WOBO thanks GlobalData for the links to indicative developments taking place that may have opportunities for both members and fellow professionals.
LATEST NEWS IN YOUR INDUSTRY
Burj Khalifa/Dubai Mall Metro Station set for expansion
The expanded station is forecast to be able to accommodate up to 220,000 passengers daily.
AECOM chosen as technical advisor for VicGrid’s energy programme
In the role, AECOM will offer essential support for the development and delivery of the programme.
Ghella JV secures $414.6m Milan M1 metro line extension contract
The JV comprises Ghella, C.M.B., and the Eteria Consortium consisting of Vianini Lavori, Itinera, and I.CO.P..
Mona Vale Road West upgrade in New South Wales gets $322m boost
The project will expand a 3.4km stretch of the road from two lanes to four, enhancing connectivity in the region.
POWERCHINA signs contracts for two substation expansions in Chile
The projects include enhancements to a 500kV substation in Antofagasta and a 220kV substation in central-northern Chile.
Queen Mary University of London signs agreement to acquire land in Whitechapel
The latest acquired land will further consolidate Queen Mary’s presence in Whitechapel.
Oak Row Equities gets construction financing for Miami multifamily tower
The tower will include 324 homes with views of Biscayne Bay.
BAM to construct 1,000 sustainable homes in eastern Netherlands
The first of the new homes is expected to be completed by the end of this year.
Volvo CE to divest SDLG stake to Lingong Group fund
The deal is forecast to positively impact Volvo CE’s operating income by Skr1bn at closing.
Peab to develop new city district in Åkersberga, Sweden
Hagby äng och kulle aims to merge urban living with green spaces and recreational areas.
Assemblin Caverion Norway acquires plumbing company Åge Nilsen
Åge Nilsen employs approximately 60 employees and has annual net sales of Nkr170m.
SYSTRA to undertake design work on 18 road bridges in Denmark
Design work by SYSTRA is set to commence in the latter half of 2025.
Implenia acquires $251.9m construction orders in Switzerland and Germany
The company will serve as a general and early works contractor for multiple projects.
VINCI unit and Colas Rail receive Chilean rail contract
Work scope includes dismantling current track and supplying materials such as track, sleepers, ballast, and overhead lines.
One Darling Point development in Sydney gets approval
The approval was achieved via the NSW Government’s new streamlined planning pathway.
Sweco expands circular economy services with new acquisitions
The combined turnover of the acquired PROgroup and +ImpaKT companies last year was reported at €5.1m.
Zoomlion’s ZCC9800W crane advances Morocco stadium construction
The ZCC9800W is claimed to be utilised across various complex operating environments.
Tutor Perini chosen for $1.87bn Midtown Bus Terminal Redevelopment Program
Completion of the currently scheduled and funded work is due by late 2028.