UK Green Investment Bank (GIB) has approved a senior debt of £80M for the construction of a new energy from waste combined heat and power (CHP) facility near Sittingbourne in Kent, UK.The £340M facility is expected to generate up to 154GWh of renewable energy annually — enough to power 37,500 homes.The 43MW plant is also expected to help reduce greenhouse gas emissions by over 163,000t annually and eliminate around 0.5M t of waste going to landfill.Upon completion, it will supply renewable electricity to the grid and renewable heat to DS Smith’s Kemsley Paper Mill.GIB CEO Shaun Kingsbury said: “This plant will put renewable energy to work for one of Kent’s major employers while helping the UK meet its climate change and waste management goals.“Combined heat and power is a prominent feature of the low-carbon energy infrastructure in mainland Europe and Scandinavia and is one of the key technologies that can help British industry become more efficient, competitive and cleaner.”The project developer Wheelabrator Technologies has received over £300M of debt so far from a lending club that includes GIB alongside Barclays, Bank of Tokyo-Mitsubishi UFJ (BTMU), Natixis and Investec.The facility will create about 500 construction jobs and around 40 full-time operational jobs upon completion. The plant is anticipated to be operational in 2019.
SapuraKencana TL Offshore has won a MYR510M ($125M) contract for the Trans Anatolian Natural Gas Pipeline (TANAP) offshore Dardanelles Strait in the Sea of Marmara.The company, a subsidiary of Malaysia's SapuraKencana Petroleum, will be responsible for the engineering, procurement, construction and installation (EPCI) of offshore pipelines and fibre optic cables for TANAP. SapuraKencana’s president and group CEO Shahril Shamsuddin said: “This contract win demonstrates that our transformation and strategies are continuing to enhance our competitiveness globally.“Our cost reduction efforts and increased operational effectiveness have driven this enhanced competitiveness that has helped us to secure our latest wins in Mexico and TANAP, both totalling just under RM1bn. These wins will contribute positively to the group’s performance.”The project is set to start in the third quarter of 2016 and will be completed in the third quarter of 2018.TANAP is a natural gas pipeline project that connects the continents of Europe and Asia, to supply natural gas from the Southern Gas Corridor project in Azerbaijan through Georgia and Turkey to Europe.
US-based home improvement retailer Lowe's Companies has unveiled plans to develop a new $100M direct fulfilment centre in Robertson County, Tennessee.The 102,000sq m centre will ship parcels directly to Lowe’s customers and stores nationwide.Lowe’s chief supply chain officer Brent Kirby said: “We’re continually working to make doing business with Lowe’s easier for customers.“Investing to build a new fulfilment centre — the first of its kind for Lowe’s — allows us to offer customers more products online, consolidate multiple parcel shipments and ship purchases directly to customers faster and more efficiently.“The Nashville area was chosen due to its existing large shipping hubs, access to interstate roadways and well-skilled workforce.”Scheduled to be operational by the third quarter of 2018, the facility will initially employ about 400 people, reaching 600 by 2022.
Hillwood Communities has started construction on its new $500M master-planned community in Celina, Texas.The development — located on a 400-acre site at the northeast corner of FM 1461 and Coit Road — will include 1,250 single-family homes featuring resort-style amenities, and a linear park with an amenity centre, including a resort style pool, pavilion and outdoor kitchen.It will also feature 63 acres of green space with multiple community parks and several miles of trails.Hillwood Communities’ senior vice president Elaine Ford said: “Celina is a booming city in North Dallas, and we are excited to partner with them and local vendors to bring jobs and businesses along with more residents here.“The groundbreaking of Lilyana is an exciting step for us, and we look forward to beginning the development of a first class community for potential residents.”The first phase of the development will be completed in early 2017.
UK-based construction firm McAleer & Rushe has secured planning consent from Belfast City Council for the second phase of its Bedford Square development in Northern Ireland.The development’s second phase will include the construction of a new 17-storey office building, providing 17,000sq m of grade A office space, and the renovation of the listed William Ewart building to create a further 3,000sq m of space.The company is now in negotiations with potential office occupiers for phase two of Bedford Square, with work expected to commence on site in the near future.McAleer & Rushe property director Stephen Surphlis said: “This planning approval is a welcome boost to the Belfast office market, with the second phase of Bedford Square bringing a landmark building back into active use after many years of vacancy and helping to alleviate the shortage of grade A space in the city.“The first phase of Bedford Square has been a great success and we now have the opportunity to complete the vision with the creation of much-needed business space and new public realm which, together with our Maldron Hotel and QUB student accommodation developments on the adjoining Brunswick Street site, will make a huge contribution to the regeneration of Belfast’s Linen Quarter and this part of the city.”The first phase of the project was completed in 2006 and is home to Invest Northern Ireland’s headquarters.
