Infrastructure

Four contractors have been invited to submit proposals for the design and build of the $50 million Wanneroo Road and Joondalup Drive interchange, which is set to begin construction mid-year.

Downer EDI has flagged a goodwill impairment charge of $77 million on its mining operations after failing to renew two material contracts and delays in securing alternative business.

Three building companies with strong indigenous links have been appointed to a panel that will handle at least $25 million of state government housing work in the Pilbara and Kimberley regions.

Belmont-based Pindan has been awarded a $23.4 million contract at Cape Naturaliste College, south of Busselton, while FIRM Constructions has won a $2.5 million government contract.

Mark McGowan will hope to bask in the warm afterglow of ongoing public approval of the new stadium at Burswood.

Engineering and construction group Valmec has secured new contracts in the gas and infrastructure sectors worth $7 million, including work for APA Group at its Yamarna gas pipeline facility.

Construction company Built Environs has failed in its attempt to claw back $14.5 million of performance bonds used by Perth Airport to cover liquidated damages associated with development of the new terminal buildings in 2015.

Southern Cross Electrical Engineering has been awarded a $20 million contract for work on the central section of the Northlink WA roads project, while Perth-based Tempo Australia has secured a series of contracts totalling more than $6 million.

Local contractor EC&M has announced it has been awarded a series of contracts with a combined value of approximately $130 million, including a joint venture project in New South Wales with West Perth-based CPC Engineering.

Osborne Park-based Universal Constructions has been awarded a $13.8 million contract by the state government for work at a new primary school in Perth's northern suburbs.

The International Cricket Council has given a glowing report on the soon-to-be-opened Optus Stadium, while approving all international fixtures to be played at the venue.

Approvals for the construction of new homes have jumped by 11.7 per cent in November, boosted by a spike in apartment and townhouse construction activity in Victoria, Western Australia and Tasmania.

Engineering and construction group Valmec has tapped investors for $5.1 million through a strongly supported share placement that will strengthen the company's balance sheet.

The state government has announced six more local businesses that will operate at the new $75 million Yagan Square development, set to be opened next month.

Belmont-based Pindan has been awarded an $18 million state government building contract in Carnarvon, while Bunbury-based Perkins Builders has received an $8 million government contract.

The private owner of Port Hedland International Airport has outlined plans for a $40 million redevelopment of the facility over the next five years.

Local engineering and construction group Valmec has announced it will purchase Henderson-based specialist pipeline testing company APTS, which was recently put into receivership.

The City of Fremantle has shortlisted six companies for the building contract for the civic building and library as part of the $270 million Kings Square redevelopment, while also announcing the demolition contractor for the council's old administration building.

Southern Cross Electrical Engineering has been awarded a number of new commercial and public infrastructure contracts across Australia totalling more than $90 million, including $66 million of work at a new section of the Westmead Hospital in New South Wales.

Phoenix Energy has announced major changes to its planned waste to energy project at Kwinana, with Macquarie Capital becoming lead sponsor and two European groups negotiating to take on construction and operations.

After announcing yesterday a significant contract with Cross Yarra Partnership in Melbourne, Osborne Park-based Veris has today secured further surveying works contracts in the eastern states worth

Energy and infrastructure contracting group Valmec has secured $30 million in new construction contracts, including a 4 kilometre gas pipeline at Dacian Gold's Mt Morgan project.

The number of workers on big projects in Western Australia is likely to stabilise at just one quarter of the peak level recorded during the mining construction boom, and that's only if planned projects get approved, a new study has found.

Belmont-based building company Pindan has been selected to complete the first stage of a $23.8 million government project upgrading infrastructure for a remote Aboriginal community.

Three engineering alliances have been shortlisted for a $47 million 'smart freeways' project that will use technology to convert the emergency lane on part of Kwinana Freeway into a full-time traffic lane.

Dutch company KOTUG and local subcontractor Westug have been selected to provide towage services for Fortescue Metals Group at Port Hedland, 18 months after the iron ore miner won a tender that broke BHP Billiton's monopoly at the port.

Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.

Engineering contractor RCR Tomlinson has secured a $33 million contract to design and construct a five-kilometre relocatable conveyor system for Fortescue Metals Group.

Shares in Downer EDI have jumped after the engineering group lifted its full-year profit because of larger-than-expected cost savings uncovered following its purchase of Spotless.

The state government has approved design alterations to the Swan River pedestrian bridge in an attempt to cut $4 million in construction costs, while also announcing further delays to the bridge's opening date.

Construction work has spiked for a second straight quarter, far outpacing market expectations, but economists suggest the numbers could flatter to deceive.

Engineering and construction contractor Monadelphous Group has painted a positive outlook after tough trading conditions in recent years, with the company tipping strong revenue growth in the current financial year.