Hopewell's troubles spring eternal

Article Abstract:

Infrastructure concern Hopewell Holdings has seen the Indonesian government threaten to drop the $2 billion contract held by Consolidated Electric Power Asia, its subsidiary, for the Tanjung Jati power project if completion does not take place according to plan. Consolidated Electric is under contract to construct two 660 MW units, which were planned to begin generating power by 1998. However, the project is now running behind schedule.

Heavy construction, not elsewhere classified, Manufacturing and Industrial Building Construction, Electric Generating Plant Constr, Foreign operations, Indonesia, Electric power-plants, Electric power plants, Electric power plant construction, Hopewell Holdings Ltd., Consolidated Electric Power Asia

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Scotland awards first DBFO scheme

Article Abstract:

Autolink will have to raise 230 million pounds sterling towards the cost of transforming 30 km of the A74 in Scotland into a motorway-standard road and completing the M6 border link. This will be the first design, build, finance and operate DBFO road project in Scotland, with completion due before the year 2000. Autolink, which is made up of Amey, Sir Robert McAlpine, Barr and Taylor Woodrow, has already won one other DBFO contract.

Highways & Streets Constructn, Highway and Street Construction, Construction industry, Road construction, Scotland, Design and construction, Transportation, Roads, Autolink

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