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Finance News
Bitcoin and Cryptocurrencyβs Impact on the Global Construction Market
Bitcoin and Cryptocurrencyβs Impact on the Global Construction Market Bitcoin and other cryptocurrencies are beginning to reshape the global construction market, from how major projects are financed t...
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The Importance of Project Controls in Construction
The Importance of Project Controls in Construction Effective project management is the backbone of every successful construction project. With tight schedules, limited budgets, and numerous unpredicta...
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5 Reasons Why Construction Companies Should Switch to Sage 300 CRE
5 Reasons Why Construction Companies Should Switch to Sage 300 CRE Managing finances, tracking job costs, and keeping projects on schedule in the construction industry can feel like navigating a const...
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Ferrovial and Acciona Leading Vital Highway Expansion in Northern Peru
Ferrovial and Acciona Leading Vital Highway Expansion in Northern Peru Ferrovial, in partnership with Acciona, has successfully completed a 29.7-kilometre stretch of road in Chimbote, seamlessly exten...
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Trackunit Secures Major Investment from Goldman Sachs Alternatives
Trackunit Secures Major Investment from Goldman Sachs Alternatives In a move set to drive the future of construction technology, Trackunit, a leading provider of software and connectivity solutions fo...
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Multibillion-DollarΒ Austin Light Rail Phase 1 Moves Forward
Multibillion-DollarΒ Austin Light Rail Phase 1 Moves Forward Austin is on the brink of a major transportation evolution. The Austin Transit Partnership (ATP), the government entity spearheading the cit...
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Herc Rentals Seals $5.3b Deal to Acquire H&E Equipment Services
Herc Rentals Seals $5.3b Deal to Acquire H&E Equipment Services Herc Rentals has outmanoeuvred United Rentals in a high-stakes bidding war, securing a $5.3 billion cash-and-stock deal to acquire H...
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China-Thailand High-Speed Railway gets Green Light for Phase 2 Expansion
China-Thailand High-Speed Railway gets Green Light for Phase 2 Expansion Thailand has taken a significant step forward in regional connectivity by approving Phase 2 of the China-Thailand High-Speed Ra...
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Philippines inviting Bids for the Boracay Bridge Project
Philippines inviting Bids for the Boracay Bridge Project The Philippines is embarking on an ambitious infrastructure venture: the Boracay Bridge Project. This proposed 2.54-kilometre bridge aims to se...
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BOELS Rental Makes Landmark Β£65 Million Investment in new JCB Fleet
BOELS Rental Makes Landmark Β£65 Million Investment in new JCB Fleet In a landmark move set to reshape the European construction equipment landscape, BOELS Rental has committed a staggering Β£65 million...
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ADB and Fiji Join Forces to Tackle Urban Waste with Sustainable Solutions
ADB and Fiji Join Forces to Tackle Urban Waste with Sustainable Solutions In a significant move to address Fijiβs mounting urban waste challenges, the Asian Development Bank (ADB) has inked a Transact...
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EIB Announces Strategic Investment in Kiritimati Island Seaport
EIB Announces Strategic Investment in Kiritimati Island Seaport The European Investment Bank (EIB Global) is spearheading a transformative initiative that could reshape trade and logistics in the Paci...
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Unlocking Africaβs Green Future with Over $1.5 Billion in Investments
Unlocking Africaβs Green Future with Over $1.5 Billion in Investments Africa’s Green Economy Summit (AGES) 2025 is gearing up to be a pivotal event in the continent’s sustainable developme...
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EBRD Makes Bold Investment in Green Railway Infrastructure inΒ Morocco
EBRD Makes Bold Investment in Green Railway Infrastructure inΒ Morocco The European Bank for Reconstruction and Development (EBRD) has reinforced its commitment to sustainable mobility in Morocco with...
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River Dee Bridge set for Β£130m Infrastructure Overhaul
River Dee Bridge set for Β£130m Infrastructure Overhaul The Welsh Government is gearing up for a significant infrastructure upgrade with a GBP 130 million (US$161.6 million) project aimed at replacing...
