News - Articles - Page 584 | Engineering News-Record

Energy Projects Receive Boost From China During Trump's Asia Trip

November 15, 2017

Two big energy deals account for more than half the $250 billion in trade agreements with China that President Trump announced during his trip to Asia in early November: in West Virginia, $83.7 billion in shale-gas development and chemical manufacturing and, in Alaska, $43 billion to develop a pipeline and facility to export liquefied natural gas to China.

Questions Linger as Canada’s Infrastructure Bank Readies

November 15, 2017

No Comments

Industry is unclear how changes in the government's public-private project finance stance will unfold

Projects

In a Surprise Move, Nepal Cancels $2.5-Bil. Hydro Project With Chinese Contractor

Budhi Gandaki dam would have been biggest infrastructure project in the Himalayas

Saibal Dasgupta

November 14, 2017

No Comments

With a nod to climate change and the attendant risk, the World Bank is urging a cautious approach "with utmost humility."

Companies

Sale of Toronto Contractor Aecon to China-Owned Firm May Be Tricky

Scott Van Voorhis

November 11, 2017

No Comments

Canada government will review the proposed $1.2 B deal as it seeks new Chinese trade ties and amid NAFTA talks

Workplace

Hong Kong Construction Worker Wage Climbs for 9th Consecutive Year

But stalled projects mean fewer work days per month

Saibal Dasgupta

November 10, 2017

No Comments

Last year, construction workers were on the job 20-22 days per month. The total this year has dropped to 13-15 days, and legal fights augur further slowdowns.

Nuclear Power

Dredging Artificial Islands, China Pushes Nuclear Program and Territorial Claims

Floating reactors are an essential part of President Xi Jinping’s political goal of expanding maritime presence

Saibal Dasgupta

November 9, 2017

No Comments

Experts warn that floating reactors can intensify the process of militarization of disputed waters, and be very difficult to monitor.

Infrastructure

Supporting Japanese Infrastructure Plan, US Counters China's Belt and Road Initiative

The U.S. hopes supporting Japan will benefit American construction companies and product supply chains

Saibal Dasgupta

November 7, 2017

No Comments

Amid President Donald Trump’s 12-day Asian swing, OPIC ratified an agreement with two Japanese financiers to jointly develop infrastructure projects.

Water and Power

Nigeria Names Chinese Contractor To Build Long-Delayed Power Project

Nigeria has awarded Chinese contractor China Civil Engineering Construction a $5.8-billion contract to construct a 3,050-MW hydroelectric power plant at the Donga River in Tafara State.

Shem Oirere

November 7, 2017

No Comments

The project has been on and off for more than 35 years as previous contracts fell through due to claims of high-level corruption and lack of political goodwill from top government leaders.

International Trade

US Sets Stiff Tariffs on Canadian Lumber Imports

Tom Ichniowski

November 3, 2017

No Comments

Top Canadian officials pledge to defend their industry and threaten litigation under multilateral trade pacts.

Dodge Construction Outlook Predicts Rising Starts in 2018

Alisa Zevin

November 3, 2017

No Comments

At Nov. 2 event, Dodge chief economist Robert Murray noted a 3% bump for 2018, down from 4% this year. He cited a "mature stage" of construction expansion.