With its two airports nearing capacity, Istanbul is set to build a third. Turkey's transport minister, Binali Yildirim, recently announced that the airport project, estimated to cost $5.6 billion, will be tendered next month, with bids expected by December.
The contractor building the locks for the Panama Canal’s Third Lane Expansion has filed a claim against the Panama Canal Authority, asking to increase the price of the $3.18-billion contract by more than 18%.
Holes drilled at a 30-degree angle rather than vertically, plus inadequate decking, contributed to the Aug. 21 subway station project excavation blast that broke several store windows on the east side of Manhattan in New York City, according to preliminary investigation results.
Major European contractors have flocked to London for a piece of the 21-kilometer Crossrail tunnel project now advancing at more than 40 sites across the city.
Gridlock in Brazil’s urban centers is an onerous fact of daily life, and nowhere are traffic arteries more clogged than in Rio de Janeiro and São Paulo.
Eike Batista, the richest man in Brazil, is building a superport. It's part of his master plan to surpass Mexican telecommunications mogul Carlos Slim as the world's richest man.
Two and a half years after beginning work on a $300-million first phase to replace two 50-year-old freeway bridges across the Anacostia River, the District of Columbia Dept. of Transportation has authorized a $90.7-million add-on to the project.
The roundabout, a circular intersection in which traffic flows through from incoming streets in one direction around a central island, is booming in the U.S.—so much so that some engineering firms see it as a straight-up opportunity.
One of the four teams contending for the estimated $5-billion Tappan Zee Bridge replacement project in New York state chose not to submit a bid at the last moment, forfeiting a $2.5-million stipend paid for bid submissions.
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