DGA Consulting, a subsidiary of a Pittsburgh-area company that opened a Tempe, Ariz., office in January, immediately booked a regional piece of business: a contract to handle the civil engineering work for a $350-million transmission project in northern New Mexico.
A new push to use energy independence to reduce Africa's poverty levels, sustain the continent’s economic growth and expand clean technologies is gaining momentum, with a number of new alternative energy projects under way in the region.
It’s not just bankers’ ballooning bonuses that can forewarn of an impending financial disaster. It now appears that periodic global cravings for ever-taller buildings might also be harbingers of economic doom. If new research from Hong Kong is to be believed, China’s frenetic high-rise boom, with India in its wake, could reflect a “misallocation of capital, which may result in an economic correction for two of Asia’s largest economies in the next five years.”Since launching its Skyscraper Index 13 years ago, Barclays Capital (BarCap) has revealed “an unhealthy correlation between construction of the next world’s tallest building and an impending
Related Links: Grand Egyptian Museum website The Case Against the Grand Egyptian Museum A joint venture of Orascom Construction Industries, Cairo, and BESIX Group, Belgium, defeated 39 other bidders to clinch the $810-million turnkey contract for the construction of the final phase of what will be Egypt's biggest museum.The joint venture's scope includes construction of the Grand Egyptian Museum—which will house a conference center as well as the museum—an exhibition center, manager's residence and tunnels linking phase-one and phase-two construction to the main building. The 40-month contract also involves interior design and landscaping on a site that overlooks the legendary
The CH2M Hill Cos.-led team that was short-listed, but not chosen, for an estimated $2-billion contract to support U.S. Antarctica research has protested the National Science Foundation's selection process.
Amtrak's 2012 construction program has a heavy emphasis on the Northeast Corridor, with several new and continuing projects. In a move that could assist longer-range plans, the White House on Jan. 13 announced a pilot program to expedite environmental reviews for future high-speed-rail projects on the Washington, D.C.-to-Boston line.
Vermont had not yet decided by afternoon Jan. 20 whether to appeal a U.S. District Court ruling issued the previous day that Vermont cannot force Entergy to shut its Vermont Yankee nuclear plant in March.
Progress Energy will be encouraged to repair the multi-million dollar damage at its Crystal River nuclear unit 3 as soon as possible, and terminate its engineering, procurement and construction contract with Shaw and Westinghouse for a new nuclear plant under a global settlement reached by the Florida’s office of Public Counsel, Progress Energy and other parties on Jan. 20.
The controversial Keystone XL oil pipeline has suffered a major setback, with President Obama's Jan. 18 announcement that the State Dept. denied a permit for the $7-billion project.
RSS
