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Home » Archives by category » Business » Construction
Skanska Sells 50% of Walsall Manor Hospital for £17 Million
Skanska, the Swedish-based public works & construction firm, has sold its 50% equity holding in Walsall Manor Hospital near Birmingham, UK, to Barclays Infrastructure Funds Management Limited. The £17 million…
Great Lakes and Dredging International to Work on Wheatstone LNG Project
Great Lakes Dredge & Dock Corporation are to work with Dredging International (part of DEME) on a subcontract to dredge 26 million cubic metres of clay and rock around the Wheatstone…
Disaster Management: Rebuilding Haiti – First Hand Account from Daniel O’Neil
I am guilty of having written against the idea of just rebuilding the chaos. Following the devastating 2010 Haitian earthquake, it seemed as if all of Port-au-Prince had been destroyed.…
Skanska Sells Share in Edinburgh Schools to Barclays for £3 Million
Skanska has sold its 50% share in the Midlothian Schools project to the co-investor, Barclays Integrated Infrastructure Fund, for £3 million. The publicly listed Swedish infrastructure company built the schools…
Private Companies Get $750 Million Contract for Afghanistan Development
The United States’ Agency for International Development has awarded a combined contract to three separate companies to provide water and energy development projects in Afghanistan. Construction, engineering and support services…
Skanska Awarded Contract to build HMP Grampian – 500 Place Prison in Peterhead, Scotland
Skanska have been awarded the contract to build HMP Grampian, a new prison for Northern Scotland. The 500 place facility will house both male and female inmates and will replace…
Shanghai Tower Will Feature World’s Fastest Elevator
The Shanghai Tower, currently being built in China, will feature the world’s fastest elevators with the lifts carrying passengers up and down the building at a rate of eighteen metres…
Aker Philadelphia Shipyard to Build Two New Exxon Mobil Tankers
An affiliate of Exxon Mobil Corporation, SeaRiver Maritime, Inc., has signed a letter of intent with Aker Philadelphia Shipyard for two new tankers. The shipyard will deliver the 250m long,…
Kenya: Ministry of Works Finding Its Way Out Of The Woods
According to the Kenyan Economic Survey 2011, an ongoing effort to improve the construction industry has seen cement consumption rise by 16.2 per cent to 3.1million tonnes in 2010, compared…
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