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...
Expo 2020 to boost construction and transportation in United Arabic Emirates
UAE's bid to host Expo2020 is a historic achievement, which, along with UAE’s Vision 2021, means that the construction and infrastructure sectors have won...
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...
Huge turnout expected at the exhibition Build EXPO 2022
The construction industry's biggest event starts in a few days and will be one of the greatest in recent years.Build EXPO, a milestone for...
The Big 5: Will future buildings manage and fix themselves?
The building industry, which has historically lagged in terms of technology adoption, is beginning to have a dialogue on shifting from projects to products,...
Construction output in North America is forecast to grow by 2.4% in 2022 despite...
Although construction output in North America is forecast to grow 2.4% in 2022 and is expected to reach $1.94 trillion, up from $1.89 trillion...
7 coronavirus-related construction challenges that will continue in 2021
More than 10 months since the first coronavirus cases were reported in Wuhan, China, COVID-19's global spread continues to plague commercial construction.Since the pandemic...
Global construction sector to grow by more than 5% in 2021
The global construction industry is set to grow by over 5% this year, a new report by GlobalData has suggested.The report states that the...
Ethiopia: $2 billion construction project to boost development
The United Arab Emirates firm, the Eagle Hills, has launched an estimated $2 billion integrated community development project in Addis Ababa.The Ethiopia government will...
Sri Lanka is building a $15 billion metropolis to rival cities like Hong Kong...
The metropolis is being built with a $1.4 billion Chinese investment
Sri Lanka's $1.4 billion Port City development has elicited parallels to a number of...
