7
september 2014
international
construction
WORLDNEWS
2014
Bauma China
November 25 - 28, 2014
Shanghai, China
bC India
December 15 - 18, 2014
Delhi, India
2015
World of Concrete
February 3 - 6, 2015
(Seminars: February 2 - 6)
Las Vegas, US
World of Asphalt
March 17 - 19, 2015
Baltimore, US
Intermat
April 20 - 25, 2015
Paris, France
Plantworx
June 2 - 4, 2015
Bruntingthorpe, UK
Bauma ConExpoAfrica
September 15 - 18, 2015
Johannesburg, SouthAfrica
BICES
September 22 - 25, 2015
Beijing, China
ConExpo LatinAmerica
October 21-24, 2015
Santiago, Chile
Excon 2015
December 2 - 6, 2015
Bangalore, India
2016
Bauma
April 11–17, 2016
Munich Trade Fair Centre
Munich, Germany
EXHIBITIONDIARY
INDIA
SamsungC&T haswon the
US$ 678million contract from
developer Reliance Industries
Limited (RIL) for the construction of
theDhirubhai Ambani International
Convention and ExhibitionCentre
(DAICEC) inMumbai, India.
DAICECwill be amixed use
development locatedwithin the
BandraKurlaComplex (BKC), a
commercial zone in the suburbs
ofMumbai. Covering 75,000m
2
of
landwith 788,340m
2
of useable
floor space, DAICECwill house a
convention and exhibition centre,
auditorium, cultural plaza, serviced
apartments and an office block.
Construction is expected to be
completed by 2017.
BRAZIL
Norberto
Odebrecht
Norberto Odebrecht, the founder
of the construction company that
bears his name has died at the
age of 93. Construtora Norberto
Odebrecht is theworld’s 30
th
largest
contractor and the biggest in Latin
America.
Born in 1920, Mr Odebrecht
founded his construction company
inSalvador, inBrazil’sBahia state in
1944. Early work included several
projects linked to the city’s port and
shipyards. By 1973 the company
had anational presence, and started
to internationalise towards the end
of that decade. Today the company
has a presence in 23 countries and
employs some 200,000 people.
MrOdebrecht handedday-to-day
running of the business to his son
Emílio in 1991, but remained as
chairman. He stepped down from
the business all together in 1998.
This saw Emílio Odebrecht, take
over as chairman of Odebrecht,
a position he holds to this day.
Marcello Odebrecht, a grandson
of NorbertoOdebrecht was named
president andCEO of the group in
2008.
INDIA
PPPs for rail
Indian Minister of Railways
Sadananda Gowda has said the
country will look to private
investment to build the nation’s
high-speed rail network.
Speaking intheIndianParliament,
Mr Gowda said, “It is our target
that the bulk of our future projects
will be financed through the PPP
[public private partnership] mode,
including the high-speed rail which
requires huge investment.”
According to Mr Gowda,
operating India’s railway network
consumed 94% of the INR
139,558 crore (US$ 23.6 billion)
it took as revenues last year. He
said this meant Indian Railways,
“Hardly has adequate resources for
its development works.”
He added that Indian Railways
would be seeking both domestic
and foreign investors to finance
development and that he was
seeking cabinet approval to allow
foreign direct investment (FDI) in
the sector.
The government’s plans for
India’s high-speed rail network
involve building the “Diamond
Quadrilateral”,mirroring the5,850
km Golden Quadrilateral road
building project of the 1990s and
2000s that linked Delhi, Mumbai,
Chennai andKolkata.
It has identified nine individual
projectswithin thismaster plan and
says it will start with the 525 km
Mumbai to Ahmedabad section in
Western India, which has been the
subject of several studies.
NICARAGUA
Canal route
The
Nicaraguan
government
and concessionaire Hong Kong
Nicaragua Canal Development
Investment Co. (HKND) have
released details of the route for
the proposed Atlantic-Pacific canal
across the country. Conceived as
a rival to the Panama Canal, the
scheme was announced in June last
year following a controversial vote
inCongress.
The canal will start at the port
of Brito on the Pacific coast, and
pass through Lake Nicaragua
before following close to the Tula
and Punta Gorda rivers to enter
the Caribbean Sea at the port of
Bluefields Bay.
The total length of the route will
be278km, 105kmofwhichwill be
in Lake Nicaragua. The excavated
channel will vary between 230 m
and 520 mwide and will be 30 m
deep.
The construction budget has
not been finalised, but is put at
some US$ 40 billion. It will be
Chinese concessionaire HKND’s
responsibility to raise these funds,
and it will have the right to operate
the canal for 50 years.
Construction is due to start at the
end of this year and take five years
to complete.
There are six sub-projects
within the overall scheme – the
construction of the channel itself,
two deep water ports, a free-trade
area and an airport in the city
of Rivas and associated tourist
development projects.
