Pirelli is set to expand its presence in Mexico by investing $200m in a new tyre factory.
Coca-Cola Beverage has broken ground on a new $185m eco-friendly plant in Kunming City, Yunnan Province, China.The new 195,632 sq m plant is being constructed in the Majinpu New Town Industrial Base in Kunming National Hi-tech Industries Development Zone to replace an existing plant, tripling the number of bottling lines from four to 12.When completed, the plant will deliver an annual capacity of 423m unit cases of beverage with both sparkling and still products, across brands such as Coca-Cola, Sprite, Fanta, Ice Dew and Ice Dew Chunyue.The new factory will adopt green building standards regarding the site selection, building environment, water-saving and energy-saving measures, air protection, material and resource utilization, indoor environment quality and design innovation. It will also adhere to the international certification system requirement for the Silver Certification of Leadership in Energy and Environmental Design (LEED).Coca-Cola Bottling Investments Group China CEO Glen Walter said: "The new plant will become an important production base for Coca-Cola in China's southwest region."This investment will not only provide strong support to Coca-Cola's sustainable development in Yunnan, but also boost economic development locally by increasing job opportunities and enhancing collaboration."The new plant is part of the Coca-Cola's current $4bn investment plan, which began in 2015 and will continue through 2017.
Hyundai Engineering has begun construction on the $2.66bn Kandym gas processing plant in Uzbekistan.The South Korean company obtained orders for the front end engineering design (FEED) services for the Kandym gas field development in 2011, and received the engineering, procurement and construction (EPC) contract for Kandym gas processing plant in February 2015 from LUOC —a joint venture between Russia's Lukoil and Uzbekistan's state-run oil and gas company UNG.The processing plant is being constructed in the Kandym gas field, which is about 520km southwest from Uzbekistan's capital city Tashkent. When completed, the facility will have an annual production capacity of 8.2bn cubic metres, or 6.35m tonnes, of natural gas.The Hyundai Engineering's stake of the project is $2.01bn and construction work is expected to be complete in the first half of 2019.
The University of Canberra has signed a $1.7bn agreement with CIC Australia for the development of up to 3,300 new residences in Belconnen, Australia.The new residences will be a mix of units and townhouses, which will be constructed over a 15-20 year period.University of Canberra vice-chancellor professor Stephen Parker said: "It is great to see another stage of our 'Educated Life' vision coming to fruition."Our vision foresees that by 2030 our campus will be a leading example of how a modern world-class university transformed its physical surroundings to create an integrated learning community where scholars, students and the public intermingle."This residential development, which is part of the university's Campus Community precinct, will see a mix of students, faculty, staff, alumni and members of the general public living in a modern, progressive, sustainable, edgy community."
Panama has signed a $2.6bn agreement with Japan to finance the construction of Line 3 of Panama's Metro.Touted be the largest project in Panama since the expansion of the Panama Canal, Line 3 of the Panama Metro will be 26.75km long with 14 passenger stations.The first phase of Line 3 will meet the demand of 20,000 daily commuters in rush hour in 2020, while the second phase of Line 3 will benefit 31,862 commuters in 2050. Panama president Juan Carlos Varela said in the joint press conference with the prime minister of Japan Shinzo Abe: "The funding granted today by Japan is a recognition of Panama's credibility, stability, and strength. Today's announcement proves that our economy is sustained by solid foundations." The contractor for this project will be chosen through an international public bidding. Construction work will commence in 2017 and the metro line is set to be operational by the end of 2021.
San Miguel Corporation (SMC) has broken ground on the Metro Rail Transit 7 (MRT-7) project in the Philippines.The elevated railway from North Avenue, Quezon City to San Jose del Monte, Bulacan will be constructed by SMC’s infrastructure subsidiary San Miguel.Estimated to cost PHP69.3bn ($1.49bn), the 23km project will feature 14 stations and take 30 minutes to travel end-to-end. It will also link to the MRT-3 and LRT-1 and serve more than 800,000 passengers daily.MRT-7 will have stations at Quezon-North Avenue, Quezon Memorial Circle, University Avenue, Tandang Sora, Don Antonio, Batasan, Manggahan, Doña Carmen, Regalado, Mindanao Avenue, Quirino, Sacred Heart, Tala and San Jose del Monte.The project will be completed in three to four years with the assistance of Hyundai Rotem and EEI consortium.
