AIIB finances $260m for high-tech Bridge Construction in Bangladesh The Asian Infrastructure Investment Bank (AIIB) has approved a USD260-million loan to Bangladesh for the construction of a bridge that will make use of the latest advances in technology to improve safety and promote early detection of s...
EIB looks at public-private infrastructure investment to accelerate sustainable recovery Werner Hoyer, President of the European Investment Bank and chair of the D20 Long-Term Investors Club (D20-LTIC) today highlighted the crucial need to accelerate investment in sustainable infrastructure through clos...
ADB funds US$300m Balakot Hydropower Project in Pakistan The Asian Development Bank (ADB) and the Government of Pakistan signed a $300 million loan to finance the construction of a 300-megawatt hydropower plant in Balakot, Khyber Pakhtunkhwa province. ADB Acting Country Director Cleo Kawawaki and Secret...
Rural road connectivity in Sri Lanka supported by ADB The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a $200 million loan agreement for the Second Integrated Road Investment Program Tranche 3 to continue ADB’s assistance to upgrade Sri Lanka’s rural road network connecting...
ADB agrees $116m green loan financing for 144MW Wind Farms in Vietnam The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen Wind Power Joint Stock Company (Phong Ng...
Scotland’s TA400 Terex Trucks perfect for US large-scale projects As the US construction sector is recovering from the Covid-19 pandemic, President Biden is working on a major infrastructure bill. This is the perfect time for Scottish manufacturer Terex Trucks to put a spotlight on its largest art...
EIB reports €10 billion investment gap in AI and blockchain in the EU Today, the European Investment Bank (EIB) and European Commission published a new study on the state of play in artificial intelligence and blockchain technologies in the European Union: “Artificial intelligence, blockchain and the fu...
Ferrovial Airports appoints new CEO Luke Bugeja The Board of Directors of Ferrovial today appointed Luke Bugeja as CEO of Ferrovial Airports, in place of Jorge Gil, who has held that position since December 2012 and will remain on for several months to ensure a smooth handover. Bugeja has over 30 years...
Sacyr and Fininc opens 35km section of new Pedemontana-Veneta Highway in Italy Today, the SIS consortium, consisting of Fininc (51%) and Sacyr (49%), has put the fourth section of the Pedemontana-Veneta highway into service, by opening the 35-kilometer Bassano Ovest-Montebeluna toll section. With the op...
Cat announces new 980 and 982 medium Wheel Loaders Offering premium performance in the 9- to 11-tonne (10- to 12-ton) wheel loader class, the new Cat® 980 and 982 medium wheel loaders are up to 10% more productive and lower maintenance costs up to 20% when compared to the previous 980M and 982M powershi...
RSP UK launches the Breaker Boom suction excavator to transform plant hire RSP UK were thrilled to announce a world first with the release of their suction excavator that will transform the plant hire industry! 2021 will see the German based manufacturer bring a new solution specifically to the UK marke...
CCC Waste Recycling partners with CDE to deliver UK’s largest waste recycling plant CCC, a family-owned business based in Liverpool, has announced a major investment in a new waste recycling plant from wet processing experts CDE. Established in 1986, the company, headquartered in Kirkby, Merseysi...
Sustainable Financing and Fintech could boost ESG activity An increasing number of businesses are focusing on how to embed ESG (Environment, Social, and Governance) goals into their strategies. As the notion of sustainability is gaining more ground in the finance sector as well, Marius Galdikas, CEO at...
Buckhurst Plant Hire invests £2.5m into new Hyundai Excavator Fleet Hyundai dealer, Taylor & Braithwaite has recently supplied a brand-new fleet of Hyundai Excavators, to long-term customer Buckhurst Plant Hire, forming part of a £2.5 million investment in upgrading the company’s machines, during th...
Robot Exchange secures £500k funding to drive Robotic Process Automation The Robot Exchange has secured a significant £500k investment from leading private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (“MEIF”). The Nottingham-based business supplies Robotic Proces...
Target Group expands with funding from the Metro Bank A boom in the construction industry created unprecedented demand for the Target Group which specialises in digger, dumper and access platform hire across Colchester and Ipswich, London and Kent. To fund new dumpers, tippers and excavators, Target Gro...
Construction equipment rental market growth trends The construction equipment rental market will be prominently driven by the robust adoption of technologically integrated equipment in rental fleets. Technological innovations, including telematics and driver assistance systems will further propel the bu...
Begbies Traynor Group acquires leading finance broker MAF Finance Group National professional services consultancy, Begbies Traynor Group has acquired leading finance broker, MAF Finance Group, an expert in arranging finance for the construction sector, in a deal worth up to £11.75m. Under the deal, the...
Total Eren Solar Power Plant starts €87.4m construction in Uzbekistan The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an €87.4 million financing package jointly organised by, the European Bank for Reconstructio...
Mecalac launches new site dumpers in the UK Earlier this month, Mecalac Construction Equipment UK launched a suite of new site dumper models at an exclusive event at its Warwickshire demo ground. The eagerly-anticipated 3.5MDX cabbed site dumper made its global debut, alongside all-new hydrostatic versi...
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