Mercedes-Benz Vans has started construction of a new $500M plant in North Charleston, South Carolina.The new plant is an expansion of the existing 409,000sq ft van assembly site, which will cover around an additional 112,000sq m along with a 260,000sq m marshalling yard for finished vehicles.Mercedes-Benz Vans’ head of operations Frank Klein said: "Our new Sprinter plant is a big leap into the future of production at Mercedes-Benz Vans. "We are combining all of our global expertise and experience in this plant. In doing so, we make it one of the most advanced facilities in North America. The plant will meet the highest standards in quality, based on our globally standardized production system — from the first vehicle that rolls off the assembly line."The facility is scheduled to commence production before the end of the decade and create 1,300 jobs in the region.
The Chesapeake Bay Bridge and Tunnel Commission has awarded a $755M contract to Dragados Team joint venture for the construction of a new parallel tunnel at the Thimble Shoal Channel.The new tunnel will be around one mile in length, and will have an outer diameter of 42ft. Construction work is set to commence in late 2017, with the renovation of the Island 1 fishing pier.
American football team Minnesota Vikings has selected the development team for its new Eagan practice facility and headquarters in Minnesota, US.The team includes Crawford Architects, which will provide design services, and Kraus-Anderson Construction Company, which will act as the construction manager of the project.The new team headquarters will feature outdoor and indoor practice fields, a 6,000-seat stadium, team meeting rooms and auditorium, a broadcast studio and media centre, and administrative offices for staff.The facility represents the first phase in an overall 200-acre planned development, which is expected to include offices, retail, residential and hospitality units and a conference centre.Vikings’ executive vice president and CFO Steve Poppen said: “We are thrilled to once again engage in a large project with a Minnesota-based construction company such as Kraus-Anderson, as they have a tremendous body of work and strong reputation within the community.“Both Crawford Architects and Kraus-Anderson have long-standing relationships with the Vikings and together give us complete confidence in designing and building this project on time for a March 2018 opening.”The project is scheduled to break ground in early August 2016. Construction work on the first phase is expected to be completed in about 20 months.
US-based Granite Construction has secured a $128M contract from the California Department of Transportation for the State Route 99 realignment project in Fresno, California. Under the contract, Granite will act as construction manager and general contractor for the project, which includes the construction of a reconfigured interchange, overhead structures and infrastructure, to accommodate the high-speed rail system between the existing freeway and the Union Pacific Railroad.The project also includes the re-routing of local streets to accommodate the realigned freeway and relocation of utilities to support the project. The California High Speed Rail Authority has provided financing for the project, which is scheduled to be complete by September 2018.
Tata Steel Minerals Canada (TSMC) has secured CAD175M ($133M) in financing from the government of Quebec, Canada to support the implementation of a direct shipping iron ore project (DSO project) in Schefferville.The financial contribution includes equity stake of CAD125M ($94.7M) through the Capital Mining Hydrocarbons Fund and a loan of $50M ($37.8M) from Investissement Québec, acting as an agent of the government.Quebec’s deputy premier Lise Thériault said: "The support for this important project confirms our commitment to stimulate the growth of the Quebec mining industry, particularly in the Northern parts of Quebec, and encourage the responsible exploitation of our resources."In addition, this project will have significant benefits for our economy, creating up to 550 quality jobs in Quebec."TSMC has invested more than CAD1bn ($758M) in the project.
London City Airport has secured a planning consent for a £344M expansion project that will enable the airport to welcome 6.5M passengers by 2025.The project includes construction of seven new aircraft stands, a parallel taxiway and passenger terminal extension.It is believed that the expansion project will allow the airport to welcome quieter, next-generation aircraft and add more capacity. The airport will also be able to add about 32,000 extra flights by 2025, and the expansion will open up opportunities for airlines to serve longer-haul destinations including the Middle East, Turkey, Russia and the east coast of the US.London City Airport’s CEO Declan Collier said: “Expansion at London City Airport will create more than 2,000 new jobs in East London, add much-needed aviation capacity in the South East, and generate an additional £750M per year for the UK economy. I welcome the decision and look forward to delivering new airport capacity for the South East by 2019.”The project will create 500 construction jobs and 1,600 jobs upon completion.
