On the 14th of March, California authorities issued an initial project which included a prime proposal to reform the Sacramento-San Joaquin Delta in an effort to secure water supply across the state. In addition, the documents of the Bay Delta Conservation Plan centrally focused on the California Governor Jerry Brown’s multi-billion suggestion to bring back the equipoise of the ecosystem and provide stable water supply for the state.
The Confederation of British Industry, UK’s leading lobbying organization, suggested that the forthcoming 2013 Budget should be centrally focused on creating around 50,000 new homes in order to reduce fiscal deficit. Moreover, the British Chambers of Commerce supported the plea put forward by the CBI to promote infrastructure.
On the 19th of February, Singapore and Malaysia informed that a new high-speed rail link would be build between the wealthy city-state and Kuala Lumpur. The news on the new high-speed rail link between two cities opens a new chapter in the bilateral relations. The Southeast Asian neighbors certainly will benefit from this new communication link not only on a human level, but mainly on the economic one. Economic ties between Singapore and Malaysia will be even stronger than these days. The high-speed rail link is expected to be a “game changer” for both countries.
Mouchel Group Plc. informed that it had agreed to restructure the company. The restructuring will give Mouchel’s lenders a majority interest in the infrastructure firm. In addition the company agreed to delist itself to avert an impending debt default. A consortium of banks, consists of Royal Bank of Scotland, Lloyds Banking Group and Barclays, will take control of Mouchel.
After nearly a decade, Minnesota Vikings has finally come this far in their quest for a new stadium. Governer Mark Dayton and Vikings owners Mark and Zygi Wilf revealed plans for a new, $975 million stadium that would be built nearly on top of the Metrodome site in downtown Minneapolis.
Coromandel Engineering Company Ltd., established in 1947, is part of the $4 billion Murugappa Group. One of India’s oldest and most well-respected business houses, the company has pioneered several novel engineering techniques including being the first to introduce pre-engineered metal building systems in India. The Murugappa Group has holdings across a number of successful industries, [...]
Delivering Global Icons Produced By Rachel Allen About a century and a half ago, a giant water reservoir was built on the famous Malabar Hills, in an Indian city then named Bombay – by a company called Littlewood Pallonji & Company. Over time, that company has grown to become the Shapoorji Pallonji Group of Companies, [...]
The 2012 London Olympics Basketball Arena The reusable-recyclable Basketball stadium of the 2012 Olympics, unveiled last week, is the fourth Olympic Park venues completed a year in advance of the Olympics, and is being dubbed as one of the quickest venues to complete construction, according to the Olympic Delivery Authority (ODA) The London 2012 Olympics [...]
Company Profile of IL & FS Transportation Networks Limited Produced by Rachel Allen Building Better Networks IL&FS Transportation Networks Limited (ITNL), promoted in November 2000 by Infrastructure Leasing & Financial Services Limited (IL&FS), is one of the largest BOT road asset owners in India. ITNL acts as a developer, operator and facilitator of surface transportation [...]
Kajima, Taisei see Record Highs Japan’s largest construction firm, Kajima, rose 22% to 259 yen, the biggest increase since Oct. 14, 2008, while the nation’s third-largest builder, Taisei Corp., climbed 20% to 223 yen, the largest jump since April 24, 2000. Advancing 6.4% as of the 3 p.m. close in Tokyo trading yesterday, Japan’s 95-member [...]
On its way to the top STRABAG is one of Europe’s leading construction groups. With approximately 75,500 employees, STRABAG posted an output volume of around € 13.0 billion in 2009. From its core markets of Austria and Germany, STRABAG, via its numerous subsidiaries, is present in all countries of Eastern and South-East Europe, in selected [...]
To alleviate the 80,000 units per annum estimated housing shortage in the U.K, the Royal Institution of Chartered Surveyors (RICS) has identified the return of prefab as the most suitable solution! Team that with making these new prefab homes out of recycled plastic, and pricing them at as little as £20,000, and bingo! How many birds [...]
Montreal is the Second largest city in Canada and the largest city in the province of Quebec. The name Montreal has been taken from Mont-Royal which is the triple peaked hill located in the heart of the city. Montre al is also the world’s largest underground complex in the world. It is also known as [...]