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Industry News

Best Project, Railway/Traffic: North Extension of the COSAC Corridor, Naranjal Station to Av. Chimpu Eye

By Machinery AsiaDecember 14, 20240

North Extension of the COSAC Corridor, Naranjal Station to Av. Chimpu Eye Lima, Peru Best Project Sent by: OHLA Owner: Municipal Company for Strategic…

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Industry News

4Q Cost Report: Construction Starts See Small Growth in 2024

By Machinery AsiaDecember 14, 20240

Although the Federal Reserve finally began cutting interest rates in the second half of the year, overall construction growth was modest in 2024, according to the…

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Industry News

Merit Award, Residential/Hospitality: Secon Nile Towers

By Machinery AsiaDecember 14, 20240

Second towers of the Nile Giza, Egypt Merit Award Sent by: EHAF Consulting Engineers Owner: Saudi Egyptian Construction Co. (SECOND) Main design company: EHAF…

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Industry News

4Q Cost Report: Construction sector optimism rises after election

By Machinery AsiaDecember 14, 20240

Construction executives report an increase in industry confidence in the latest ENR Construction Industry Confidence Index survey. The index rose to 55 this quarter, up from…

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Industry News

Best Project, Road/Highway: Kicking Horse Canyon Phase 4

By Machinery AsiaDecember 14, 20240

Kicking Horse Canyon Phase 4 Golden, BC, Canada Best Project Sent by: Parsons Corp. Owner: Ministry of Transport and Infrastructure of British Columbia Leading…

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Industry News

Award of Merit, Road/Highway: Philip SW Goldson Highway and Remate Bypass Improvement Project

By Machinery AsiaDecember 14, 20240

The Philip SW Goldson Freeway and Remate Bypass Improvement Project Belize Merit Award Sent by: Polytechnic Engineering and Architecture SC Owner: Ministry of Infrastructure…

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Industry News

Q4 Cost Report: Building a Resilient Future: Adapting to Uncertainty in 2025

By Machinery AsiaDecember 14, 20240

Key trends from 2024 will persist into 2025: stabilization of material prices, labor shortages, growth in digital infrastructure and renewable energy construction, with an average escalation…

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Industry News

Best Project, Residential/Hospitality: Bulgari Ocean Mansions

By Machinery AsiaDecember 14, 20240

Bulgari Ocean Mansions Dubai, United Arab Emirates Best Project Sent by: Preacher and Natural Owner: Meraas Development LLC Civil, structural and MEP engineer: Preacher…

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Industry News

Award of Merit, Rail/Transit: Expansion of Line 2 of the Panama Metro – Tocumen Airport

By Machinery AsiaDecember 14, 20240

Panama Metro – Extension of line 2 of the Tocumen airport Panama City, Panama Merit Award Sent by: Consortium Line 2 Branch (OEC…

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Industry News

Merit Award, Power/Industrial: 650 MW Misurata simple cycle power plant

By Machinery AsiaDecember 14, 20240

650 MW Misurata simple cycle power plant Misurata, Libya Merit Award Sent by: ENKA İnşaat ve Sanayi A.Ş. Owner: General Electric Co. of…

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