Wednesday, February 19, 2020
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Ethiopia: Transforming Construction Industry

Globally, the construction industry hugely influences the economy, the environment and the society. In 10 trillion USD revenue and added value of 3.6 trillion,...

The building blocks of the country’s future

On the back of a massive ongoing plan by the Philippine government to upgrade and modernize the country’s infrastructure, the construction industry is in...

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...

Kuwait begins work on mega residential projects

Kuwait has begun construction work on two large-scale residential projects that form part of its ‘New Kuwait 2035’ vision, it was announced on Wednesday. The...

Saudi Arabia construction projects hit $1tn despite $163bn on hold

Construction projects worth $1.1tn are at various stages of development in Saudi Arabia as developers such as state-owned Saudi Aramco and contractors like Saudi Binladin Group...

Dubai prepares to tender Al-Maktoum airport construction this month

Leading local and international contractors are in joint-venture talks for the substructure contract A senior source managing the development of Al-Maktoum International airport says Dubai Aviation...

Egypt launches phase 2 construction of Orouba Skyline

Egypt’s real estate developer Orouba Misr Development has launched the second phase construction of the US$ 433.9m Orouba Skyline Compound in Smouha neighborhood, Alexandria. The Orouba Skyline project, divided into 4...

Construction of new Phnom Penh airport on schedule

Construction of a new airport that will serve Phnom Penh is on track and could be completed as early as 2023, the developer said. Pung...

Sub-Saharan Africa construction industry to grow 6.8% year on year, says Fitch

The research firm expects the sector to emerge from recession   In its 2019 sub-Saharan Africa construction growth outlook, Fitch says it expects the construction industry...

Report: US construction industry has a bright future

Dive Brief: A new report from the Equipment Leasing and Finance Foundation, Vertical Market Outlook Series – Construction, said the near-term residential and commercial construction...