Work will soon begin on a major residential construction project. The project, which comes from the Saudi Arabian Ministry of Finance’s Public Investment Fund (PIF) will see around SAR55 billion (approx. £8.5 billion) worth of funds pumped into the building of homes in Madinah. According to local source Al-Madinha Daily, …
Read More »Consortium led by Strabag Wins Huge Brenner Base Tunnel Contract
A consortium led by Strabag has won the largest contract so far awarded for work on the Brenner Base Tunnel. The contract is worth €380 million, and Strabag will get a 51% share of this total. The company will work alongside Salini Impregilo, who will take the other 49% share. …
Read More »Construction business practices and pattern in Bangladesh
Introduction In a country of more than 180 million inhabitants, people of Bangladesh are always struggling to fulfill their basic need of shelter, especially the people residing in the cities and towns. With the changing economy, the pattern of movement of the people also changed. At present, people like to …
Read More »Belarusian non-residential construction sector to expand by 1.3% in 2014
Until 2012, the construction industry had been one of the key drivers of the Belarusian economy. Strong growth rates in construction had been largely achieved on the back of state supported infrastructure development programmes. However, this trend has cooled down significantly in the last couple of years. As indicated by …
Read More »26 Construction Projects in Astana set for Completion by EXPO 2017
In the run-up to EXPO 2017, the host city of Astana, Kazakhstan will see 26 separate construction projects completed. The projects should all be completed over a period of 26 months, and will be put to use for the duration of the event before opening up for use by the …
Read More »Europe's First Double-Deck Tunnel Reaches End of Excavation Phase
Excavations have now been completed for what will become the first double-deck motorway tunnel in Europe. The tunnel will carry the A2 Motorway through the town of Maastricht, Holland. The excavation process has taken two years, with over 1.4 million cubic metres of earth and stone being shifted altogether. When …
Read More »Earthquake (Seismic) provisions in Bangladesh Building codes
Geologists put Bangladesh in moderate earthquake prone zone. Each year this country experiences thousands of mild to moderate earthquake. Thanks to heaven that the latest severe earthquake happened about a century ago. The great Bengali-Assam earthquake, struck in 1897, almost vanquished the entire Bengal and Assam region. Scientists have alerted …
Read More »RUB3.3tr to be spent on modernisation of the power sector in Russia during 2013-2019
PMR believes that, in recent years the replacement of ageing power-generating facilities has been the main driver for new investment in the energy sector construction market. The Russian power sector has undergone substantial reform over the past few years. The restructuring was aimed at ending the state monopoly of the …
Read More »Romanian construction industry down by 0.6% y-o-y in 2013
After the double-digit declines in construction output seen in 2009 and 2010, which in turn created a very low base for comparison and therefore a seemingly guaranteed positive figure in 2011, the construction industry in Romania maintained its downward trend not only in 2011, but, according to PMR, in the …
Read More »Gas pipeline construction in Bangladesh
Bangladesh is a small country with plenty of natural resources. Among them, the main is natural gas. Approximately 1800 to 2000 million cubic feet of natural gas are produced in a day from all the gas fields in Bangladesh. Gas produced in the gas fields are carried through gas pipelines …
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