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CapitaLand to build new residential development in Vietnam

CapitaLand has acquired a new 1.45-ha site in Ho Chi Minh City, Vietnam, which will be developed into an 870-unit residential development with a retail component at a total value of US$177 million.

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Malaysia’s MRT Corp taps the power of Microsoft Azure

Malaysia’s Mass Rapid Transit Corporation is believed to be one of the first in Asia that has leveraged cloud-based collaboration on a common data environment, for its 51-km Klang Valley Mass Rapid Transit (KVMRT) system’s Sungai Buloh–Serdang–Putrajaya (SSP) line.

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Aurecon appoints John McGuire as new global MD

Embracing the benefits that digitisation and automation can bring, Aurecon has appointed John McGuire as global managing director to lead its built environment team worldwide. Also, global director of excellence and expertise Dr Kourosh Kayvani will now have full responsibility for innovation across the company.

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Asian market helps boost sales for Volvo CE

Market share gains and strong recoveries in Asia and Russia help to boost sales for Volvo Construction Equipment in the third quarter of 2017. This saw sales up 34 percent, order intake up 45 percent and delivers up 48 percent in the period.

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Euro Auctions to hold first ‘timed auction’ on 7 December

Euro Auctions will organise its first ever ‘timed auction’ - via its new Hong Kong operation - on Thursday 7 December 2017. Here, items will be sold online without the need for an auctioneer.

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LTA awards final construction contract for Singapore CCL 6

Singapore’s Land Transport Authority has awarded the final civil contract for Circle Line 6 for the construction of Cantonment Station to China State Construction Engineering Corporation Limited (Singapore Branch), at a contract sum of S$205 million.

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Rectangular TBM used for TEL project to increase productivity

As part of the works for Singapore’s Thomson-East Coast Line, LTA embarked on a pilot project to construct pedestrian underpasses with a rectangular tunnel boring machine at the Havelock and Stevens stations, in order to boost productivity.

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Louvre Abu Dhabi opens its doors

The much-anticipated Louvre Abu Dhabi is set to open to the public on 11 November. Its complex engineering concept has made it one of the most innovative and challenging museum projects built in recent times.

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Herbert Ortner to leave Palfinger CEO role

Herbert Ortner, CEO of Palfinger AG, has announced his resignation and will end his term at the end of the year (31 December 2017).

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Hoiana set to transform central Vietnam

Hoiana is set to be Vietnam’s first world-class integrated resort, located to the south of the historic town of Hoi An in Quang Nam province. The first phase of the development is scheduled to open in 2019.