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Mastering Cash Flow with a Construction Expert’s Guide to Financial Stability
Mastering Cash Flow with a Construction Expert’s Guide to Financial Stability In the construction industry, where cash flow challenges account for nearly 30% of business failures, proper financi...
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Peru’s Longitudinal de la Sierra Highway Project Nears Final Award Stage
Peru’s Longitudinal de la Sierra Highway Project Nears Final Award Stage Peru’s ambitious Longitudinal de la Sierra Tramo 4 project is edging closer to reality, with the final award proces...
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EOI Issued for Sikkah Al Hadid Joint Development Project in Al Madinah
EOI Issued for Sikkah Al Hadid Joint Development Project in Al Madinah The Al Madinah Regional Municipality, in partnership with the Ministry of Municipalities and Housing and the National Center for...
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Turner Construction Acquires Dornan Group in Ireland
Turner Construction Acquires Dornan Group in Ireland In a strategic move set to reshape the construction landscape, Turner Construction Company has finalised its acquisition of Ireland’s Dornan...
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Gatineau-Ottawa Tramway a Game-Changer for Sustainable Urban Mobility in Canada
Gatineau-Ottawa Tramway a Game-Changer for Sustainable Urban Mobility in Canada The SociΓ©tΓ© de transport de l’Outaouais (STO) has awarded a significant contract to Groupe Porteurβa consortium co...
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British International Investment Funding India’s EV Revolution
British International Investment Funding India’s EV Revolution In a significant stride towards bolstering India’s electric vehicle (EV) landscape, British International Investment (BII), t...
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New Investment Is Powering Growth in Construction Start-ups
New Investment Is Powering Growth in Construction Start-ups Since the market downturn in late 2022, venture capital fluctuations have rocked numerous industries, including the construction sector. The...
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EBRDΒ Powering Serbia with Strategic Investments in Green Infrastructure
EBRDΒ Powering Serbia with Strategic Investments in Green Infrastructure The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are ramping up their financial support f...
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EBRD Finances β¬200mΒ Offshore Wind Farm in Poland
EBRD Finances β¬200mΒ Offshore Wind Farm in Poland Poland is taking a bold step towards a greener energy future, with the European Bank for Reconstruction and Development (EBRD) committing β¬200 million...
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Melbourne’s $333.5mΒ Road Upgrades to Boost Safety and Cut Congestion
Melbourne’s $333.5mΒ Road Upgrades to Boost Safety and Cut Congestion In a significant move to tackle congestion and enhance safety in Melbourne’s burgeoning western suburbs, the Australian...
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$700m Kwinana Freeway Upgrade Transforming Western Australia Infrastructure
$700m Kwinana Freeway Upgrade Transforming Western Australia Infrastructure A major infrastructure upgrade is set to reshape Western Australiaβs transport network, with the Albanese and Cook Governmen...
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ADB InvestsΒ $100m to Boost Electric Mobility inΒ the Philippines
ADB InvestsΒ $100m to Boost Electric Mobility inΒ the Philippines The transition to electric mobility in the Philippines is getting a significant push as the Asian Development Bank (ADB) and Ayala Corpo...
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ADB Investing in Indonesia’s Geothermal Ambitions
ADB Investing in Indonesia’s Geothermal Ambitions The Asian Development Bank (ADB) has taken a monumental step in supporting Indonesiaβs green energy transition with a $92.6 million financing pa...
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Transforming Western Sydney with $1 Billion Investment in Future-Ready Infrastructure
Transforming Western Sydney with $1 Billion Investment in Future-Ready Infrastructure Western Sydney, Australiaβs fastest-growing region, is poised for a monumental transformation, thanks to a landmar...
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Atwell Strengthens Southeast Footprint with SEI Engineering Acquisition
Atwell Strengthens Southeast Footprint with SEI Engineering Acquisition The latest milestone in Atwellβs ambitious expansion strategy sees the national consulting, engineering, and construction servic...
