6/16/2015 Global Construction & Infrastructure News – Discussions or Funding of Future Projects
| 6/16/2015 Across the USA – New Residential Construction in May 2015 – Building Permits, Privately-owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,275,000. This is 11.8 percent (±1.8%) above the revised April rate of 1,140,000 and is 25.4 percent (±2.1%) above the May 2014 estimate of 1,017,000 – US Government: Read Details |
| 6/16/2015 Caribbean Islands, Jamaica – Funding for Scheduled Investments in New Power Plants & SME – Small & Medium Enterprise Financing – The Executive Board of the International Monetary Fund (IMF) today completed the eighth review of Jamaica’s economic performance under a program supported by a four-year Extended Fund Facility (EFF) of SDR 615.38 million (about US$932.3 million at the time of approval)1. The completion of the review enables the disbursement of SDR 28.32 million (about US$39.8 million) – IMF: Read Details |
| 6/16/2015 China to Africa – Africa to Become World’s Manufacturing Hub Through Industrial Cooperation With China: AfDB Chief – The chief of the African Development Bank (AfDB) Donald Kaberuka says time has come for Africa to become the world’s manufacturing hub and this can be done through industrial cooperation with China as the Asian giant phrases out labor-intensive industries – All Africa: Read Details |
| 6/16/2015 China to Europe – China plans multi-billion dollar investment in European infrastructure – China will pledge to invest billions of dollars into the European Fund for Strategic Investment (EFSI) at the 10th EU-China business summit in Brussels on 29 June, Reuters said – Out-Law: Read More |
| 6/16/2015 European Countries – Broadband Network Infrastructure Funding – Dutch finance minister Jeroen Dijsselbloem said he’s satisfied with the preliminary agreement among EU countries and the European Parliament over the European Fund for Strategic Investment (EFSI), also known as the Juncker fund after the European Commission president who first proposed it, will provide EUR 8 billion in guarantees for private investments in key infrastructure such as broadband networks – Telecom Paper: Read More |
| 6/16/2015 Europe, Ireland, Waterford – Pharmaceutical Component Manufacturing Facility to Start Construction – West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative packaging components and drug delivery systems, hosted a groundbreaking ceremony in Waterford, Ireland today to mark the start of construction for the company’s new pharmaceutical component manufacturing facility. The 95,000 square foot (approximately 8,800 square meter) facility will be situated at a 44-acre site at Knockhouse on Old Kilmeaden Road in Waterford – PR Newswire: Read Details |
| 6/16/2015 Europe, Romania – Global Trade Financing – The International Finance Corporation (IFC), a member of the World Bank Group, has extended a USD 30 million credit trade line to Alpha Bank Romania under its Global Trade Finance Program (GTFP) – Romania-Insider: Read More |
| 6/16/2015 Europe, United Kingdom – The Conference Board Leading Economic Index® (LEI) for the U.K. Increased – The Conference Board Leading Economic Index® (LEI) for the U.K. increased 0.4 percent, and The Conference Board Coincident Economic Index® (CEI) increased 0.2 percent in April – The Conference Board: Read Details |
| 6/16/2015 Latin America, Peru, Chala – Ore Processing Facility Construction Update – Dynacor Gold Mines Inc. is pleased to report that construction of its new ore processing facility (102,000 t/y) located in Chala in Southern Peru is now underway. Furthermore, the Board of Directors recently approved a revised total budget of 12.8 million US dollars of which 2.4 million US has already been invested. There are at present six (6) different contractors working on site. Dynacor has contracted a specialized engineering firm (PREVCONSULT) that will coordinate and supervise the entire construction process – Market Watch: Read Details |
| 6/16/2015 Middle East, UAE, Abu Dhabi – Bank Generator Contract – Cummins Middle East has landed a contract for a pair of generator sets to provide standby power for the National Bank of Abu Dhabi. Mercury International Electromechanical will install the Cummins Power Generation C2500 D5A gensets at the bank’s Barajeel data center in Kizad. CH2 MHILL is the consultant on the project – Utilitie, ME: Read More |
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