All Construction Articles
The acute water shortage currently affecting Australia means the Hinze Dam near Brisbane in South East Queensland, is undergoing its third upgrade.
Russia's President, Dmitry Medvedev, has signed a decree authorising construction of a US$ 1 billion suspension bridge linking the city of Vladivostok to Russky Island, where the 2012 APEC (Asia-Pacific Economic Cooperation) summit will be held.
Australia's construction industry continued to decline in August, although the rate of contraction moderated for a third consecutive month, according to the latest report by the Australian Industry Group (Ai Group).
Terex has revised its forecast for 2008. Instead of US$ 10.5 billion to US$ 10.98 billion revenues it now expects sales to come in between US$ 10.2 billion to US$ 10.6 billion.
Formwork manufacturer Hünnebeck's Italian subsidiary has supplied a range of formwork, including its Manto large-frame panels, for construction of the world's first reinforced concrete offshore terminal for the storage and re-gasification of liquefied natural gas (LNG).
Argentine President Cristina Fernandez has announced that two Argentine companies will invest around US$ 3 billion to build a rail network connecting Argentina and Chile.
Edinburgh City Council has awarded outline planning permission for the UK£ 700 million (€ 862 million) regeneration of the city's Leith Docks.
The Inter-American Development Bank (IDB) has agreed a US$ 100 million loan to help Brazil expand the capacity of its Florianopolis-Osorio highway, part of the Mercosur corridor.
Russian Railways has started construction of a 554 km-long twin-track railway linking Sirt and Benghazi in Libya, according to a statement on its website.
Ancient Chinese bones and pottery dating back more than 3000 years have been severely damaged during construction a section of rail linking Beijing and Shanghai, according to local press reports.
US Construction spending slipped -0.6% in July to US$ 1.08 trillion at a seasonally adjusted annual rate (SAAR), according to the latest report from the country's Census Bureau. Year-to-date (YTD) spending in the first seven months of 2008 was down -5.4% from the same period of 2007.
The Al Habtoor Leighton Group has entered into an AED 6.4 billion (US$ 1.74 billion) alliance contract to construct Abu Dhabi-based Tameer Holdings' Tameer Towers.
Auckland City Council, New Zealand has selected a design by Hyder Consulting, Denton Corker Marshall and Kenneth Grubb Associates as the winner of an international design competition for the Te Wero Bridge.
The Indian construction equipment market is set to grow +14% this year according to the latest report from Off-Highway Research. Last year's record volume of 50366 units is forecast to rise to 57350 machines in 2008.
Vinci, the world's largest construction company had revenues of € 15,7 billion in the first half of the year. This was a +15% increase on January to June 2007. Its operating profit was up +12% to € 1,46 billion.
Exports of US-built construction equipment were up +24% in the first half of the year, compared to the same period in 2007.
Following its mid August sales report, Bouygues has released its first half earnings presentation.
Strabag recorded sales of € 4,7 billion in the first half of 2008, an increase of +18% on the € 4 billion recorded during the first half last year.
The European Investment Bank (EIB) has announced a € 60 million loan to the Federation of Bosnia and Herzegovina to cover 50% of the cost of improvements to its urban water and sanitation networks.
Mid-year data from Eurostat shows construction activity in the EU27 was –1,8% lower at the end of June than it was a year previously.
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