Construction Sector News

FCC-led FAST consortium completes 1.2 km section of Saudi capital’s new green line

Discussions into the Mecca crane collapse that killed over 100 people and injured many more, Renaissance Construction’s bid to acquire Ballast Nedam, the surprise Suez Canal expansion with an $8.4 billion budget, and a look at the Middle East’s economic outlook.

Testing phase starts ahead of the scheduled opening in April next year

Joint venture between Trojan General Contracting and National Projects & Construction to take on 52-storey hotel and residence at the heart of Dubai’s Palm Jumeirah artificial archipelago

Law suit launched in a second attempt to remove Board members in the long-running Saint-Gobain takeover saga

New six-year accord for 10,000 workers at plants in Iowa, Illinois and Kansas, US

Proposal includes financing for the country’s US$ 5.4 billion first high speed rail link

A new independent Commission has been created to deliver long-term national infrastructure plan.

Census Bureau figures show activity is at its highest since 2008, but trade association sounds warning on skills shortages

Agreement with the African Development Bank will see a contribution made to anti-corruption initiatives in Africa

US government agency fines subsidiary of Japan's Hitachi Power for Foreign Corrupt Practices Act violations on power station construction contracts

Pressure in home market partly offset by more wins abroad for the world’s fourth largest contractor

UK-based brick maker to raise US$ 155 million through initial public offering (IPO) of shares

Design & build of 30 km of tunnels in the Qatari capital valued at US$ 630 million

Joseph Apuzzo fined US$ 100,000 and barred from accounting for five years for his part in the United Rentals equipment sale & lease-back accounting scandal

Contractor will build a 36 km stretch of NH44 in Jammu & Kashmir province for US$ 274 million to improve links to Srinagar

AEM data shows global demand for US made machines was down -17% in the first half of 2015, compared to the same period last year

The worsening outlook for emerging markets offset improvements in developed regions in the third quarter of the year

Range of three articulated machines built in Germany will be sold under the Hitachi brand through its distribution network

Allegations of embezzlement and bribe taking have emerged at the escalator and elevator manufacturer’s Chinese sales operation