project so important to the local community.”Work on the project is anticipated to begin in July 2016 and will be completed in March 2019.
Pfizer is set to construct a $350M biotechnology centre in China.The new facility will represent the company’s third biotechnology centre across the world and the first in Asia and will include an advanced modular facility by GE Healthcare, based on flexible single-use bio-manufacturing technology.The centre will accommodate the Pfizer China’s biosimilars and biologics quality, technical service, logistics and engineering divisions, in addition to commercial manufacturing. It will also serve as a process development and clinical supply site.Pfizer Essential Health group president John Young said: “We believe that the Pfizer Global Biotechnology Center in Hangzhou will help support China’s aim to increase the complexity and value of its manufacturing sector by 2025, and contribute to building a truly innovative and vibrant biopharmaceutical industry.“We are encouraged by a series of important reforms introduced by Chinese government that will further stimulate the industry to meet emerging health challenges, such as the rising incidence of non-communicable diseases and an aging population; as well as attract both domestic and foreign investment in healthcare and R&D.”The facility is anticipated to be completed in 2018, creating more than 150 jobs in the region.
India-based MBL Infrastructures has secured a road project worth INR7.79bn ($115M) from National Highways Authority of India (NHAI).The company will deliver the project on a design-build-finance-operate-transfer basis. The scope of the project will include six laning of green-field proposed Udaipur bypass road in Rajasthan.During construction, 40% of the bid project cost amounting to INR3.11bn ($45.7M) will be financed by NHAI and the remaining 60% amounting to INR4.67bn ($68.7M) will be arranged by the concessionaire.The project is expected to be operational within 15 years, starting from the commercial operation date.
Leighton Asia’s subsidiary Leighton India Contractors has signed an AUD223M ($169.5M) contract to deliver phases two and three of a mixed-use development in Mumbai, India.The development, known as Maker Maxity, is located in the Bandra Kurla Complex, and its phases two and three will include the development of retail and hospitality facilities.The scope of the work includes structural and civil works, mechanical, electrical and plumbing services, lifts and escalators, façade, finishes and external works for the facilities.Leighton Asia’s managing director Manuel Alvarez Munoz said: "We are delighted to have secured our first major project with the Maker Group, one of India's most prestigious developers."Leighton Asia will bring its international experience, wealth of local knowledge and commitment to safety and quality to facilitate the timely completion of this major project."Work has commenced in June 2016, and is scheduled to be complete in mid‐2019.
Larsen & Toubro's construction unit has secured contracts worth INR24.16bn ($355.5M) across various business segments in June 2016.The building & factories business segment has won orders worth INR11.65bn ($171.4M) for a high-rise residential project from a Mumbai-based developer.The scope of work will include the civil and structural works for the construction of two residential towers, each having three basements, seven podiums, 66 floors and other ancillary buildings.The business has also secured a contract for the construction of a mixed-use development from a customer in Kolkata. The project will involve the civil and structural works for the construction of two towers of 15 and seven floors respectively, with two levels of common basement.The unit’s power transmission & distribution business has won orders worth INR11.2bn ($164.8M) in the domestic and international markets.The business has secured an engineering, procurement and construction (EPC) contract from a customer in the Middle East. The scope of the work will include the construction of a medium voltage overhead line, which will enhance the reliability of the existing network.On the domestic market, the unit has been awarded contracts from Paschimanchal Vidyut Vitaran Nigam Limited (PVVNL) in Uttar Pradesh. The first contract includes the construction of 33kV substations and associated lines in Ghaziabad, while the second contract involves rural electrification, including feeder separation works in Meerut.The smart world & communication business has won a contract valued at INR1.31bn ($19.2M) from RajCOMP Info Services for establishing and commissioning command & control centres at Bikaner, Bharatpur and Jodhpur cities under the Surveillance and Incident Response Project.
India-based infrastructure firm Gayatri Projects has won an order worth INR7bn ($103.6M) from City and Industrial Development Corporation of Maharashtra (CDICO) for the Navi Mumbai airport.The scope of the work includes the development of land for the Mumbai International Airport Package-III project.Gayatri Projects said in a stock exchange filing: "The construction and development of airports will prove to be a major source of business for infrastructure companies, given that the Indian aviation sector is likely to see investments of over $120bn for the development of airport infrastructure and aviation navigation services over the next decade."According to the company, the project is in line with the management’s decision to follow an asset-light model and will further strengthen its position in the Indian construction market.