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Long-Term Airport Concession Tenders Announced in Montenegro
Long-Term Airport Concession Tenders Announced in Montenegro The Government of Montenegro has taken a decisive step forward in its long-term vision for the nationβs aviation sector. In an announcement...
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US$ 970m PPP Finance DrivingΒ Santos-GuarujΓ‘ Tunnel Project in Brazil
US$ 970m PPP Finance DrivingΒ Santos-GuarujΓ‘ Tunnel Project in Brazil Brazil is taking a monumental step toward modernising its transport infrastructure with the National Waterway Transportation Agency...
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Tenders Invited for Penang Light Rail Transit Project in Malaysia
Tenders Invited for Penang Light Rail Transit Project in Malaysia The Penang Light Rail Transit (LRT) project in Malaysia is set to revolutionise the stateβs public transport system, providing a susta...
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ADB Finances Indonesia’s Clean Energy Future with Geothermal Expansion
ADB Finances Indonesia’s Clean Energy Future with Geothermal Expansion The Asian Development Bank (ADB) has taken a significant step forward in supporting Indonesiaβs green energy transition. By...
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Megawide Secures $31m for Cavite Bus Rapid Transit Project in The Philippines
Megawide Secures $31m for Cavite Bus Rapid Transit Project in The Philippines Megawide Construction Corporation, in partnership with Maplecrest Group Inc., has secured a significant milestone in Phili...
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Netradyne Raises $90 Million to Revolutionise Fleet Safety with AI
Netradyne Raises $90 Million to Revolutionise Fleet Safety with AI Netradyne, a trailblazer in artificial intelligence (AI) and edge computing solutions for fleet safety, has announced the successful...
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Port Houston Secures $25 Million Grant for Hydrogen Refuelling Station
Port Houston Secures $25 Million Grant for Hydrogen Refuelling Station In a bold step toward a sustainable future, Port Houston has been awarded a $25 million grant by the Department of Transportation...
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Toyoda Gosei Transforming Construction with DigitalArchiΒ 3D Printing Technology
Toyoda Gosei Transforming Construction with DigitalArchiΒ 3D Printing Technology The construction industry is no stranger to innovation, and the recent collaboration between Toyoda Gosei Co., Ltd. and...
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ADB and TBS Energi Lead the Charge for Sustainable Transport in Indonesia
ADB and TBS Energi Lead the Charge for Sustainable Transport in Indonesia Indonesiaβs transportation sector is about to take a significant leap into the future of sustainable mobility. The Asian Devel...
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Intel Capital Transitioning to a Standalone Investment Fund
Intel Capital Transitioning to a Standalone Investment Fund Intel Corporation has announced a transformative shift in its global venture capital arm, Intel Capital, by spinning it off into a standalon...
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Czech Railways Modernisation Boosted with β¬300 Million Investment
Czech Railways Modernisation Boosted with β¬300 Million Investment In a significant leap towards modernising the Czech Republic’s rail transport system, the European Investment Bank (EIB) has app...
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Armenia’s Sisian-Kajaran Road Project Supported by EIB
Armenia’s Sisian-Kajaran Road Project Supported by EIB The European Investment Bank has signed a monumental β¬236 million loan agreement with Armenia to co-finance the construction of the Sisian-...
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Vilnius Accelerating Toward Greener Public Transport with EBRD Support
Vilnius Accelerating Toward Greener Public Transport with EBRD Support Vilnius, Lithuania’s vibrant capital, is taking bold strides towards sustainable urban transport with a significant investm...
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Burges Salmon Champions Transformational Β£500m Rail Deal
Burges Salmon Champions Transformational Β£500m Rail Deal Independent UK law firm Burges Salmon has once again proven its expertise in transport law, advising FirstGroup plc on two landmark deals that...
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Liebherr Transforming Supply Chain in the US with new Logistics Centre Investment
Liebherr Transforming Supply Chain in the US with new Logistics Centre Investment Liebherr, a global powerhouse in construction and industrial technology, has marked a significant milestone with the g...
