14 November 2023
14 November 2023
The projects will see construction of a new STEM building and the renovation of the Mercy Health Lourdes Hospital Tower.
Bear Construction will carry out construction of the project as its general contractor.
The warehouse will be built in conjunction with another plant in Kettering.
Residents at the community will have access to city landmarks such as the River Thames and Canary Wharf.
The draft of the plan currently comprises five key areas for review.
The terminal's upgrades are expected to cost $77m in their entirety.
The development's contractor has finished building the bridges' foundations and columns.
Works will encompass alterations on roughly 250m² of the 6,400m² total construction area.
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Per GlobalData, between 2024 and 2027, the Saudi Arabian construction industry is projected to register an AAGR of 5% in real terms, supported by investments in various sectors such as data centers, logistics zones, renewable energy, housing, and tourism projects as part of the Kingdom’s ‘Vision 2030’ economic diversification plan. Construction activity in the energy and utilities sector is estimated to grow at an AAGR of 5.6%, supported by the government’s aim to increase the renewable energy capacity and achieving zero net carbon emissions by 2060.
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