The battery projects pulling $125bn into global construction
Battery manufacturing has become one of the busiest corners of the global industrial construction market. According to GlobalData project-tracking data, the …
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Amtrak and PTP formalise plan to overhaul New York Penn Station
Amtrak and Penn Transformation Partners (PTP) have finalised a pre-development agreement (PDA) as part of ongoing plans to redevelop New …
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Saudi water projects: What you need to know before you bid
On June 10, SHARAKAT joined MEED GlobalData for a webinar that drew over 400 developers, contractors, financiers and those already …
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CRH to acquire US-based Arcosa in $8.5bn all-cash deal
Irish construction solutions provider CRH has agreed to acquire Arcosa, a US-based provider of infrastructure-related materials, in an all-cash transaction …
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Manchester United secures 25-acre land for new 100,000-seat stadium
Manchester United has acquired a 25-acre site to develop a new stadium with a capacity of 100,000 seats, which would …
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Manchester United secures 25-acre land for new 100,000-seat stadium
Manchester United has acquired a 25-acre site to develop a new stadium with a capacity of 100,000 seats, which would …
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UK construction industry must build for resilience following Keir Starmer’s resignation, construction entrepreneur Bradley Lay warns
Construction entrepreneur and TrueNorth Capital Group founder Bradley Lay has warned that political uncertainty following the resignation of Prime Minister …
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The battery race meets the realities of construction
The battery sector has entered a less celebrated but more consequential phase of growth in the global construction sector. For much …
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DarGlobal awards $90m Rayana infrastructure contract in Riyadh
DarGlobal, a London-listed real estate developer, has awarded an SR338m ($90m) contract for primary infrastructure works at the Rayana master …
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Majid Al Futtaim, MIDAR sign $3.1bn mixed-use project in Cairo, Egypt
Majid Al Futtaim and MIDAR for Investment and Urban Development have entered into a strategic partnership to develop a mixed-use …
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Hanoi starts construction on five urban railway projects worth $49.4bn
Hanoi has broken ground on five urban railway projects, with the combined initial budget estimated at more than VND1,315tn ($49.4bn). This …
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Jordan starts international stadium construction works
Jordan has started preliminary excavation and site preparation work at its Al-Hussein Bin Abdullah II International Stadium, located east of …
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Volvo CE starts work on new Eskilstuna excavator plant
Volvo Construction Equipment (Volvo CE) has commenced construction of a new excavator factory in Eskilstuna, Sweden. The groundbreaking ceremony was attended …
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Brookfield agrees to divest builder Multiplex to Obayashi for $650m
Brookfield Business has reached an agreement to divest its global construction unit, Multiplex, to Obayashi, a major Japanese construction group, for $650m. The sale value includes roughly $530m …
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BNSF’s $4bn Barstow International Gateway receives city council approval
US-based freight transportation company BNSF Railway has received approval from the Barstow City Council for its planned Barstow International Gateway, …
