Browsing: Industry News

Bids invited for India’s first undersea high speed bullet train project

NHSRCL issues the second high-value tender for the high-speed rail project. New Delhi (Urban Transport News): The National High Speed Rail Corporation Limited (NHSRCL) which is implementing India’s first Bullet Train project has issued its second


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VINCI & Acciona awarded $200m wastewater treatment plant in Ho Chi Minh City

The consortium consisting of VINCI Construction Grands Projets (50% share and lead contractor) and Acciona Agua S.A. (50%) won the contract for the design-build portion of phase 1 for the Nhieu Loc-Thi Nghe wastewater treatment plant,


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Cambodia’s NagaCorp plots $3.5bn mega casino in Phnom Penh

NagaCorp, the largest hospitality and gambling group in Cambodia, has announced plans to spend up to $3.5bn nearly quintupling the footprint of its NagaWorld casino in Phnom Penh. The company revealed in a filing (in pdf)


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Consortium to develop Taiwan wind farm

A consortium led by Sojitz Corp said it has signed a share purchase agreement with German wind farm developer Wpd AG to acquire a 27 percent stake in Yunlin HD through Starwind Offshore GmbH. The agreement


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China, Malaysia to Resume East Coast Rail for $11 Billion

KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Friday it has decided to resume a China-backed rail link project, after the Chinese contractor agreed to cut the construction cost by one-third. The deal follows months of


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SOM Unveils “garden terminal” for Bangalore’s Kempegowda Int Airport

US architect Skidmore, Owings & Merrill (SOM) has unveiled its design for a terminal at Kempegowda International Airport in Bangalore, the capital of India’s southern Karnataka state. The first phase of construction will create a 255,000


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AIIB Approves USD280 Million for First Two Projects in Sri Lanka

The Asian Infrastructure Investment Bank (AIIB) has announced funding for projects worth $280m in Sri Lanka and $40m in Laos. In the case of Sri Lanka, $200m will go towards low-income housing in Colombo. Some 5,500


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Pakistan breaks ground for China-funded New Gwadar Int’l Airport

Pakistan broke ground for the construction of the China-funded New Gwadar International Airport on Friday, which would link Pakistan’s fast-rising southwest Gwadar port city with the rest of the world. According to the Ministry of Planning,


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German firm wins competition to design tower complex in Shenzhen

Hamburg-based architect Gerkan, Marg and Partners (GMP) has won an international competition to design a tower complex in Shenzhen’s new “Super Bay City” business district. Shenzhen is growing: anew business district called “Super Bay City” is


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China and Sri Lanka sign loan agreement for Central Expressway

China and Sri Lanka today signed a concessional loan agreement of US$ 989 million for Central Expressway Project – Section I, covering 85% of the total contract price. The agreement was signed between the Ambassador of


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