Work is under way on Mexico City's new airport, which is scheduled for opening in 2006 and projected to be one of the world's best, capable of moving 60 million passengers and handling some one million flights annually.

Singapore will embark on a $6 billion project spanning 10-15 years to build three rail lines totalling 60 km in length, Communications and IT Minister Yeo Cheow Tong said. This is reported to be the biggest and most ambitious land transport project to be undertaken in Singapore.

Japan's spending to drop Japan's construction spending in fiscal 2002 that starts next April is expected to fall below 60 trillion yen ($490 billion) for the first time in 16 years, according to the the Research Institute of Construction and Economy. Construction spending is expected to fall 8.

Hong Kong's Civil Engineering Department awarded contracts worth HK$2.08 billion ($266.7 million) last month to the China State Construction Engineering Corp. (CSCEC) for Phase-One work on Disney's new theme park. The park is estimated to cost a total of $1.