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Bouygues consortium wins $1.9 billion railway bypass contract in France
A consortium led by France-based Bouygues Construction has secured a โฌ1.5 billion contract from Rรฉseau Ferrรฉ de France to build, design, maintain and fund the Nimes and Montpellier railway bypass in France. The consortium,...
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Weyerhaeuser expands into reclaimed wood market
Weyerhaeuser, one of the USโs largest wood product distributors, has added reclaimed wood to its offering. The US$6.2m turnover manufacturer and distributor has agreed an exclusive deal to distribute Barnwood Industries' reclaimed wood in...
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EIB funds $625 million for high-speed rail line in Spain
The European Investment Bank has approved a โฌ500 million loan to Spanish rail infrastructure company ADIF to finance the construction of the Y Vasca high-speed rail line. The loan amount will be used to...
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EBRD funds highway to by-pass centre of St. Petersburg in Russia
The European Bank for Reconstruction and Development has approved a loan of up to โฌ200 million to fund a section of a new toll road by-passing the historic centre of St. Petersburg in Russia. ...
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EIB grants $625.94 million loan to ADIF for high-speed rail line in Basque
The European Investment Bank (EIB) has granted a โฌ500 million ($625.94 million) loan to Spanish rail infrastructure company ADIF to finance the construction of the Y Vasca high-speed rail line in Basque. The loan...
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CTB approves $80 million Gloucester Parkway and Pacific Boulevard Extension
The Commonwealth Transportation Board (CTB) has approved an $80 million Virginia Transportation Infrastructure Bank (VTIB) loan application submitted by the Loudoun County Industrial Development Authority. The loan request is in collaboration with Kincora/NA Dulles...
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Costain, Skanska joint venture wins $63 million Crossrail contract
Costain, one of the engineering solutions providers from UK, in joint venture with Skanska, has been awarded a contract by Crossrail Limited which is worth an aggregate of about ยฃ40 million ($63 million). The...
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