GlobalData Construction Industry Updates

WOBO thanks GlobalData for information on indicative developments taking place that may have opportunities for members and fellow professionals.

Construction

NCDOT awards $182m contract for Hampstead Bypass completion

The project will involve grading, drainage, paving, and structure development from NC 140 to NC 210.

Rezolv Energy awards second-phase contract of VIFOR wind farm to PORR

The second phase of construction will involve building foundations and platforms needed for turbine installation.

Italy approves construction of $15.8bn Strait of Messina Bridge

Webuild will oversee construction of the bridge, partnering with Sacyr and IHI, as well as Condotte and Itinera.

North End Connectors wins Yonge North Subway Extension tunnelling contract

The contract follows a design-build-finance model under IO’s P3 framework.

Competitive intelligence

UK VC funding deal value down by 12% YoY

The VC funding landscape in the UK has encountered a significant downturn in the first half of 2025 with a decline in both VC deal volume and value compared to the same period last year

 

 

Custom solutionsTransform your B2B approach with our marketing solutions

Engage and influence key prospects with industry-leading business intelligence and award-winning journalism, trusted by Siemens, Ericsson, and many others. Interested in learning more?

 

 

STRABAG to convert Wieczorek coal mine into sustainable technology hub

The project will see the over century-old coal mine revitalised into a modern infrastructure with sustainable energy systems.

Arada awards contract to Intermass for Anantara Sharjah project

Shared amenities at the complex will include a beachfront infinity pool, five signature restaurants, the Anantara Spa, and more.

Jacobs to provide construction management for LA-area port facility

The Pier B rail programme will transform the existing rail yard, doubling its size from 82 to 171 acres.

Skanska wins new nursing home construction contract in Oslo

The nursing home will span approximately 15,200m² and provide 138 long-term care beds.

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