Browsing: Industry News

China’s Skyscraper Boom Comes Crashing Down Amid Developer Default

The Financial Times (FT) is reporting that a subsidiary of China’s largest construction company recently halted work on the nation’s tallest skyscraper after the developer defaulted on a payment. The default comes at a time when


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Atkins-designed 461m Landmark81 named one of the World’s Top 10 Skyscrapers

The Landmark 81 building in Ho Chi Minh City, Vietnam – designed by Atkins, a member of the SNC-Lavalin – has been named as one the world’s Top 10 skyscapers at the annual Emporis Skyscraper Awards.


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Iconic Harajuku Station, located in Tokyo’s hub of pop culture, to be rebuilt after Olympics

The nearly 100-year-old Harajuku Station, sited in a hub of Tokyo pop culture, will be dismantled and rebuilt after the Tokyo Olympic and Paralympic Games, as its fire-resistance capability does not meet requirements, East Japan Railway


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Russia & China to launch joint venture for constructing metros worldwide

Russian engineering company Mosinzhproekt and the China Railway Construction Corporation (CRCC) plan to set up a joint venture for the construction of subways around the world, said Moscow Deputy Mayor Marat Khusnullin. He said that several


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Fukushima to build $2.7bn wind and solar power hub

TOKYO — Japan’s northeastern prefecture of Fukushima, devastated during the 2011 earthquake and nuclear disaster, is looking to transform itself into a renewable energy hub, Nikkei has learned. A plan is under way to develop 11


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Labor-short construction industry investing in AI and robots

TOKYO-As Japan’s construction firms are squeezed by the tightest labor market since the 1970s and a rapidly aging population, they are pouring investment into technology – and providing unexpected support to an economy reeling from the


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Construction on Taipei Taoyuan Airport Terminal 3 to begin in May 2020

Construction on new simplified design expected to finish in 2023 TAIPEI (Taiwan News) — Following the decision to ax the previous design proposed for Terminal 3 of the Taipei Taoyuan International Airport, it was announced on


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Hyundai Planning on $420m Underwater Tunnel in Vietnam

Hyundai Engineering & Construction has entered into talks with the government of Quang Ninh Province in the north of Vietnam over the excavation of a 2.1km underwater tunnel across the mouth of Ha Long bay. Hyundai


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South Korea’s GS E&C to fund half of $1.4 bn petrochemical plant in Turkey

South Korea’s GS Engineering & Construction Corp. (GS E&C) will fund nearly half of a $1.4 billion project to install a petrochemical plant in Turkey. The company announced Tuesday it has signed a contract to acquire


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Taiwan sentences three to five years in jail for fatal earthquake collapse

14 people died in one building in Hualien after the Feb. 6, 2018 quake TAIPEI – The developer, the architect and a civil engineer were sentenced to five years in prison Tuesday (October 8) for the


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