Enel Green Power Brasil Participações (EGPB) has begun construction on Cristalândia wind farm in Bahia, Brazil.Located in the municipalities of Brumado, Rio de Contas and Dom Basilio, the $190m project will have a total installed capacity of 90MW, and is expected to commence operations in the second half of 2017. Upon completion, the wind farm will produce over 350GWh annually, which is enough to power more than 170,000 Brazilian households. It will also reduce carbon emissions by about 118,000 tonnes.The wind farm has been awarded to EGPB, a subsidiary of Enel, through the Leilão de Fontes Alternativas (LFA) — a public renewable energy auction — in April 2015.
Long Beach city, in California, has secured funding for its $513m Civic Center P3 project.The project involves the creation of a new civic centre designed with a high seismic resiliency, an 11-storey, 270,000 sq ft city hall, an 11-storey, 237,000 sq ft port headquarters building, a two-storey 92,000 sq ft main library, a 73,000 sq ft civic plaza, and new underground parking with 469 spaces.It features a central utility plant and a three rooftop solar array system to meet 25% of energy needs of the civic centre, and a 4.9-acre revamped city park. Furthermore, plans are on for a future project featuring up to 580 homes, a retail space and up to 200 hotel rooms.Long Beach’s mayor Robert Garcia said: "We are excited to see this deal move forward and to meet the goals set by the city three years ago when it embarked on the Civic Center P3 procurement."I'd like to congratulate and thank our city council, city staff, our partners, and the Plenary led consortium that helped us to reach this important milestone."The Plenary-led consortium includes co-developer Edgemoor Infrastructure and Real Estate, Johnston Controls, Clark Construction, and Skidmore Owings & Merrill. The city's advisors include p3point, Arup, HOK, BAE Urban Economics, MBI, Sheppard Mullins, KNN and Kutak Rock.
Tenaska has secured $780m in commercial financing for the under-construction Tenaska Westmoreland Generating Station near Pittsburgh, Pennsylvania.The Tenaska Westmoreland project is owned by Tenaska Pennsylvania Partners, which is comprised of affiliates of Tenaska and Diamond Generating Corporation (DGC), a subsidiary of Mitsubishi Corporation.Black & Veatch is the engineering, procurement and construction (EPC) contractor for the 925MW natural gas-fuelled power plant project. The two natural gas turbines to be used will be provided by Mitsubishi Hitachi Power Systems.Tenaska Development Group president Greg Kelly said: "Achieving financial closing for Tenaska Westmoreland illustrates our ability to develop and advance market-driven power projects. We are pleased to reach this milestone and look forward to the next phase of the project."The power plant is expected to become operational in 2018.
The state government of Alberta, Canada, has approved $100m of funding for the upgrade of the Queen Elizabeth II Highway interchange with Gaetz Avenue in Red Deer.The project is aimed to improve traffic flow and safety for travelers, local residents and businesses.According to advice from the former Bank of Canada governor David Dodge, Alberta has undertaken a $34.8bn plan to build and upgrade critical infrastructure, including roads, schools and hospitals.As per the most recent figures, every day 42,000 vehicles travel on the QEII in both directions at the existing interchange.Alberta’s premier Rachel Notley said: "Alberta families and businesses deserve safe, modern and efficient roads, highways and bridges. In the past when oil prices fell, governments slashed funding for infrastructure."Albertans paid the price for these short-sighted cuts in longer commutes and lost opportunity. We will not repeat those mistakes."Our Alberta Jobs Plan moves Alberta forward with significant investments in critical infrastructure that will create jobs and build a more resilient economy."Construction work is scheduled to be completed in 2019, in time for Red Deer to host the Canada Winter Games.
Temple University in Philadephia has broken ground on a $170m library, the most expensive project undertaken by the university to date.The library has been designed by Snøhetta, but it is being built in collaboration with Stantec. Originally planned to be built on Broad Street, the building is now being constructed at the centre of Temple's campus, between Polett Walk and 13th Street. This 225,000sq ft library will be one of the few libraries in the world that uses the automatic search and retrieval system (ASRS), which will store 90% of the 2m books held by the university. The library is scheduled to open in the fall of 2018.
