The second phase of construction for the Al Mazunah Free Zone in Oman is roughly 88% complete. Additional phases of the project will include construction of the $7.79 million Facility Building and construction of a security fence.
Two firms have been hired to manage the potential sale of Arabtec Holding subsidiaries Target Engineering Construction and Arabtec Engineering Services. Arabtec Holding has filed an official application for liquidation that also affects other subsidiaries, including Arabtec Construction, Austrian Arabian Readymix Concrete and Arabtec Precast.
The Strategic Development Council provides a forum for the concrete industry where professionals from member organizations convene at the senior level to discuss strategic issues, research needs and new technology and innovations. The forum offers a crucial avenue for those who participate to prioritize industry needs, discuss strategic issues, and support research.
Infrastic was named first runner-up for the 2020 Audi Innovation Award. The company's concrete block system incorporates plastic pigments, styrofoam waste particles and stone waste infused with sand and gravel.
Commissioners in Grand County, Utah, have added their voices to a plea by San Juan County, Utah, and the Utah Navajo Commission, asking President-elect Joe Biden to reinstate the original borders of Bears Ears National Monument, which President Donald Trump reduced in size in 2017. Two towns in San Juan County -- Blanding and Monticello -- have issued a joint resolution against a reinstatement.
Proposed legislation in Texas would set annual fees for hybrid and electric vehicles to offset the decline in gas taxes brought on by more efficient vehicles. The fees would go into the state transportation budget and could fund infrastructure improvements and transit programs.
Over 85% of all industrial real estate leasing activity in 2020 was in the logistics sector, and total leases for the year set a record of 659 million square feet, according to Cushman & Wakefield. The real estate services company said tight space availability led to rising rents, with an average rent increase of 5.6% for warehouse and distribution properties.
President-elect Joe Biden has proposed a $1.9 trillion coronavirus relief plan that is geared mostly toward immediate work on vaccine distribution and individual financial relief but includes funds for local governments, transit systems and school construction. Biden intends to follow up with a second plan in February that likely will include a greater focus on infrastructure.
Louisiana officials are weighing a proposed Interstate 10 interchange in Ascension Parish as they negotiate with the owner of land key to the project. A 2015 study put a $35 million price tag on the interchange, but it could cost more.
A project to build a lengthy causeway and a deepwater basin at the port in Nome, Alaska, has advanced with congressional approval. The Arctic Deep Draft project, estimated at $505.23 million, is entering the design phase as it seeks funding.
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