Infrastructure

The majority of UGL's directors are recommending the engineering group's shareholders accept Spanish-controlled construction giant CIMIC Group's $524 million takeover bid.

The state government is putting the finishing touches on the business case for a second floating dock at the Australian Marine Complex at Henderson, which it plans to pitch to the federal government to cement the complex’s place as one of the nation’s two shipbuilding hubs.

A joint venture comprising Henderson-based contractor Civmec and international engineering firm Black & Veatch has been selected as preferred proponent for a $196 million wastewater project south of Perth.

The joint venture that has today started construction of the state government’s $1.96 billion Forrestfield-Airport Rail Link project has also submitted a proposal for the third stage of the NorthLink WA road project.

A protest group has been ordered to pay the legal costs of its Supreme Court action against the contentious Roe 8 highway extension project.

An ambitious waste recycling project using technology developed by ASX-listed AnaeCo and jointly built by contactor Monadelphous Group has gone into administration.

Aspiring lithium miner Pilbara Minerals has agreed to purchase Roy Hill Holdings’ dormant 300-person camp facility for use at its Pilgangoora project for an undisclosed sum.

Diversified investment and development company CFC Group has combined its mining services and infrastructure businesses to form a single subsidiary, in response to the tough mining environment.

Engineering firm Civmec says it has won another load of contracts for major projects in the east coast, worth a combined $30 million.

Debt-laden steelmaker Arrium should be sold off to the highest bidder, its creditors have been told.

Local waste management company Tox Free Solutions has entered into an agreement to buy medical waste solutions business Daniels in a cash, scrip and debt deal worth $186 million.

WBHO Group’s local arm has won a $7.4 million contract to provide upgrade works to two intersections along Marmion Avenue.

Southern Cross Electrical Engineering shares lost nearly a quarter of their value today after the company warned of a $2 million loss for the six months to December.

Adolfo Valderas has taken over as the new chief executive of CIMIC Group, which is on track to deliver a full-year net profit of at least $520 million.

There’s a lot that can be learned from other people’s mistakes, or in the case of electricity and transport systems, from the mistakes made in another state.

SPECIAL REPORT: The national broadband network is throwing up unexpected competitive challenges for players in the communications sector.

Local engineering firm Monadelphous Group has won a $58 million contract to build an irrigation pipeline in New Zealand.

Global Construction Services will pocket $17.5 million when it completes the sale of its stake in Melbourne-based SmartScaff.

Diversified contractor Brierty will build car parks and access roads at the new Perth Stadium under an $8.1 million deal.

Telstra has defended the quality of its network after a series of major disruptions this year while also warning against the possible regulation of mobile roaming charges.

Work will start on the controversial $540 million Roe 8 highway extension project before the next state election, with a consortium led by CIMIC Group to be awarded a contract for the project in the coming days.

AMP Capital has bought the newly built Eastern Goldfields regional prison, joining the likes of Catholic Super, Australian Super and Aberdeen Asset Management as private owners of public infrastructure assets in Western Australia. Click through to see the BNiQ listing of public assets in private hands.

Spanish-controlled construction giant CIMIC Group has launched a $524 million takeover bid for its ASX-listed rival UGL.

Changes to freeway merging lanes have provided a welcome boost to Perth drivers, with the recent changes improving traffic flow and cutting journey times.

Perth-based surveying and construction contractor OTOC has raised $12 million from investors to fund its future growth plans.

The Western Australian arm of WHBO Group has won a contract to carry out upgrades across a large section of the Great Eastern Highway, in a project worth a total of $36 million.

The collapse of a ceiling section at Perth's Children's Hospital has been blamed by the construction union on builders John Holland doing a "rush job" on remediation work after asbestos was found in roof panels in July.

Victoria’s Labor government has reaped a bumper price of $9.7 billion from the sale of the Port of Melbourne, suggesting the WA government could potentially raise in excess of $2 billion from the sale of Fremantle Ports.

Mineral Resources is a step closer to developing its bulk ore transport system (BOTS) in the Pilbara after the project was recommended for approval by the environmental watchdog.

Hong Kong-based Brockman Mining has continued its run of legal victories in its efforts to gain access to Fortescue Metals Group’s rail infrastructure.

The WACA has started construction of a full set of drop-in wickets to be used at the new Perth Stadium, with hopes one of them will feature during the 2017-18 Ashes series.

Shares in civil and construction contractor Brierty tumbled after the company revealed a $50.4 million net loss.