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...Many lenders shun development finance in favour of debt secured on existing buildings, which can be sold to recover money in case of default. Lending to support construction is higher risk....
...Construction of its Japan fab is going much more smoothly than in the US....
...Its ownership has been praised for shrewd financial management, the construction of a new stadium and regular qualification for the Champions League....
...The new capital spending adds a second fab that will also make 2nm and 4nm chips, as well as the construction of an advanced chip packaging facility for “2.5D packaging” of processor and memory chips....
...The exclusivity had been a “relevant factor” in the company’s decision to spend $1.3bn on the construction of its first phase, it said....
...The STDC had been joined in its action by Teesworks Ltd, the public-private joint venture set up to develop the steel site....
...The legal challenge to the Barossa development, which has an estimated $2.7bn construction cost, had disrupted the establishment of the pipeline, which is one of Australia’s biggest new offshore gas developments...
...China’s property sector, which typically accounts for more than a quarter of economic activity, has struggled for more than two years with construction delays and developer funding woes after a government...
...Its research and development engineers in Taiwan, managing the start of the production stage, are considered vital....
...But any eventual failure at Vanke would be a greater repudiation of a levered model of property development in China that until recently proved highly profitable....
...Companies are tackling the demographic challenge by introducing more avatars, robots and artificial intelligence to the workforce in key sectors such as construction, agriculture and retail....
...“As part of our long-term commitment, we envision building an EV ecosystem and fostering development in Indonesia,” he added....
...Services are now expected to start in 2029 at the earliest from a new station under construction at Old Oak Common in west London....
...ICBC, Bank of China, China Construction Bank and Agricultural Bank of China all declined to comment....
...Indeed, Reichman says that knowledge has already informed the development of its new Valhalla car, due for release next year....
...that relying so heavily on private sector funding seemed like “wishful thinking” and “would probably result in the Euston terminus being cancelled by stealth” with HS2 terminating at the new station under construction...
...“It’s a headline, but it's a little bit cheeky and a little bit foolish because it depends upon the development scale, it depends upon construction costs, it depends upon . . . lots of things that the government...
...The turmoil among property developers is hugely significant for China because construction and real estate has been the motor of much of its growth....
...Instead the project will be managed by a new Euston Development Zone, which is expected to include developers and other businesses and include the construction of thousands of new homes....
...Construction of the line between London and Birmingham is under way....
...This story has been amended to reflect that construction of TSMC’s plant began last year, rather than five months ago as originally stated...
...The Barcelona basilica has been under construction since 1882, and consumed Gaudí’s life....
...Although soaring construction costs have contributed to the budget increases, an internal report last year pointed to wider problems....
...Sir Keir Starmer, the Labour opposition leader, this week promised to “bulldoze” Britain’s restrictive planning regime to facilitate the construction of housing and critical infrastructure projects....
...“Instead, it may primarily cover expenses related to land and infrastructure development. The construction costs and other expenditures will accrue as new projects are initiated.”...
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