Green light for US$9 Bn Can Gio Tourist City development in Vietnam
The Vietnamese government has approved a US$9.3bn Can Gio Tourist City project, a residential and tourism development within the buffer zone of the Can Gio...
Construction Industry trends post 2020
As Charles Darwin once famously said “It is not the strongest of the species that survives, nor the most intelligent. It is the one...
USA: Construction starts down significantly in first half of 2020
Dodge Data & Analytics released its findings on construction starts from the first half of the year, sharing that the pandemic and resulting recession wreaked...
Redex outsources the natural rocks of the luxury One & Only Kea Island resort...
The company undertakes the complete supply and installation of marble in all the luxury villas and the facilities.One & Only Kea Island enters the...
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...
What is on the horizon for the Middle East and North Africa construction sector...
The Middle East and North Africa (MENA) construction sector is expected to be bit by the triple whammy of lower oil production, low oil...
Charting the Last 20 Years of Supertall Skyscrapers
Charting the Last 20 Years of Supertall Skyscrapers
At the end of the 20th century, supertall skyscrapers—buildings exceeding 300 meters in height—were still somewhat of...
COVID-19: Saudi Arabia’s Vision 2030 strategy funding cuts
A twin blow of record low oil prices and a coronavirus pandemic has forced Saudi Arabia to cut $8mn from its highly anticipated Vision...
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...
Moody’s downgrades global construction prospects for 2020-21
On the back of coronavirus disruptions, investor relations company Moody’s has issued a pessimistic outlook on the global construction industry for the next 12 months. Moody’s...
