Great Lakes Dredge & Dock, a provider of dredging services, has secured an $88M contract for the first phase of the Mississippi Coastal Improvements Program (MsCIP) Comprehensive Barrier Island Restoration in the US.
The planning committee of the Reigate & Banstead Borough Council has approved plans for the construction of a multiplex cinema, restaurants and shops complex in Redhill town centre in the UK.
Developer Commercial Estate Group (CEG) has secured planning consent for its office development in the London Borough of Ealing.
Santa Clara University (SCU) has received $100M to develop the Sobrato Campus for Discovery and Innovation.
Dubai South has signed a memorandum of understanding (MoU) with Deyaar Development to develop a mixed-use project in Dubai South’s Residential District.
Olti Gjomema, construction industry analyst at Timetric’s Construction Intelligence Center, presents Donald Trump, the builder along with some of his property investments.
Crosslane Student Developments has submitted its first planning application in Coventry for the construction of a purpose-built student housing on Friar’s Road.
Roquette has announced plans to invest over CAD$400M ($300.7M) in the construction of a new pea-protein manufacturing facility in Portage la Prairie, Manitoba, Canada.
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].
Aberdeen FC Community Trust and Aberdeen Football Club have submitted plans for a football and community sports hub in the north-east of Scotland, UK.
The Construction & Infrastructure division of Morgan Sindall Group has been selected by Liverpool City Council to execute two projects as part of the local authority’s Paddington Village project, a proposed £1bn expansion to Liverpool’s Knowledge Quarter.
Youssef Ouchagour, construction industry analyst at Timetric’s Construction Intelligence Center, looks at the current state of the healthcare construction market and presents five of the largest healthcare projects currently under construction in the Gulf Cooperation Council (GCC) region.Building adequate and effective healthcare facilities has become an urgent priority in the GCC region as the pressure continues to grow on the existing healthcare infrastructure due to a number of regional factors, including rapid population growth, higher life expectancy, a higher per capita income and a rise in lifestyle related diseases. GCC healthcare construction market outlookAccording to Timetric’s Construction Intelligence Center (CIC) project database, there are 119 active healthcare projects in the GCC countries with a combined value of $46bn. As expected, the majority of these projects are located in Saudi Arabia, the country with the largest population in the GCC, followed in order by the United Arab Emirates, Kuwait, Oman, Qatar and Bahrain. 40% of active projects in the GCC region, with a combined value of $21bn) are under execution, with the remaining 60% of projects at various pre-execution stages, with a combined value of $25bn. This shows that there is a wealth of future opportunities within the healthcare sector for the GCC construction industry.The expected growth of the Healthcare Sector in the GCC region over the next few years will be mainly driven by the GCC governments’ efforts to strengthen and modernise their healthcare system — 68% of the active Healthcare projects in GCC countries are publicly funded projects; these have a combined value of $39bn. Privately funded projects represent 25% of the total number of active healthcare projects in the region and have a combined value of $4.5bn. The total investment in healthcare projects through public/private partnership is around $2.2bn. The number of projects funded by the private sector is set to grow over the next few years due to the high demand for high quality healthcare facilities and services and the rise of the medical tourism trend in the region. The same is expected for projects funded through public/private partnerships as the GCC governments are looking for alternative ways to fund healthcare projects due to budget restraints.
OHL Industrial has won a €224.6M contract from Ecocementos for the construction of a cement plant in Colombia.
Developer J2 Global has received planning permission from Luton Borough Council to transform the former Vauxhall car plant site in Luton into a £300M mixed-use development.
UK-based Wates Residential has been selected to construct the first phase of the Abbey Area Redevelopment project in Camden, London.
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.
Carillion has commenced construction on a build-to-rent project, known as Angel Gardens, in Manchester’s NOMA district in the UK.
Construction firm Multiplex has been selected by the Chinese developer Dalian Wanda Group to construct its £1bn One Nine Elms development near Vauxhall in London, UK.
Chelsea Football Club has secured the go-ahead from Hammersmith & Fulham Council to build a new stadium at Stamford Bridge in Fulham.
A consortium of Van Oord and Urbeinveste Projectos Imobiliários has won a contract from the Angolan government for the Marginal da Corimba project in Luanda, Angola.