India-based Hindustan Construction Company (HCC) has secured an INR17.49bn ($260M) contract to build two tunnels and a bridge in Jammu and Kashmir, India.Under the contract, awarded by IRCON International, HCC will be responsible for the construction of two main tunnels, the T13 and part of T14, totalling 12.8km along with parallel safety tunnels, a 200m bridge adjoining the two tunnels and a station yard at Basindadhar.HCC’s president and CEO Arun Karambelkar said: "The company is currently engaged in tunnelling works of over 280km across various sectors. Repeat orders from IRCON reflect our expertise in executing complex projects under challenging conditions."The project will be executed within 30 months.
Pharmaceutical and healthcare firm GSK has announced £275M of new investments at three of its manufacturing sites in the UK.The company is set to invest £92M at its Barnard Castle site, in County Durham, for the construction of an aseptic sterile manufacturing facility. The site employs 1,100 people and supplies nearly half a million packs of products daily to 140 markets across the world. At the Montrose site in Scotland, the firm will invest £110M to build a new facility to produce respiratory active ingredients. Currently the site employs more than 450 people.GSK will also invest £74M to expand its new Ellipta respiratory inhaler manufacturing facility in Ware, Hertfordshire. The site employs 1,200 staff and manufactures innovative respiratory products. GSK’s CEO Andrew Witty said: “Today’s announcement reflects further investment to support our pharmaceutical pipeline and meet growing demand for our innovative portfolio of newly launched products.“It is testament to our skilled UK workforce and the country’s leading position in life sciences that we are making these investments in advanced manufacturing here. From their manufacture in the UK, many of these medicines will be sent to patients around the world.”
Manchester Science Partnerships (MSP) in a joint venture partnership with Central Manchester University Hospitals NHS Foundation Trust (CMFT) is set to undertake a £60m project to expand the Citylabs biomedical research centre in the UK city.
EUS-Rokstad, a joint venture between Emera Utility Services and Rokstad Power, has been awarded a £86m contract by NSP Maritime Link for the construction of its Maritime Link Project in Canada.
Brookfield Multiplex has completed construction on Walker Corporation’s $300m Tower Two at the Collins Square development in Melbourne’s Central Business District (CBD).
Al Jaber Building has won a contract worth AED370m ($100m) from the Tourism Development & Investment Company (TDIC) for the construction of Jawaher Saadiyat villa complex in Abu Dhabi.
A joint venture between Kenny Construction and Obayashi has secured a $279m contract to build the South Hartford Conveyance and Storage Tunnel (SHCST) in Hartford, Connecticut.
Sheffield City Council has announced a 60-year partnership agreement with Chinese firm Sichuan Guodong Construction to develop the UK city. The £1bn deal is set to be the biggest Chinese investment of its kind to be made outside of London. The first investment, worth about £220M, will fund four or five Sheffield city centre projects over the next three years.Councillor Julie Dore, Sheffield City Council leader, said: “This is the biggest Chinese investment deal to be made by a UK city outside of London. And perhaps more importantly it is first deal of its kind to be made by a UK city. This is a real partnership.“The projects funded by this investment will be determined by Sheffield City Council, and the 60-year commitment secures a stream of investment into our city for the next generation, and means a whole range of projects become viable because of the long-term nature of the relationship.”Councillor Leigh Bramall, deputy leader of Sheffield City Council, said: “We are clear that this will create hundreds, if not thousands, of additional jobs for the people of Sheffield. The investment comes from China, but the workforce on these projects will be British.”Sheffield has also signed, recently, co-operation trade agreements with the cities of Daqing and Nanchang.
Dubai-based healthcare provider Thumbay Group has announced the construction of 6 hospitals and 12 clinics in the UAE and beyond. The healthcare facilities, part of Thumbay’s AED1.2bn ($326M) expansion plan, will be located in the UAE, Qatar, Egypt and India, as well as in other countries. The group’s healthcare and retail division vice president Akbar Moideen Thumbay has said that the group expects to build 420 new medical facilities — including hospitals, medical universities, clinics and pharmacies — over the next four years. The number of staff is also expected to increase from the current 4,000 employees to around 15,000 by 2021.