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Construction News

Israel approves 186 new east Jerusalem homes

Jerusalem - Israel granted final approval Wednesday for plans to build another 186 new homes in annexed Arab east Jerusalem, a city councillor told AFP, drawing an angry reaction from the Palestinians.
In the Media by AFP

German building firm Hochtief ups bid for bigger Leighton stake

Frankfurt - German construction group Hochtief said on Thursday it will increase the price it is offering to raise its stake in Australia's biggest building company Leighton.The increased bid represented a total purchase price of 1.205 billion Australian dollars o...
In the Media by AFP

Boosting Ethiopia's economic growth with building boom

Addis Ababa - Above Addis Ababa's concrete skyline, cranes tower high amid blasts from nearby drills and diggers.
In the Media by Jenny Vaughan (AFP)

Hochtief builds up stake in Leighton of Australia

Frankfurt - German construction group Hochtief said Monday it plans to tighten its grip on Australia's biggest building company by raising its stake to 74 percent.
In the Media by AFP

Crimea eyes bridge for link with Russia

Kerch - A ferry is the only way to cross the small strip of sea that separates Ukraine's Kerch peninsula in the far east of restive Crimea from Russia.
In the Media by Bertrand De Saisset (AFP)

Home building lifts US construction spending in January

Washington - Home building pushed US construction spending higher in January despite bad winter weather, government data released Monday showed.January construction spending rose 0.1 percent, the Commerce Department said.
In the Media by AFP

Deal reached resolving Panama Canal row

Panama City - A row over $1.6 billion in cost overruns on construction to widen the Panama Canal has been resolved, the parties said Friday, ensuring completion of the massive project.The Panama Canal Authority and the consortium "Grupo Unidos por el Canal" (GUPC) a...
In the Media by AFP

Bouygues reports big loss, but mobile-phone unit rallies

Paris - Construction and telecom group Bouygues reported on Wednesday a big loss for 2013 after a writedown for shares in Alstom, but its mobile-phone division switched back into profit.The net loss was 757 million euros ($1.04 billion), but investors focused ...
In the Media by AFP

Taiwan 'aerotropolis' plan buoyed by Chinese tourists

Taipei - Taiwan's ambitions to become a regional air hub finally look set to take off with approval for a mega "aerotropolis" to cash in on improving ties with China and the rise of budget airlines in the region.The ambitious plan to transform the main Taoyuan ...
In the Media by Benjamin Yeh (AFP)

Singapore says 'too early' to relax property cooling measures

Singapore - Singapore said Friday that measures it had implemented to cool down the property market have succeeded but it was "too early" to relax them.The remarks by Finance Minister Tharman Shanmugaratnam in parliament came amid concerns by analysts about proper...
In the Media by AFP
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Cementos Argos is Colombia s biggest cement firm.
Cementos Argos
Cementos Argos is Colombia's biggest cement firm.

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Lagos and its bridges

In the wake of the closure of 22-year-old Africa’s longest bridge snaking approximately 11.8km along the edge of...
Aug 25, 2012 by Tolulope Sina-Olulana


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