Infrastructure

Putin, Erdogan Supports Gas Pipeline

The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.


General Electric Eyes on Investing $150 Million in Nigeria

U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017..

Greene Touch Empowers Google Dealing With Home Depot

Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as i..

China’s State Backed CRR Corp. Unit Bags $1.3 Billion Chicago Rail Car Contract

Chicago Transport Authority has planned to replace 2,600 age old rail cars with 846 units of 7000-Series cars. CTA has awarded the $1.3 billion deal, the largest purchase in its history to a unit of C..


Latest News

Africa's richest man to invest $9 billion on Nigerian oil refinery
Aliko Dangote, Africa's richest man with about $22 billion net worth, is set to spend $9 billion to build the largest privately-owned oil refinery in Nigeria.
New Zealand's Old Ghost Road cycle trail receives $800k funding for completion
The Old Ghost Road cycle trail, which is developed by Mokihinui-Lyell Backcountry Trust, received $800,000 from the Department of Conservation of New Zealand to complete the project.
Invepar wins rights to upgrade, operate Brasilia-Rio de Janeiro highway, to invest $3.2 billion
Infrastructure group Invepar SA has won the rights to operate a 937-kilometer stretch of Brazil's BR-040 highway, connecting Brasilia to Rio de Janeiro. Invepar is expected to invest $3.2 billion in B
Fortress Investment Group plans to secure $1.9B for Japan's first infrastructure fund-sources
US-based Fortress Investment Group intends to raise $1.9 billion to form the first infrastructure fund in Japan called Fortress Japan Income Fund, sources told Reuters.
Chinese philanthropist Chen to invest in Taiwan's green energy industry in 2014
High-profile Chinese multimillionaire Chen Guangbiao said he plans to invest in the green energy industry of Taiwan next year, and to tap into the country's solar energy market.
KKR to invest C$250M in Torq Energy Logistics
Torq Energy Logistics, an affiliate of privately held Torq Transloading Inc, said on Tuesday that private equity firm KKR & Co has agreed to invest C$250 million ($236 million) to fund Torq's capital
Indonesia opens airports, power to more foreign investment
Indonesia announced on Tuesday it will allow increased levels of foreign investment in the country's airports, power plants, toll roads, and pharmaceutical industries as part of government efforts to
Dubai's Coal & Oil Group gets $250M to finish Independent Power Plant in India
Coal & Oil Group based in Dubai said it has secured $250 million for the completion of its 1,200 megawatt power plant called the Mutiara Thermal Power Plant in Tamil Nadu, India.
Japan's Showa Shell subsidiary to invest ¥13 B in solar panel plant
Solar Frontier, a wholly owned subsidiary of Japanese petroleum company Showa Shell Sekiyu, will be investing ¥13 billion ($125 million) to construct a solar panel plant in Japan's Miyagi prefecture.
Russia to invest €5B in Serbia's energy sector
Russia is prepared to invest more than €5 billion in Serbia to back projects centered in the energy and production sectors including lubricant refining, and plant reconstruction projects.
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