China Evergrande Group will receive a refund of $818m from Guangzhou following the cancellation of contract to construct a football stadium, reported Bloomberg.
China Railway Construction Investment Group (CRCC) has plans to divest 49% stake in Hengda Zhiye, the Evergrande-controlled firm based in Shenzhen city.
Wavegarden has started civil work on the Wavegarden Cove surfing lagoon in Turtle Island, Siheung in the Gyeonggi province of South Korea.
The BMW Group has taken up an expansion of the BMW Brilliance Automotive (BBA) joint venture battery factory in China.
L&T Construction, a subsidiary of Larsen & Toubro (L&T), has won orders valued at INR54.58bn ($800.3m) from various private and government clients in India.
Gammon Construction, an equal stake joint venture between Balfour Beatty and Jardine Matheson, has won a SGD$253m ($188.6m) contract from Global Switch to establish a data centre in Singapore.
UK-based architectural design and engineering firm Foster + Partners has unveiled designs for the new headquarters for DJI, a robotics company, currently under construction in Shenzhen, China.
Global Switch, an owner and operator of large-scale carrier and cloud-neutral data centres in Europe and Asia-Pacific, is establishing Singapore Woodlands, a SGD280m ($209.8m) data centre in Singapore.
Shimizu Corporation of Japan is conducting trials for autonomously controlled construction robots inside the Robot Laboratory at Shimizu’s Institute of Technology in Etchujima, Tokyo.
L&T Construction, the construction arm of Larsen & Toubro (L&T), has won orders worth INR58.74bn ($902m) in India and abroad.
India-based engineering major Larsen & Toubro (L&T) has won an INR25bn ($384.25m) contract from the Government of Maharashtra, India for the construction of a 210m-high statue of Maratha warrior king Shivaji in the Arabian Sea.
L&T Construction, the construction unit of Larsen & Toubro, has won orders worth INR15.93bn ($244.52m) in India.
Samsung Electronics, involved in the manufacture of advanced semiconductor technology, has broken ground on a new extreme ultraviolet (EUV) line in Hwaseong, Korea.
UAE-based master developer Nakheel has awarded a contract worth AED4.2bn ($1.1bn) to United Engineering Construction for the construction of its new shopping, dining and entertainment destination, Deira Mall, in Dubai.
L&T Construction has won orders worth INR15.85bn ($247.41m) across various business segments.
L&T Construction, the construction arm of Larsen & Toubro, has won orders worth INR22.75bn ($354.67m) across various business segments.
Canada Pension Plan Investment Board (CPPIB) and Longfor Properties (Longfor) have extended their cooperation to include two new mixed-use real estate development projects in Chengdu and Shanghai in China, for a total CPPIB commitment of RMB4.2bn ($665m).
Taiwan Semiconductor Manufacturing Company (TSMC) has broken ground on Phase 1 facility of Fab 18 at the Southern Taiwan Science Park.
Chayora, a Hong Kong-based developer of data centres, has finalised agreements with the government of Beichen, Tianjin to commence work on the company’s first hyperscale data centre campus in China.
BP has announced plans to build a third lubricants blending plant in China to meet the growing demand for high quality lubricants in the country.