The Salini Impregilo Group's Lane Construction Inc. announced the signing of a contract for the cash sale of Lane’s Plants & Paving division to Eurovia SAS, a company of the Vinci Group, for a total of $555 million.
SNC-Lavalin has been closely following developments in regards to the media coverage and commentary of the dispute between Canada and the Kingdom of Saudi Arabia, resulting in the suspension of new trade with Canada. We have had questions from investors, analysts and media, and therefore, in accordance with our disclosure practices, we are giving this update.
Extension of Métro Line B between Oullins and Saint-Genis-Laval / Hôpitaux Sud | Implenia lead-manages consortium | Order is worth a total of around EUR 138 million (CHF 155 million)
Tender volume: approx. EUR 163.6m
Virginia Grebbien, Parsons Corporate Executive Vice President & Chief of Staff, joins Los Angeles Mayor Eric Garcetti, City Council Members as well as business and civic leaders this week on a trade mission to Asia. Ms. Grebbien joins the delegation for meetings in Vietnam and Hong Kong.
Salini Impregilo has won awards for two projects it has recently completed – the Skytrain Bridge for the Sydney Metro Northwest in Australia and the Anacostia River Tunnel in Washington, D.C., United States. The Group received the recognition from the leading U.S. construction magazine the Engineering News-Record (ENR) which publishes on a yearly basis its rankings for large international construction companies. Salini Impregilo is the only company to have won two awards in the sixth edition of ENR's Global Best Projects.
Endomines reports good progress on construction and commissioning activities at its Friday mine project in Idaho, USA. The project continues to advance in line with the original expectations regarding both timetable and budget and has reached several development milestones in accordance with the project plan. The announced target timetable is to start up the mine within a year from the acquisition, i.e. by the end of February 2019, and the project budget is USD 7.7million.
Crossrail Limited provided an update on appointments to the Crossrail Board.
Planning and preparation work for double-track expansion between Varberg and Hamra | “One Company” project puts Implenia in excellent position for future execution contract
New company founded in Bahrain
Cimic Group company, CPB Contractors, has been selected by BHP Iron Ore to deliver the construction of bulk earthworks, concrete and underground services for the South Flank project in Western Australia’s Pilbara region. Revenue to CPB Contractors for this construct-only contract is approximately $260 million, with construction scheduled to commence in July and conclude in September 2020.
Queensland’s coal industry is making a record contribution to the State Budget to deliver funding for Queensland infrastructure and vital services, like health and education, Queensland Resources Council Chief Executive Ian Macfarlane said.
A consortium consisting of Porr S.A. and Denys NV has been hired by Gaz-System S.A. to build the high-pressure gas pipeline Tworóg-Tworzeń. The pipeline is already the second project that Porr is building for the Polish gas transport operator. The new pipeline aims to improve the transport of natural gas in the Voivodeship of Opole and the Silesia region. The tender is worth around EUR 68m (PLN 290m).
Cimic Group company, Leighton Asia, as lead partner in a joint venture, has been selected by Singapore’s Land Transport Authority to deliver a A$540 million tunnel and infrastructure contract (N103 contract works), as part of the North-South Transportation Corridor project.
Balfour Beatty, the international infrastructure group, announced that a subsidiary of its 50:50 Far East joint venture, Gammon Construction, has been awarded a c.HK$4bn (c.£370m) construction contract for a large scale residential development, ‘Lohas Park Package 9’, by Wheelock and Company Limited.
Costain, the smart infrastructure solutions company, has been awarded a contract by Highways England to supply Motorway Incident Detection and Automated Signalling (MIDAS) technology systems to help improve road user safety.
Flatiron, one of the largest infrastructure contractors in North America, together with its joint venture partner, Blythe Development, has been awarded the contract to build three additional segments of the Winston-Salem Northern Beltway in Forsyth County, North Carolina.
Sika is continuing to expand its production capacity in West Africa with the opening of a concrete admixture factory in Senegal. The new plant is the first in the country and will be further expanded with the addition of a mortar production facility in due course. With a total of 19 national subsidiaries and 20 factories, Sika has a strong presence in Africa.