A joint venture comprising of Al Habtoor Leighton (40%), Murray & Roberts (40%) and Takenaka (20%) has withdrawn from a $2 billion project in Dubai.
The Al Habtoor – Murray & Roberts – Takenaka Joint Venture (HMRT) and the Dubai Department of Civil Aviation (DCA) have mutually agreed that the Joint Venture will pull out of [...]

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The Housing Industry Association PCI fell just over 4 points in November to finish on 32 points. This is the second worse monthly fall since the survay started in September 2005 and the ninth month in a row below the key 50 points level. It has almost reached the record low of 31.8 in September.
Engineering and [...]

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Norfolk, along with Laing O’Rourke, Connell Wagner and its subsidiary O’Donnell Griffin have signed a $1 billion contract with Railcorp on the Railcorp Program Alliance (RPA) project. This project will include the delivery track work, along with electrical projects from December 2008. The project will go for 5 years with a possible 5 year extension. [...]

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The controversial runway safety upgrade at Sydney Airport will commence this week despite pilots’ groups saying the plan is inadequate and needs a larger safety zone.
The $65 million upgrade will extend the airport’s east-west runway safety area at the Cooks River end, allowing more room for over-running aircraft.
Airport chief executive officer Russell Balding said [...]

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Fair Trading Minister Linda Burney has reported an overwhelming number of firms have shown interest in purchasing the collapsed NSW builder Beechwood Homes.
Beechwood left about 300 families with unfinished homes and many subcontractors out of work when they moved into voluntary administration last month.
Linda Burney says the receiver, Deloitte, had given an assurance it was [...]

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