Construction activity in Saudi Arabia remains sluggish, with only a marginal pick-up expected in 2018 following two years of contraction. The recovery will gain momentum in the following years, assuming that oil prices edge up and that political risks in the region do not greatly disrupt investment flows.
India-based Ramky Infrastructure has secured a contract to build a section of national highway in Jharkhand, India.
UK-based Kier Group has been chosen to deliver a new laboratory building in Newcastle, UK.
Abu Dhabi-based Aldar Properties has selected Trojan General Contracting as the main contractor for the first three precincts of Yas Acres, a flagship development on Yas Island.
The University of Pennsylvania has announced the start of construction on a new $1.5bn hospital on Penn Medicine’s West Philadelphia campus in Pennsylvania, US.
Texas Tech University Health Sciences Center El Paso (TTUHSC El Paso) has started construction on the $83M Medical Sciences Building (MSB) II in the US.
Jackson Healthcare, a US-based healthcare staffing firm, has broken ground on a project to expand its corporate headquarters in Alpharetta, Georgia.
Sedgman, a member of the CIMIC Group, has secured an AUD107M ($79.2M) engineering, procurement and construction (EPC) contract from Heron Resources for the Woodlawn project in New South Wales, Australia.
Leighton Asia, a CIMIC Group company, has won an AUD436M ($328M) contract from the government of the Hong Kong Special Administrative Region for the construction of the East Kowloon Cultural Centre.
Braidy Industries has teamed up with the State of Kentucky and the Ashland Alliance to construct a $1.3bn Greenfield aluminum rolling mill in Kentucky, US.
Kia Motors has signed a memorandum of understanding with the state government of Andhra Pradesh, India, to build a new manufacturing facility in Anantapur.
Rotary Engineering has won a SGD140M ($100.3M) engineering, procurement, construction (EPC) contract from Jurong Port Tank Terminals for a tank terminal in Singapore [pictured].
Dariana Tani, economist at Timetric’s Construction Intelligence Center (CIC), assesses Nigeria’s economic recovery plan and its impact on the country’s infrastructure sector.
Japanese automaker Honda is set to invest $124M in the construction of a multifunctional aeroacoustic wind tunnel facility in East Liberty, Ohio.
Auto supplier Flex-N-Gate has broken ground on its new $95M manufacturing facility at the I-94 Industrial Park in Detroit, Michigan.
University of Rhode Island (URI) has broken ground on its new $125M engineering complex.
UK-based support services and construction firm Interserve has secured a contract worth £36.5M to design and build a new secondary school in Monmouthshire, Wales.
Akademiska Hus, the property developer of the Albano Campus premises in Stockholm, has selected Denmark-based Cowi to assist in developing a knowledge hub in Stockholm, Sweden.
US-based engineering services firm Bechtel has secured two contracts from Carbon Holdings to provide project management services for the Tahrir Petrochemicals Complex and construct two new polypropylene units in Egypt.
A joint venture (JV) of Spain-based Abengoa and Italy-based Fisia Italimpianti has won a contract to build a desalination plant in Saudi Arabia.