Biopharmaceutical company Shire has unveiled plans to expand its global biotechnology manufacturing capacity by investing $400m in Ireland.The investment is planned to take place over the next four years to meet the growing demand for rare disease treatments.Shire will create a new biologics manufacturing campus on a 120-acre site at Piercetown, County Meath. The facility will employ the latest bio-processing techniques and flexible production strategies to supply both clinical and commercial scale products.About 700 jobs will be created during the construction phase. When operational, the facility will create 400 permanent jobs in the areas of research and development, operations, technical staff and engineering.Shire’s senior vice president of technical operations Tim Kelly said: "The expansion supports our manufacturing strategy to develop and provide innovative specialty medicines for patients."Ireland is a strategically important location for Shire, providing both excellence in life science R&D and manufacturing. We already have a strong team on the ground in Ireland and believe that it is the right location for us to build a new state of the art facility which will complement our existing manufacturing operations in the US." The project’s construction is expected to begin in mid-2016 with the site scheduled to be operational by mid-2019.
Miral and Warner Bros have announced that the $1bn Warner Bros World Abu Dhabi theme park construction is in progress. The themed destination is being built on Yas Island, alongside the Ferrari World Abu Dhabi and Yas Waterworld, where rides are already under production. The development will also feature a Warner Bros branded hotel.The first phase of the project is slated to open in 2018 and is expected to create more than 1,000 jobs.Warner Bros Entertainment chairman and CEO Kevin Tsujihara said: "Warner Bros has been entertaining audiences for more than 90 years with the world's most-loved characters and franchises."Working with our partners at Miral, we'll bring this expertise to Yas Island, one of the world's leading entertainment destinations, to create a fully-interactive, innovative and unique experience that will allow fans of all ages to experience the most exciting aspects of Warner Bros. in a completely immersive environment."
Graham-BAM Healthcare Partnership, a joint venture between Graham Construction and BAM International, has been selected by South Eastern Health and Social Care Trust to build Ulster Hospital’s new £95m Acute Services Block in Belfast, Northern Ireland.
A joint venture led by Astaldi and Max Bogl has won a €100m contract from National Company of Motorways and National Roads for the Brasov–Oradea motorway in Romania.
Al Gharbia Pipe Company (Al Gharbia) has broken ground on a steel plant in the Khalifa Industrial Zone Abu Dhabi (Kizad).
A joint venture (JV) of Vinci Construction Grands Projets and Bouygues Construction subsidiary Bouygues Travaux Publics, along with Egyptian partners Orascom Construction and Arabco Contractors, has bagged the €1.1bn Phase 3 contract for Line 3 of the Cairo metro from the National Authority for Tunnels.
Aluminium Bahrain B.S.C. (Alba) has awarded the $3.6bn Engineering, Procurement, and Construction Management (EPCM) contract for its Line 6 Expansion Project to International Bechtel. Bechtel was the EPCM contractor for Alba’s Line 4 and 5 expansions.According to the contract, Bechtel will design and construct the sixth potline as well as aiding industrial services. When completed, Line 6 will boost Alba’s single-site aluminium smelter’s production by 540,000 tonnes per annum, taking Alba’s total production capacity to 1.5m tonnes per annum. Alba Board of Directors chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa said: “The appointment of Bechtel is a step forward towards delivering the Line 6 Expansion Project, which is a significant milestone for the Kingdom of Bahrain. Alba and Bechtel have a history that spans over 25 years, and we are confident that Bechtel will deliver excellence at all times.”
London Luton Airport (LLA) has unveiled plans to build a new £200m light rail link between Luton Airport Parkway station and the airport terminal.The mass passenger transit (MPT) system project is part of a wide-ranging £1.5bn inward investment programme of Luton Council that outlines a 20-year plan for major transformation of the town.LLA has appointed Arup to design and procure the scheme. The MPT system will be a fully-automated, two-way, 24-hour, guided light rail based on latest system technology and design innovation, and when complete will enable more than 2m passengers to undertake a direct journey between the railway station and the airport terminal in less than 30 minutes.Work is slated to begin in 2017 with the system ready for operation by the end of 2020.LLA CEO Nick Barton said: "Improving rail links is a crucial part of LLA's development, and integral to ensure that we provide the best service possible for all our passengers."The creation of a light rail link between Parkway station and the terminal is a significant milestone in the airport's transformation and the first step towards creating a world-class air-rail service."
BAM Deutschland, in a joint venture with Max Bögl Stiftung & Co. KG, has secured a new contract for the construction of a hospital in Frankfurt Höchst, Germany.The contract value for BAM Deutschland, the German operating company of Royal BAM Group, is over €150m.The project has been designed by Wörner Traxler Richter Architekten in Frankfurt. The six-floor hospital building will have total floor area of 79,000 sq m.It will feature 664 beds, ten operating rooms and a 'hybrid operating room', which will have specialist equipment including a CT and MRI scan. The facility will cater to 33,500 patients each year.Construction of the hospital is expected to be completed by early 2019.