Tuesday, October 27, 2020
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Year-End U.S. Hotel Construction Pipeline Continues Steady Growth

At the end of 2018, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to trend upward with 5,530 projects/669,456...

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...

$4.4bn deals signed to add thousands of new Saudi homes

Saudi Arabian General Investment Authority announces investments in the kingdom's real estate and construction industry  The Saudi Arabian General Investment Authority (SAGIA) announced on Thursday...

Egypt is Spending Billions on a New Capital City

Construction has begun on Egypt’s shiny new capital city, which promises to ease the congestion of its overpopulated capital Cairo.Located 40 kilometres from Cairo,...

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...

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...

The GCC’s top entertainment construction projects of 2019

The definition of an ‘entertainment project’ has steadily evolved in the GCC's construction industry over the past decade. Billions of dollars have been pumped...

Economic reforms to benefit builders in Saudi Arabia

Increased government spending and progress on multibillion-dollar construction projects may fuel growth in Saudi Arabia’s property sector, real estate services firm JLL said.Public Investment...

Pakistan: Construction sector hails government’s decision for achieving status of Industry

The construction sector on Sunday lauded the government’s decision to declare the sector as an industry as it had huge demand of up to...

Senegal is building a $2 billion futuristic city

Senegalese leaders have long dreamed of building a new urban center amid mounting congestion and overcrowding in the capital city of Dakar. With a...