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.
The construction arm of Indian conglomerate L&T has bagged INR30.39bn ($446.8M) worth of orders across its various business segments.
Tokyo breaks ground on the new $1.5bn national stadium that will serve as the main venue for the 2020 Olympic Games.