Gensler, Mott MacDonald and DMAA are contributing planning, design and engineering services for the first 2.4 km of the planned 170-km-long urban megaproject in Saudi Arabia.
Construction-in-progress spending climbs higher, with Top 25 firms accounting for 60%, as economists predict a megaproject boom will compound resource challenges.
The groundbreaking of three megaprojects in the Empire State in 2022 has given a big boost to the value of new construction contracts in the New York and New Jersey region—especially when compared with totals during the COVID-19 pandemic lockdown years.
Critics from industry and academia are raising questions about a study from the University of Oxford's Saïd Business School about the true cost of large hydropower dams.
Brendan Bechtel, soon to be chief executive of the engineering and construction company that bears his family’s name, sounded an alarm about the industry’s performance on megaprojects with words as plainly spoken as any you will hear at a conference.