Project progress of 2018 will boost Gulf Cooperation Council (GCC) construction in 2019
The team at Construction Week is often asked for advice on contemporary market conditions. Common enquiries are about whether a certain project has progressed, or if...
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...
US $20bn Entertainment District set to be constructed in Egypt
An Entertainment District is set to be constructed in Egypt at a cost of US $20bn. This is after ATIP New Capital Entertainment (ATIP...
China’s construction industry on rapid growth since 1978
China's construction industry has seen rapid expansion since the country began to implement the reform and opening up policy in 1978, data showed.
The value-added...
Construction on Saudi Arabia’s 334km² Qiddiya to start in 2019
Construction on Qiddiya, Saudi Arabia’s planned 334km2 entertainment gigaproject by Public Investment Fund (PIF), will reportedly start this year.
Speaking to Riyadh-based news outlet Arab News,...
Saudi Arabia’s Red Sea Development – The project will cover 90 islands and 28,000...
Saudi Arabia is developing its coastline as part of plans to transform the economy and cut its reliance on oil. The project will cover...
New York City construction spending to hit $190B by 2022
Construction spending in New York City, according to the New York Building Congress' latest outlook report, will hit almost $190 billion between 2019 and the end...
Countries With the Highest Housing Bubble Risks
With a decade-long bull market and an ultra low interest rate environment globally, it’s not surprising to see capital flock to housing assets.
For many...
$1bn Dubai Creek Tower hits construction milestone
Centrepiece of the 6 sq km Dubai Creek Harbour project completes concrete placement for the pile cap two months ahead of schedule
Dubai Creek Tower,...
Construction industry voices 2019’s expectations in Big 5 survey
Respondents from the Big 5 construction show survey have revealed that “strong competition” and “cost-driven decision making” will be regarded as the main challenges...
