A joint venture of two Spanish contractors, Obrascon Huarte Lain S.A. (OHL) and Dimetronic S.A., emerged May 17 as the low bidder for the Marmaray suburban rail upgrade project in Istanbul with a $1.5-billion bid. Related Links: Byzantine Port, Botched Buildings Put A Brake On Bosporus Link Japanese Team Goes Deep To Link Istanbul's Two Parts The project to upgrade the city’s 140-year-old suburban train lines will create an uninterrupted high-capacity commuter rail system of 76.3 kilometers between the suburbs of Gebze on the Asian side and Halkalı on the European side. It will include a line running through an
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.