KTC Civil Engineering & Construction has secured a SGD418M ($311M) contract from Singapore’s Land Transport Authority (LTA) for the construction of Sungei Bedok station and its associated tunnels. The new contract represents the last of nine major civil contracts for Thomson–East Coast Line (TEL) in Singapore.KTC Civil Engineering is currently involved in the construction of Downtown Line 3 (DTL3) Tampines station, as well as TEL’s Orchard Boulevard station.Sungei Bedok station, to be constructed as a civil defence shelter, will be an interchange station connecting TEL with the DTL. As part of the 43km-long TEL, the 13km East Coast stretch will also connect commuters to the Thomson stretch of the TEL, which serves the north-south corridor.The East Coast stretch, to be completed in two stages, will have nine stations, including one that will interchange with the Downtown Line at Sungei Bedok.The first seven stations from Tanjong Rhu to Bayshore will be completed in 2023, while the remaining two stations will be finished in 2024.
Larsen & Toubro subsidiary L&T Hydrocarbon Engineering Limited (LTHE) has secured contracts worth INR11.7bn ($174M) across its various business segments.The business has won a lump-sum turnkey contract valued at INR3.55bn ($53M) from Indian Oil Corporation Limited (IOCL) for a coke drum system package including a 1.7M metric tonnes per annum delayed coker unit at its Haldia Refinery in West Bengal, India. Reliance Industries Limited has awarded another contract worth INR5bn ($74.4M) to L&T Hydrocarbon for its MEG, LDPE and CO shift & AGR shift of DTA units.LTHE has won an INR2bn ($29.7M) contract from Hindustan Mittal Energy Limited (HMEL) for composite mechanical works of its Low Cost Expansion Project and services for capacity expansion at Guru Gobind Singh Refinery, Bathinda. The scope of work involves the structural fabrication and erection, piping for multiple process units, tankage works, equipment erection, E&I works and shutdown works.The business has secured an order worth INR1.15bn ($17.1M) for an on-going project in Kuwait, which includes the fabrication of piping spools, to be supplied from L&T’s Kattupalli Yard near Chennai, and supply of static equipment to an Indian client from L&T’s Hazira Yard located in Gujarat.
BASF Shanghai Coatings has begun construction on a new €140M automotive coatings plant in Shanghai, China.The new plan, to be located at the company’s existing site at the Shanghai Chemical Industry Park in Caojing, will expand the existing automotive coatings plant, which started production in 2014.BASF’s president and chairman for Greater China Stephan Kothrade said: “With the expansion, we continue to invest in local production to get even closer to China’s automotive industry.“As the leading chemical supplier to the automotive industry, BASF will take an active role in developing this rapidly growing business, based on our local production network, innovative power and market knowledge.”The plant is expected to commence operation in the fourth quarter of 2017.
Gammon Construction, the Hong Kong-based joint venture of Balfour Beatty and Jardine Matheson, has secured an HKD4bn ($515.3M) contract from Taikoo Place Holdings for the redevelopment of Somerset House in Taikoo Place, Hong Kong.The project will include the redevelopment of Somerset House into a 48-storey office building on top of a two-storey basement, covering a total gross floor area of approximately 94,000sq m. It will also involve the construction of the associated walkways.The development will incorporate Building Information Modelling (BIM) to define the efficient approach to design, avoid programme and utility clashes, as well as enhancing environmental efficiencies.Gammon’s CEO Thomas Ho said: “We are delighted to have been selected by Swire Properties and to be involved with this landmark project.“Gammon’s advanced technological standards and expertise in building construction was critical for the award of this project.”Construction is set to start immediately with completion scheduled for 2018. The project will create 1,400 jobs during peak construction.
Gammon Construction has secured a HKD2.6bn ($335M) contract from Chinachem Group to build a residential project in Hong Kong.To be located at Tseung Kwan O Town Lot No. 93, the project will include the construction of six 12–18-storey residential towers, and five four-storey homes that together will provide 857 new homes.Gammon — a joint venture between Balfour Beatty and Jardine Matheson — will use a range of innovative approaches, such as aluminum formwork instead of traditional timber formwork for the tower structure and 3D scanning and Building Information Modelling (BIM) to assist with detecting construction programme clashes.Gammon’s CEO Thomas Ho said: “Our team is excited to work with Chinachem Group to deliver excellent and meticulous building works that will add to their impressive and diverse range of high-quality properties.“We are looking forward to the unveiling of this new phase of development in the Southern part of Tseung Kwan O.” Construction has recently started and the project is scheduled to be complete by the end of 2017.
Johnson Controls has established a joint venture with Binzhou Bohai Piston to construct a new $200M automotive battery manufacturing plant in China.To be located in Binzhou, Shandong Province, the new facility will be the company’s fourth battery manufacturing plant in the country.Once operational, the unit will be able to manufacture 7.5M batteries annually. Johnson Controls’ president for Asia Pacific region Trent Nevill said: "Johnson Controls remains committed to serving our customers wherever they are in the world with investments such as this manufacturing plant and joint venture, which brings our leading technologies and global best practices to China."Construction of the new plant is anticipated to commence in 2017, with production starting two years later. The unit will employ 650 people at its full capacity.