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Astaldi JV wins two big Turkey contractsAstaldi Group, a leading general contractor in Italy, said its Turkish joint venture firm has been awarded two big orders - a €627 million ($696 million) EPC contract for Istanbul Underground project and construction of a €392-million More… |
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Abu Dhabi starts work on $178m motorway projectAbu Dhabi General Services Company (Musanada) said work has started on the 50-km-long Madinat Zayed-Al Marfa motorway project and is likely to be completed by the first quarter of 2019. The Dh653-million ($178 million) project is More… |
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Hochtief wins Austria motorway project dealHochtief, one of the leading international construction groups, said it has won the contract for expansion of A5 North/Weinviertel motorway, one of the most important roadway construction projects in Lower Austria. The motorway ru More… |
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Britain's major highway closed after blast reportsBritish police closed off a major motorway in northern England on Saturday after an explosion was heard near Britain's largest army training barracks. North Yorkshire Police said the report of the explosion was made at 0300 GM More… |
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ADIA in Queensland Motorways buying groupA consortium comprising Abu Dhabi Investment Authority (ADIA) has agreed to buy Australia’s Queensland Motorways for A$7.1 billion ($6.6 billion) to gain control of toll roads in the state, a report said. QIC agreed to More… |
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Aabar to sell Atlantia stake for $448mAbu Dhabi state-owned fund Aabar Investments is to sell its 3.3 percent stake in Italian motorway operator Atlantia for 321 million euros ($448 million) to an unnamed buyer, a preliminary bond prospectus showed. Aabar, m More… |
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20 firms bid for 1,700 km Libya motorwayItalian builders have presented 20 offers for a 1,700 km motorway across Libya, the biggest project of its kind in Africa, Italy's infrastructure minister Altero Matteoli said on Tuesday. The project will be financed by Italy as agreed More… |
