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Yanmar acquires Terex Compact Germany

Japanese manufacturer Yanmar has completed its acquisition of Terex Compact Germany GmbH from Terex Corporation, at a cost of US$60 million. Both companies expect to significantly expand their sales and service networks in major overseas markets within Europe and North America.

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Singapore Construction Productivity Week 2016

This year’s Singapore Construction Productivity Week (SCPW), themed ‘Transforming the Way We Build through Innovation’, will be held from 18 to 21 October 2016. It is organised by the Building and Construction Authority (BCA), with Sphere Exhibits as the strategic partner.

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Faithful+Gould to deliver new IKEA store in Malaysia

Faithful+Gould has been awarded a project management consultancy contract to deliver a new IKEA store at Tebrau, Johor Bahru. Set to open by the end of 2017, this will be the first store in the southern region of Malaysia.

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Tengah: Singapore’s first car-free town centre

The masterplan for Singapore’s 24th HDB town, Tengah, aims to further raise the bar for public housing, with its fresh planning concepts, bold ideas and innovative designs. The new developments for Tengah will be rolled out progressively, with the first batch of flats to be launched in the Plantation District from 2018 onwards.

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Aurecon and Santiago Calatrava team up for new Dubai icon

The building’s striking design includes a distinctive net of steel cable stays, which attach to a central reinforced concrete column that will reach into the skies. At the top of the tower is an oval-shaped bud that will offer 360-degree views of the city and beyond.

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Singapore’s first fully automated underground bicycle parking

From early 2017, Singapore will have its first fully automated underground bicycle parking system. Located at Admiralty, this new underground system can store around 500 bicycles, hence saving land that would otherwise be used for at-grade bicycle parking.

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Intermat to launch ASEAN edition in 2017

The first Intermat ASEAN will take place in Bangkok, Thailand, from 8 to 10 June 2017 at the IMPACT Exhibition & Convention Centre. It takes over the Constech show, which is already organised by IMPACT Exhibition Management attracting more than 300 exhibitors and 5,000 visitors from across ASEAN countries.

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Surbana Jurong acquires SMEC

Surbana Jurong has acquired Australian engineering company SMEC Holdings, establishing a global consultancy group with deep combined expertise in urban and infrastructure sectors. The joint entity will have a combined revenue of S$1.1 billion, with a global workforce of almost 10,000 employees across 40 countries.

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Singapore and Malaysia sign MOU on High-Speed Rail Project

Singapore and Malaysia have signed the Memorandum of Understanding (MOU) on the Kuala Lumpur-Singapore High Speed Rail (HSR) Project. Both countries expect to work towards commencing HSR operations by around 2026.

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Thomson-East Coast Line (East Coast Stretch) breaks ground

Work has started on Singapore’s Thomson-East Coast Line (TEL) East Coast stretch, Downtown Line 3 Extension (DTL3e) and the East Coast Integrated Depot.