A new era for Heathrow with Ferrovial’s Strategic Exit In a landmark move that reshapes the aviation industry’s ownership landscape, Ferrovial has announced the sale of its substantial stake in FGP Topco, the parent company of Heathrow Airport Holdings Ltd., for an eye-catching sum of £2,368...
Navigating the Complex World of Project Finance In an industry where the creation and development of physical assets are central, understanding the nuances of project finance is crucial for construction professionals, industry investors, and policymakers. Highways Today, recognizing the huge gap in acce...
Indonesia’s vision for their new capital city of Nusantara The vision of Nusantara, the future capital of Indonesia, set for inauguration on 17 August 2024, is not just an urban development project but a bold statement of Indonesia’s commitment to sustainable urbanization. The decision to relocate...
GeologicAI going global with $10m financing for their Rock Analytics Platform GeologicAI, a global leader in digital rock analysis, announced the closing of an additional US$10 million in funding from Export Development Canada (EDC) as an extension to its Series A financing round led by Breakthrough Ene...
Saudi Fund for Development’s $580m Boost to African Infrastructure In a landmark move, the Saudi Fund for Development (SFD) has taken a significant step towards bolstering African infrastructure and economic growth. The Chief Executive Officer of SFD, H.E. Sultan Al-Marshad, inked 14 new developme...
2023 Construction Management Award Winners announced by Trimble Trimble today announced the winners of the annual Trimble Construction Management Awards, which honours the successes that North American civil, general and specialty contractors have achieved with the support of Trimble technology. This ye...
US DFC investing $553m in Colombo Port expansion in Sri Lanka The U.S. International Development Finance Corporation (DFC) has earmarked an impressive USD 553 million investment for Colombo West International Terminal Pvt. Ltd. (CWIT), a joint venture that symbolises a significant tripartite collaborati...
KfW IPEX-Bank funds Sustainable Rail Expansion in Norway In a significant stride towards sustainable transportation, KfW IPEX-Bank has announced the provision of a green loan facility totalling NOK 1,148 million (around EUR 100 million) to the Norwegian state-owned enterprise, Bane NOR Eiendom. This str...
WJ hails new UK Road Funding as an opportunity to drive Safety Innovations Following the announcement of additional funding for roads linked to the scrapping of the second phase of HS2, Wayne Johnston, Chief Executive Officer at WJ Group, says councils must maximise its impact with high-performance, dur...
World Forum on Urban Forests promotes Green Design Philosophy Urban forestry is the most urgent challenge for the survival of cities. According to the United Nations Department for Economic and Social Affairs, by 2050 68% of the world’s population is expected to live in urban areas. Urban forests are th...
UK CASE Roadshow a success for Civils and Construction Solutions Wigan-based civil engineering and groundworks company Civils & Construction Solutions Ltd has ordered four CASE CX130E crawler excavators from local dealer Dennis Barnfield Ltd, to meet growing demand from customers across the North-We...
Middle East Crisis sends shockwaves through Global Bitumen Markets In a sudden turn of events, the geopolitical landscape in the Middle East underwent a seismic shift on Saturday, 7th October, when Hamas launched an offensive against Israel. This aggressive manoeuvre not only disrupted regional power dy...
Sacyr completes 45 percent sale of N6 Motorway Concession in Ireland Sacyr, through its P3 unit Sacyr Concesiones, has agreed to sell its 45% stake in Irish motorway N6 to Bestinver Infra. The 56-kilometer road improves connections in West Ireland. The National Route N6 in Ireland is a major road that c...
Construction robotics developer Q-Bot expands with £3.5m investment EMV Capital, the VC investor specialising in early-stage high-growth deep tech companies, is delighted to announce that it has led the completion of a £3.5 million investment round into its portfolio company Q-Bot, a developer of robots...
Optimisation Strategies for AEC Firms during the Cost of Living Crisis In the environment of architecture, engineering, and construction (AEC), effectively controlling overhead expenses can determine the success or failure of a company in terms of profitability and competitiveness. Overhead expenses ref...
KfW IPEX-Bank finances new Polish Intermodal Railcars KfW IPEX-Bank is financing a pool of new freight cars for the Polish freight wagon lessor Eurowagon. The financing is being used to procure up to 800 state-of-the-art intermodal railcars, which the company specialises in leasing to mainly Western Eur...
Tide Bank upgrades helps SME’s simplify Accounting in the UK Tide, the leading digital business financial platform, has today launched its improved Tide Accounting tool, powered by Sage, to help more small businesses meet their accounting needs directly from one place – their bank account. A...
Africa PPP to Accelerate Infrastructure Development and Investment in Africa AME Trade is proud to announce the launch of the 13th edition of Africa PPP, the longest-running Public-Private Partnerships event in Africa. The flagship infrastructure investment summit is set to take place from October 24th...
AfDB continues to prioritize Infrastructure in Africa for Economic Growth The African Development Bank (AfDB) has consistently recognized the critical role of infrastructure development in driving economic growth across the African continent. With a focus on addressing key challenges and fostering susta...
World Blockchain Congress set for 14-15 June in Jakarta The World Blockchain Congress is set to take place in Jakarta, Indonesia. The two-day conference, scheduled for June 14-15, 2023, will bring together Blockchain experts, thought leaders, and entrepreneurs from around the region. Blockchain technolo...
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