Chinese construction giant China Civil Engineering Construction Corp. has won its second major tunneling project in Israel, teaming with an Israeli firm on a $170-million design-build rail-line tunnel contract. The team beat several other joint ventures of overseas firms and Israeli partners.CCECC and Danya Cebus Ltd., Tel Aviv, are digging two parallel, 4.85-kilometer-long tunnels underneath Mount Gilon for the 23-km line that will connect the cities of Carmiel and Acre in northern Israel. The estimated $800-million project is set for completion by the end of 2014, with operation expected a year later. The project includes two new train stations, construction
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.