All Construction Articles

CA$ 20 billion for construction in Canadian action plan
Canada has unveiled an economic action plan worth CA$ 30 billion (US$ 24.8 billion), or 1.9% of GDP, as part of its 2009 Budget. It includes a CA$ 12 billion (US$ 9.9 billion) investment in infrastructure and CA$ 7.8 billion (US$ 6.5 billion) for housing.
Veidekke wins Hardanger Bridge contract
The Norwegian Public Roads Administration - Region West has awarded Veidekke Entreprenør the NOK 331 million (€ 37.2 million) Construction Project BRU 01 Concrete Work contract for construction of the Hardanger Bridge.
Former Caterpillar chairman Lee Morgan dies
Lee Morgan, who was chairman and CEO of Caterpillar from 1977 to 1985 has died after a long illness. He was 89.
Halliburton to pay US$ 559 million fine for KBR bribes
Halliburton has agreed to pay fines totalling US$ 559 million in relation to bribes paid by its former subsidiary KBR.
Compact airport
A fleet of Bomag asphalt rollers including ten pivot steered BW174 and BW184 models have compacted 81000 tonnes of asphalt at Zurich airport in Switzerland
Hawaii unveils US$ 4.2 billion transport plan
Hawaiian state governor Linda Lingle and state transportation officials have unveiled a US$ 4.2 billion dollar, six-year Highway Modernization Plan.
Demand for cement in China to rise
Demand for cement in China is forecast to rise by +6% annually through 2012 to 1.8 billion tonnes, according to Cement in China, the latest study by US-based research company The Freedonia Group.
US construction materials inflation at six-year low
Prices for materials and other inputs into the US construction industry rose at their slowest rate since 2002 last year.
Cat sales up but profits flat - 20000 job cuts planned
Caterpillar had record sales of US$ 51.3 billion last year, a +14.5% increase on 2007. However its net profits were unchanged at US$ 3.56 billion, due to a difficult fourth quarter.
US$ 375 billion construction boost from stimulus spending
Research by iC shows that stimulus package spending could add US$ 375 billion per year to the world's construction output in this year and a similar amount again in 2010.
HCC takes Kishanganga Dam contract
Hindustan Construction Company (HCC) and Halcrow have won a joint venture contract to construct the 330 MW Kishanganga hydro-electric project (HEP) in India.
Recycling investment
Xi’an municipality sees profits in construction waste.
CHINA: Stimulus package to boost construction +40%
Growth in China’s construction output will be strong in 2009 compared to the rest of the world, but it will be down on the double-digit rises the industry is used to. Chris Sleight looks at how the government’s US$ 585 billion stimulus package should help.
Zaha Hadid wins Antwerp competition
Zaha Hadid Architects has won the competition to design the new headquarters for Antwerp, Belgium's Port Authority.
JV wins Asian Beach Games contract
India's Larsen & Toubro (L&T) and Oman's Zubair Corporation have won a joint venture IND 1198 Crore (US$ 245 million) construction contract for the 2nd Asian Beach Games, which will be held in Muscat, Oman in 2010.
Construction companies most likely to pay bribes
Transparency International's latest Bribe Payers Index (BPI) shows construction companies are among the most likely to pay bribes when dealing with the public sector.
HCME introduces temporary "work time reduction"
Hitachi Construction Machinery Europe (HCME) has announced plans to introduce temporary "work time reduction" for 310 direct and indirect workers at its factories in Amsterdam and Oosterhout, the Netherlands.
Rebuilding Gaza could cost billions
Reconstruction of Gaza following the conflict with Israel could "cost billions", according to the UN Relief and Works Agency for Palestine Refugees (UNRWA).
Komatsu expects profit to halve
Komatsu has cut its net profit projection for the fiscal year ending on March 31 to JPY 110 billion (US$ 1.24 billion) - a -47.2% fall on t last fiscal year.
European construction down again in November
Construction output in the 27 EU countries was down -4.2% in November, compared to a year previously according to new data from Eurostat.
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