Monday, September 21, 2020
Iktinos banner ad

$ 15 trillion the revenues of global construction industry by 2025, Deloitte reports

Although global economy shows signs of a slight slowdown, the construction industry continues to grow moderately, with positive outlook, according to Deloitte Global Powers...

Indonesia: Government to start construction of new capital city next year

Despite the economic downturn caused by the COVID-19 pandemic, the government is slated to begin construction of the new capital city in North Penajam...

Continuous growth is expected in the hotel sector in the African continent until 2022

According to the latest report from PwC “Hotels outlook: 2018–2022 Positioning for future growth” Africa’s hotel sector has the potential for further growth over...

Jakarta: Sukabumi Airport Construction to Begin in 2019

Sukabumi Airport in West Java will be built in early 2019, a local official said on Sunday."After officially opening the Bogor-Ciawi-Sukabumi (Bocimi) session I...

Value of global civil engineering market to reach $12.5tn in 2025

The global civil engineering market will be valued at $12.5tn by 2025, growing from its 2018 value of $9tn on the back of greater...

Construction of Mesob Tower in Ethiopia to begin

Construction of the Mesob Tower in Ethiopia is set to begin. Ethiopian Minister of Culture and Tourism Hirut Kassaw (Ph.D.) revealed the report and...

Covid-19 slows down construction in the Middle East and Africa – But what about...

The global pandemic has changed the balances in every area and has influenced every section of our life, even the construction sector. In regions...

Moscow’s New Supertall Skyscraper Approved for Construction

Moscow officials have approved a new supertall building that will become the city's tallest skyscraper. Rising 404 meters (1,325 feet) in height as part...

Mena construction sector to grow at fastest pace globally on government spending

The construction sector in the Middle East and North Africa will grow at the fastest pace globally in 2019 as regional governments continue to...

Europe’s Hotel Construction Pipeline is Accelerating and Hitting All-Time Highs

Analysts at Lodging Econometrics (LE) report that Europe's hotel construction pipeline continues its robust up-swing in 2019 with 1,670 projects/254,600 rooms, a remarkable 22%...