IRB Infrastructure Developers is set to sign a concession agreement by March 2016 for the INR100.5bn ($1.5bn) Zojila Pass Tunnel in Jammu and Kashmir, India.
A joint venture (JV) of Hindustan Construction Company (HCC) and Vensar Constructions Company has secured a highway contract worth INR11.4bn ($162.5m) from the Public Works Department (PWD) of government of Manipur, India.
A team of French firms comprising Alstom and Bouygues Travaux Publics has secured a contract with the Light Rail Manila Corporation (LRMC) to upgrade and extend Light Rail Transit Line 1 of Philippines’ Manila metro.
San Miguel, through its subsidiary Universal LRT (ULC), has reached financial close on the Metro Rail Transit (MRT) Line 7 project in Philippines.