Infrastructure
Global Construction Sector On Track To Reach $13.9T By 2037
Amid a series of worldwide health, geopolitical, and economic crises that have left many construction markets currently stagnant or in decline, contractors are eager to gain insight into the future. Fortunately, there's promising news from Global Construction Futures, a...
Infrastructure
UN Report Urges Global Action On Construction Emissions
The global phenomenon of rapid urbanization results in the addition of buildings equivalent to the size of Paris every five days, with the built environment sector already being responsible for 37 percent of worldwide emissions. A newly released report...
Infrastructure
August Brought Lucrative Contract Opportunities In Europe
In August, several lucrative contract opportunities worth billions of Euros became available for competitive tender. These encompass a diverse range of projects across Europe and the UK, including a substantial decommissioning program at the Sellafield nuclear facility in the...
Infrastructure
Sustainability To Offset Construction Decline In Europe
The European construction industry could face a contraction in 2024, according to the most recent predictions from economists at Dutch bank ING. This forecast is driven by the impact of high-interest rates and rapidly escalating building costs, which have...
Infrastructure
Rebuilding Confidence In Australian Construction Sector
The Australian construction industry is grappling with significant challenges following the collapse of prominent companies like Porter Davis. This has led to increased expenses, delays, and uncertainty for consumers. The industry is witnessing a growing lack of trust between...
Infrastructure
Growing Canadian Construction Sector Faces Labor Crunch
Canada is experiencing rapid growth, which has increased the demand for housing. However, this growth has put pressure on the construction industry, leading to a shortage of workers. Across the country, there are tens of thousands of unfilled construction...
Infrastructure
Modular Construction Gains Momentum Amid Financing Issues
Many contractors say that financing issues are not slowing down new construction in their markets. Some developers are opting for modular construction to avoid cumbersome banking requirements. Contractors in Texas, as per insights, report strong activity and continued growth...
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