Infrastructure
Australian Building Nods Slumps To Lowest Level In A Decade
The Australian Bureau of Statistics recently released its monthly building approvals information for January as far as detached houses and multi-unit covering all states and union territories are concerned. According to Housing Industry Association Senior Economist Tom Devitt, both...
Infrastructure
UK Construction Begins To See A Rise As Inflation Eases
The two months decline of the UK construction sector ended in February as the recession fears have begun to fall apart. As per the latest S&P Global/CIPS UK Construction PMI figures, total orders for construction surged at the fastest...
Infrastructure
Economic Challenges Not Putting-Off UK Construction Surge
World Construction Today - As per a new study that has recently concluded, construction companies in the UK have grown by 17% in the last five years.
The findings that have been drawn from the office of national statistics...
Infrastructure
New Capital In Indonesia To Get An Infrastructure Boost
World Construction Today - In order to accommodate 14,500 government employees at the new capital, Nusantara, Indonesia plans to begin construction on 184 residential towers in the second quarter of this year.
According to Bambang Susantono, head, Nusantara National Capital...
Infrastructure
The Dubai Real Estate Market Sees A Phenomenal Increase
World Construction Today - 2022 was a record-breaking year for sales, volume, and value in the Dubai real estate market. According to a report, the emirate experienced a 76% increase in sales from 2021 to 2022, with a total...
Infrastructure
To Flourish Real Estate, Saudi Inks Deals Worth $2.66bn
World Construction Today - In order to setup four investment funds to flourish tourism, commercial and residential projects, Saudi Arabia has inked agreements as well as MoU’s amounting to more than 10bn Saudi riyals which is equivalent to $2.66bn.
A...
Infrastructure
Saudi And UAE Construction Contributes Most Across Arab
World Construction Today - As per the Arab Monetary Fund- AMF, Saudi Arabia and the UAE both pushed the construction sector in Arab to nearly $187 billion in 2020.
The AMF opines that the Arab construction segment has recuperated from...
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