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ADB Grant Fuels Rarotonga Airport and Resilience in the Cook Islands
ADB Grant Fuels Rarotonga Airport and Resilience in the Cook Islands The Asian Development Bank (ADB) has stepped up to support the Cook Islands with a $2 million grant aimed at bolstering health resi...
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ADB Partners with MSEL to Spark Renewable Energy Growth in Bangladesh
ADB Partners with MSEL to Spark Renewable Energy Growth in Bangladesh In a significant leap forward for renewable energy in Bangladesh, the Asian Development Bank (ADB) has partnered with Muktagacha S...
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Tadano Acquiring Manitex to Elevate Global Lifting Industry Standards
Tadano Acquiring Manitex to Elevate Global Lifting Industry Standards Tadano Ltd. marked a transformative milestone by finalising its acquisition of Manitex International. With this acquisition, Manit...
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Startup Loadar Secures $4m Funding to Transform Freight Procurement
Startup Loadar Secures $4m Funding to Transform Freight Procurement The logistics industry is constantly evolving, yet some of its processes remain deeply entrenched in outdated systems. Loadar, a cut...
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ADB Catalysing Private Investment to Boost Infrastructure Development in Bangladesh
ADB Catalysing Private Investment to Boost Infrastructure Development in Bangladesh The Asian Development Bank (ADB) has taken a bold step towards accelerating Bangladeshβs infrastructure evolution. W...
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Eagle Materials Expands Footprint with Strategic Acquisition in Pennsylvania
Eagle Materials Expands Footprint with Strategic Acquisition in Pennsylvania Eagle Materials Inc., a well established company in the construction materials industry, has announced its definitive agree...
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Hyliionβs KARNO Generator Aims to Reduce Methane Emission in Oil and Gas
Hyliionβs KARNO Generator Aims to Reduce Methane Emission in Oil and Gas Hyliion Holdings Corp., a leader in sustainable electricity technology, recently announced it has secured a $6 million grant fr...
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A Safer Tomorrow for New South Wales Roads in Australia
A Safer Tomorrow for New South Wales Roads in Australia The Australian and New South Wales (NSW) Governments have joined forces to deliver a ground-breaking series of road safety initiatives under the...
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Green Finance Driving Sustainability in North Macedonia
Green Finance Driving Sustainability in North Macedonia The push for green energy has gained significant momentum in North Macedonia, thanks to the European Bank for Reconstruction and Development (EB...
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VINCI Cleaning Up with Canberra Wastewater Treatment Facilities Upgrade
VINCI Cleaning Up with Canberra Wastewater Treatment Facilities Upgrade Icon Water, the primary provider of water and wastewater services in Australiaβs Capital Territory, has entrusted Seymour Whyte...
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Africa’s Largest Onshore Wind Farm Powers Ahead
Africa’s Largest Onshore Wind Farm Powers Ahead The European Bank for Reconstruction and Development (EBRD) has taken a monumental step in advancing renewable energy on the African continent. By...
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Stagecoach Group’s Electrification Journey supported by KfW IPEX-Bank
Stagecoach Group’s Electrification Journey supported by KfW IPEX-Bank Since its founding in 1980, Stagecoach Group has emerged as the United Kingdomβs largest transport operator, seamlessly conn...
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STRABAG Expands into Australia with Strategic Acquisition
STRABAG Expands into Australia with Strategic Acquisition In a significant move set to reshape the construction landscape in Australia, STRABAG SE, the European construction giant, has announced the f...
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KfW IPEX-Bank ChampionsΒ Energy TransformationΒ in Finland
KfW IPEX-Bank ChampionsΒ Energy TransformationΒ in Finland In an era where climate change has taken centre stage, KfW IPEX-Bank, alongside a consortium of leading banks, is stepping up to support Finlan...
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SIS Secures β¬107m Contract for Catania Metro Expansion in Sicily
SIS Secures β¬107m Contract for Catania Metro Expansion in Sicily SIS, a consortium of Fininc (51%) and Sacyr (49%), has been awarded a major contract for the construction of a key section of the Catan...
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