Dubai developer Nakheel has signed a joint venture agreement with RIU Hotels & Resorts to develop a $170m hotel at Nakheel's Deira Islands master development.
A team of French firms comprising Alstom and Bouygues Travaux Publics has secured a contract with the Light Rail Manila Corporation (LRMC) to upgrade and extend Light Rail Transit Line 1 of Philippines’ Manila metro.
San Miguel, through its subsidiary Universal LRT (ULC), has reached financial close on the Metro Rail Transit (MRT) Line 7 project in Philippines.
Bharat Heavy Electricals Limited (BHEL) has secured a contract from NTPC for the supply of two 800MW steam generators (boilers) with supercritical parameters for a power plant project in Telangana, India.
Chinese bio-energy company Sunshine Kaidi New Energy Group is set to construct a €1bn ($1.13bn) biofuel refinery in Kemi, Finland.