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

Statoil invests in Azerbaijan gas field, sells project stake
Norway-based oil company Statoil ASA (STO) said on Tuesday it has decided to invest in the Shah Deniz gas field development in Azerbaijan, together with its consortium partners.
General Motors invests $600M in Flint plant
As part of a $1.3-billion investment in five US plants, General Motors (GM) is pouring in $600 million in its oldest assembly plant in Flint, Michigan, to set up a state-of-the-art paint facility and
General Motors to spend $1.3 billion in developments of five plants in the US
General Motors Co announced its plans on Monday to invest about $1.3 billion in its five plants across the US to improve its output and create a new transmission, according to a Reuters report.
US Infrastructure gets near-failing grade by civil engineers group
In its latest assessment for the infrastructure in the US, the American Society of Civil Engineers' (ASCE) assessment had given the nation's roads, bridges, rail, drinking water, waste water, solid wa
BP inks $16 billion tight gas project deal in Oman
Reuters said in its report that Britain's BP PLC has closed a $16 billion deal to develop Oman's Khazzan tight gas project. Construction of the tight gas project is expected to begin next year, while
Shangri-La to invest $115M to build new hotel in Myanmar
Hong Kong-based luxury hotel group Shangri-La International Hotel Management has announced that it will invest $115 million for the construction of a new 350-room hotel in Yangon, Myanmar.
India's NSL Power to invest $45 million for Maharashtra wind farms
India-based power firm NSL Renewable Power Private Limited (NSL Power) is said to have plans to pour in $45 million to build new wind farms in Maharashtra through a special purpose vehicle called Jath
2014 Outlook for Australian infrastructure sector stable - study
Moody's says the outlook for the Australian infrastructure sector is stable, underpinned by a resilient economy.
Dangote pushes for $16B investment in cement, agriculture, industrials
Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries ov
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday, including Fortum, National Vision, Saipem, CTT, MTS, Southern Pacific, Warrnambool, Verbund, Bakkafrost, Popular and
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