Hyundai starts construction of US$300m Electric Vehicle Innovation Centre in Singapore

South Korean conglomerate Hyundai has commenced construction of a 28,000 sqm innovation centre in Singapore. The centre will house an electric vehicle factory as well research and development facilities for automotive technologies.  Singapore does a car manufacturing industry. Electronics innovator Dyson was previously planning to create an electric vehicle factory but pulled out of the

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Luxembourg infrastructure fund for Vietnam to deploy capital for road, port, industrial, and airport projects

Tecco Group and PHI Luxembourg Development SA, a subsidiary of PHI Group, have agreed to launch the first ever Luxembourg-based infrastructure fund for Vietnam. Besides supporting transport infrastructure, Tecco expects to use the PHILUX Infrastructure Fund for a number of port, industrial zone cluster, and airport projects. Tecco works primarily in the fields of construction

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Surbana Jurong acquires Prostruct Consulting (Singapore)

Surbana Jurong (SJ), the engineering consultancy head-quartered in Singapore, has made another acquisition. This time, they have purchased Prostruct Consulting. Prostruct offers security and blast-resistant products as well as consultancy and testing services to the urban infrastructure market in Singapore. SJ now includes the company to its buildings services portfolio as it adds extra capabilities

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Design chosen for National Railway Museum (UK)

London-based architecture practice Feilden Fowles has won the international design competition to create the new Central Hall building for the National Rail Museum in York, UK. Feilden Fowles’ team beat 75 other practices, with the jury praising the team’s design concept for its elegance, its ambitious energy strategy and its intriguing new visitor journeys. The

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Singapore geospatial 3D data made available to businesses.

Singapore businesses (such as real estate developers, construction companies, and logistics providers) now have access to the 3D Singapore Sandbox, launched by the SLA (Singapore Land Authority). The tool provides geospatial data comprising of over 160,000 3D-building models that will help businesses develop innovative urban planning solutions and services. Users can also make use of

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Reports claim WSP Global is progressing with discussions to buy Aecom

Canada’s WSP Global Inc. is moving ahead with talks to acquire rival engineering services firm Aecom, reports say. Shares of Aecom rose 7.7% to $51.33 at 10:14 a.m. in New York trading Wednesday, giving the company a market capitalization of about $8.1 billion. WSP Global shares fell less than 1% to C$88.48 in Toronto, valuing it at about C$9.4 billion ($7 billion). Bloomberg

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