25 September 2023
25 September 2023
Construction works on the megadam are set to begin by the end of 2025.
The site is predicted to be ready for occupation in 2027.
The Morocco-based plants will receive subsidies under the US IRA.
The state's government claims to have the appropriate policies and infrastructure in place to support the facility.
Both Tesla and the Indian government are currently negotiating the terms of such a deal.
A range of retail and dining options are set to be included as part of the development.
The units were built on a 2.2ha plot of unused vacant grassland.
Since acquiring ownership of the site, the Lloyd Center team has renewed more than 90% of the centre's tenants.
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Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.
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