Several top architectural firms continue to see improving industry market conditions, enjoying large revenue gains last year and forecasting continued strength in the near future.
The contract involves the construction, with financing from Italy’s credit agency Servizi Assicuative de Commerce Estero, of the 2,200-MW Koysha Dam on the Omo River in the southern part of the country.
Clients are no longer requesting, but demanding, a broader array of services as fewer owners have the capacity to manage construction programs from the earliest stages of planning to the operation of the completed facilities.
The June 8 award to Jacobs Engineering of an engineer-procure-construct contract for the $5.3-billion next phase of the giant Oyo Togoi underground copper-and-gold mine in Mongolia gave industry-sector investors and analysts some hope that the sluggish mining sector might be rallying.