Chicago Bridge & Iron Company (CB&I) has bagged an EPC contract worth $200m to establish two LNG storage tanks for Venture Global’s Calcasieu Pass export facility in Southwest Louisiana, US.
Daimler, the parent company of Mercedes-Benz, is set to construct a new battery production facility in Beijing, China.
Hochtief Polska has bagged a €84m contract from Vastint Poland to build an office park in Wroclaw, Poland.
Arabtec Construction, a wholly-owned subsidiary of Arabtec Holding, has been awarded a contract valued at AED353m ($96.1m) by the Abu Dhabi National Media Council (NMC) to build the UAE Pavilion at Expo 2020.
MVRDV, a Dutch architecture practice, has broken ground on a new office project known as Salt in Amsterdam, Netherlands.
LGIM Real Assets and Mitsubishi Estate London have broken ground on a £200m office project at 245 Hammersmith Road in London.
Germany-based luxury carmaker BMW has unveiled its plans to invest $600m to expand its Spartanburg manufacturing plant in South Carolina, US.
Australia-based contractor Multiplex has bagged a new contract from developer Shayher Group to construct the second of three towers at its Brisbane Quarter project in Australia.
LGIM Real Assets has secured planning permission for an office project on the site of the vacant Thames Court building in Windsor Town Centre in the UK.
The MGM Grand in Las Vegas, Nevada has broken ground on an expansion of its conference centre.
Eiffage Group subsidiaries, Eiffage Benelux and Eiffage Construction, have secured a contract valued at €190m from BNP Paribas Fortis to construct new headquarters in Brussels.
Construction firm Multiplex has won a contract to deliver the fifth and final commercial office tower that will complete Walker Corporation’s AUD2.5bn ($1.8bn) Collins Square development in Melbourne, Australia.
US-based retailer Costco has broken ground on a $300m chicken processing facility in Fremont, US that is expected to generate overall $1.2bn in economic activity in Nebraska.
Robert Bosch, a Germany-based auto component maker, has unveiled its plans to build a new semiconductor fabrication facility in Dresden, Germany.
Germany-based luxury automaker Mercedes-Benz has begun construction on its new engine plant in Jawor, Poland that will entail an investment of €500m.
Developer Newby has secured the green light from the City of York Council to redevelop the former Nestle factory on Haxby Road in York.
Skanska has signed a $1.26bn contract with Empire State Development Corporation (ESD) and developers Related Companies and Vornado Realty Trust to transform the James A Farley Post Office in New York into a train hall and commercial complex.
There is a great deal of uncertainty in the UK construction industry following the June 8th General Election. Timetric’s Construction Intelligence Center maintains its current modest outlook for the industry, which we have held since the outcome of the 2016 referendum to leave the EU, and we expect to see a slight contraction in real terms over the year. We caution that risks to this outlook remain firmly to the downside, as the industry faces a period of uncertainty given the weakened position of the Conservative government to implement its domestic agenda, the beginning of the UK’s withdrawal from the European Union (EU), and rising costs due to ongoing currency weakness.
UAE-based developer Bloom Properties has begun main construction works on its Soho Square development on Abu Dhabi’s Saadiyat Island.
Construction services firm Multiplex has broken ground on a new museum in Perth, Western Australia.