Infrastructure
The UAE Intends To Invest US$23 Billion On Infrastructure
World Construction Today - The United Arab Emirates (UAE), home to some of the world's tallest structures and cutting-edge skylines, is at the forefront of developing contemporary skyscrapers for the future. Cities like Abu Dhabi and Dubai continue to...
Infrastructure
Australian Builders React To Unprecedented Inflation Spike
World Construction Today - Since the Australian Bureau of Statistics began reporting the CPI in the June 1999 quarter, new home prices experienced their highest yearly increase. High levels of building construction output and continued labour and material shortages...
Infrastructure
Property Sector Has Been A Huge Drag On The Chinese Economy
World Construction Today – The three months leading up to June saw little improvement in China's property downturn, which caused its output to decline for a fourth consecutive quarter and cast doubt on the year's remaining growth prospects.
According to a...
Infrastructure
The Russia-Ukraine War Will Hinder Construction In H2 2022
World Construction Today – According to GlobalData, the amount of development work in Eastern Europe and Central Asia will drop by 3.4% in 2022. This is owing to severe crunches in the Russian and Ukrainian construction industries, which are...
Infrastructure
The 10 Most Expensive Cities In The World To Construct In
World Construction Today - Turner & Townsend's International Construction Market Survey reveals the most expensive cities in the world to construct in. According to the study, San Francisco in the US was the most expensive city in the world...
Infrastructure
The RBA Rate Hikes Further Strain Australian Construction
World Construction Today - The leading organisation for the construction sector in Australia has advised the Reserve Bank to scale back rate increases or risk driving construction companies into financial ruin.
Denita Wawn, CEO of Master Builders Australia, alleged that...
Infrastructure
US Construction And Engineering Sector Expectations For 2022
Although the recession of 2020 was one of the shortest in history, its effects may still be seen in the greater US economy and the construction and engineering-C & E business. As we enter the second year of recovery in...
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