All Asia Articles

“Best” financial year in Caterpillar’s history
Despite sales falling in fourth quarter for construction segment, 2023 a record year for giant OEM 
Chinese cement producers sign international agreement to work on developing low-carbon cement
A Chinese body representing more than 50% of the world’s cement production has signed an international agreement to collaborate on sustainability and the development of low-carbon cement.
Industry resources are scarce, embracing circularity will help
Industrial businesses globally are reporting en masse that resource scarcity has been an issue to operations.
News roundup: 5 of the biggest stories of the week
Summary of five of the week’s biggest news stories on Construction Briefing 
The Blue Circle and Royal Group to develop ‘first wind project’ in Cambodia
The project will involve the development, financing, building, owning and operating of the wind farm
Construction of major Russia-China gas pipeline delayed
Construction of a major new gas pipeline running between Russia and China has been delayed as the two countries hammer out a deal on the proposal.
Hong Kong court orders liquidation of Evergrande, China’s biggest developer
A court in Hong Kong has ordered the liquidation of China Evergrande Group, China’s biggest developer.
Sales up in 2023 for Volvo CE but ‘weaker market’ ahead
Sales in two key markets saw OEM post increase in machines sales in 2023 compared to 2022 
China State Construction to build pre-cast concrete helipad in Antarctica
China State Construction (CSCEC) is set to build a new helipad at a Chinese research station on the coast of the Ross Sea in Antarctica.
Two contractors win U$S3.3bn worth of work with Saudi Aramco
A joint venture between Spanish contractor Técnicas Reunidas and Chinese firm Sinopec have won two contracts with Saudi oil and gas company Saudi Aramco for more than US$3.3 billion.
Another new resort announced for Saudi Arabia’s US$500bn Neom project
The directors of Neom in the northwest of Saudi Arabia have unveiled plans for another coastal resort in the special economic zone.
Are western nuclear construction ambitions out of step with reality?
The UK’s Hinkley Point C nuclear power plant could well end up being the most expensive ever built.
Snake-like robot to be deployed at wrecked Fukushima power plant
Japan’s Tepco to survey Fukushima Daiichi with robot and drones for decommissioning
Design for Saudi Arabia’s World Cup stadium in Qiddiya City revealed
Architecture firm Populous has unveiled designs for an ambitious new stadium in Saudi Arabia’s Qiddiya City that is one of the proposed venues for the Kingdom’s 2034 World Cup bid.
China’s biggest construction company grew new contracts by 10.6% in 2023
China State Construction (CSCEC) grew the value of its new construction contracts by 10.6% in 2023, as compared to the year before.
India PM recognises 3 new port infrastructure projects
PM Modi was in Kerala, India, to dedicate the opening of three new port infrastructure projects.
Webuild in US$4.7bn deal to build three dams for Neom’s Trojena
Italian contractor Webuild has won a US$4.7 billion deal to build three dams to form a freshwater lake for a ski resort in the Neom special economic zone of Saudi Arabia.
Will 2024 be boom or bust for global airport construction activities?
Detroit, US, project kicks-off speculative year for global airport construction
Conflict in Red Sea inflating shipping rates
ABC’s monthly report on US construction input prices says attacks nears Yemen could add upward pressure
Saudi Arabia exploring building carbon-negative concrete facility
Operating at full capacity, the planned facility has the potential to generate 1.3 million carbon credits annually
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