“China’s central government will add 100 billion yuan ($14.51 billion) to key projects in the fourth quarter of this year, of which 28 billion yuan are allocated for railways, roads and airport infrastructure, said www.CRI.cn Wednesday”
[SOURCE: China Daily – 8b yuan more for transport infrastructure construction].
“Singapore construction firm Koh Brothers said on Tuesday it won a S$582 million ($380.1 million) contract to build an underground metro station.”
SOURCE: Reuters – Singapore’s Koh Brothers wins $381 mln contract
Workers finish construction yesterday on the concrete support structure for the Shanghai 2010 World Expo’s China Pavilion.
IMAGE CREDIT & SOURCE: Shanghai Daily
Three months after opening the world’s second-tallest skyscraper, Shanghai is about to start construction of an even taller building – in the face of an economic slowdown and falling property prices.
Construction on the 632-meter Shanghai Tower, expected to cost 14.8 billion yuan (US$2.17 billion), will begin in Pudong’s Lujiazui financial district tomorrow, developers said yesterday.
[SOURCE: Shanghai Daily – Defying the downturn, city builds even higher]