John Laing Investments has bought a 14.5% stake in Australian airport operator Adelaide Airport Ltd for A$27.6M (£11M). AAL has recently won a £144.8M contract to operate and upgrade Adelaide and Parafield airports.
Canary Wharf is to develop a new 41 storey office building with banking conglomerate HSBC Holdings. It will stand next to the Jubilee Line Extension's Canary Wharf station.
Amey Construction's refurbished ex-London ring main Lovatt TBM completed its 3.8km journey between Kingston's Worcester Park and Hogsmill sewage treatment plants last week. The £8.7M contract took 16 weeks.
The government has approved plans for the £355M removal of radioactive waste from an underground shaft at Scotland's Dounreay nuclear facility (NCE 5 March). The project is expected to create 400 jobs. Work could involve freezing ground around the shaft before removing the waste.
Plans to upgrade London's Underground system using private finance are to be investigated by the transport subcommittee of Parliament's Environment Transport & Regional Affairs Committee. Interested parties are invited to submit evidence.
The John Mitchell Memorial Trust is seeking candidates for a £3,000 travel scholarship for engineers wanting to visit sites of geotechnical or geoenvironmental interest.
The ICE has announced major revisions to two contract clauses - payment provisions and settlement of disputes - to comply with the introduction of the Housing Grants, Construction & Regeneration Act 1996 (Part II).