Construction on $4.2B JFK Terminal 6 to start in early 2023
Construction on the $4.2 billion Terminal 6 at John F. Kennedy International Airport in New York City is set to start in early 2023,...
Giga-project investment boosts Mideast construction markets
Leading Middle East markets continue to experience high-growth in construction activity, as the region invests in nation-building agendas that support economic diversification away from...
US tops global hotel construction pipeline
The global hotel construction pipeline, led by the U.S., is at a record high, according to Lodging Econometrics, with 14,051 projects (2.3 million rooms) under...
Cambodia: Ministry of land calls for construction investment boost
The Ministry of Land Management urged foreign investors to increase investment in Cambodia’s real estate sector to take advantage of the country’s healthy economic...
Saudi’s Public Investment Fund launches 5-year strategy
Saudi Arabia’s Public Investment Fund (PIF) has launched its five-year strategy, including its Vision Realisation Programme (VRP) 2021-2025.
Following on its VRP 2018-2020, the strategy...
Where are the most expensive cities for construction?
The most expensive cities in the world for construction in 2021 are located primarily in Europe, with only two of the top 10 -...
Mega project: Dubai’s new $5 billion ‘Moon’ proposed as UAE shoots for the stars
Dubai could have a $5 billion moon building in the form of destination resort, Canadian architectural company and intellectual property licensor, Moon World Resorts...
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...
Riyadh to double in size with $1 trillion projects underway
Riyadh aims to double in size over the next seven years on the back of $1 trillion infrastructure projects across the Saudi capital in...
GlobalData: Construction in North America to fall less than expected in 2020 amid quick...
GlobalData has revised its forecast for North America’s construction industry to -1.7% this year from the previous projection of -6.5% in the Q2 2020...
