Luxury Hotel Market to Grow to $115.80 Billion by 2025
The global luxury hotel market is expected to reach $115.80 billion by 2025, according to a new report by Grand View Research, Inc. Registering a 4.3...
$3.2 trillion construction opportunities in Middle East and North Africa region
The total value of infrastructure and construction projects in the Gulf Cooperation Council (GCC) region reached approximately to $3.2 trillion in mid-2021, according to...
Senegal is building a $2 billion futuristic city
Senegalese leaders have long dreamed of building a new urban center amid mounting congestion and overcrowding in the capital city of Dakar. With a...
Saudi Arabia’s construction projects valued at $284bn in 2017
Saudi Arabia’s construction projects were worth more than $284.3bn (SAR1tn) in 2017, when 700 new schemes were expected to be launched in the following months. These...
Singapore in drive to export modern construction to India
Singapore’s productivity-focussed Building and Construction Authority (BCA) will lead a delegation of around 30 companies to the Indian state of Andhra Pradesh to offer...
Global hotel construction hits an all-time high
Hotel construction across the world is at an all-time high, according to a report just published by US hotel consultant Lodging Econometrics (LE).
The...
Construction starts on $1.2bn Reem Mall’s Snow Park in Abu Dhabi
Construction work has started on the 1.1ha Snow Park within Abu Dhabi’s Reem Mall, a $1.2bn (AED4.4bn) project at Reem Island’s Najmat District that will...
Construction equipment sales to fall 19%
Global construction equipment sales are expected to fall 19% this year from the 2018-2019 peak of 1.1 million machines to 891,000 units, according to...
It is predicted that India’s construction industry is set to emerge as the third-largest...
Construction technology in India, despite its large-scale rollouts, remained rather sluggish in adopting new techniques and tools. However, it is the second-largest industry in...
China’s new tallest building will be located in Shenzhen
The tower is at the center of the Shimao Longgang Master Plan.The Shenzhen-Hong Kong International Center is currently envisioned to rise approximately 700 meters...
