Category: Construction & Building Materials
The Mexican multinational building materials company CEMEX has reportedly announced to have assisted in the construction of the Assiut barrage project in Egypt. Sources cite that the project is considered to be the third largest water irrigation facility on the Nile river. Reportedly, CEMEX was …
Mitsubishi Corporation, Japan’s largest trading company, has reportedly ventured into the Indian real estate business with an investment of approximately Rs. 1.8 billion, with an underdevelopment residential project by Shriram Properties in Chennai. According to terms of the agreement, Mitsubishi would hold a 70% stake …
Senegal has made it to the headlines for almost having completed the construction of its $2 billion futuristic city. Sources state that the city had been built to help reduce overcrowding and congestion in Dakar, Senegal’s capital city. In addition to plummeting congestion, the project …
The city of Berkeley has recently announced that they have rejected the plans to construct 27,500 square feet of commercial space and 260 apartments project, originally owned by the Frank Spenger Company and Ruegg & Ellsworth. Apparently, the construction project has been controversial from the …
Northern Territory Airports Pty Ltd (NTAPL), a subsidiary of Airport Development Group (ADG) has reportedly been awarded a USD 300 million expansion bonus by the Northern Australia Infrastructure Facility (NAIF), an investment reported to be the largest financing ever made by the Federal body. As …
The Cornwall-based building contractor Nova Construction would reportedly go into liquidation this month. As per trusted sources, this is not the first time that the company directors have seen one of their businesses turning insolvent. A statement from Purnells, a licensed insolvency practitioner, has confirmed …