Monday, October 26, 2020
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GlobalData: COVID-19 ravaged construction industry in South and South-East Asia set to post V-shaped...

The stringent lockdowns and social distancing norms due to COVID-19 have severely disrupted the construction industry across South and South-East Asia. Consequently, the industry...

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...

Saudi Arabia to begin construction at $500bn NEOM development in 2019

The work on the first phase of NEOM Bay, an urban project, will be completed in 2020Construction of NEOM Bay, the first urban area...

$494 billion worth of construction projects are currently active in Kuwait

Construction projects worth more than $494 billion are currently active in Kuwait, according to new research by ProTenders.Of these, projects worth $15.5 billion (3.1 percent)...

Saudi Arabia benefits from high tech in construction of Red Sea Project

Saudi Arabia has undergone huge changes with the introduction of Vision 2030, devised by the Crown Prince Mohammad bin Salman, which has, among other things,...

No VAT impact on construction sector in UAE

Expo 2020, Vision 2021 lead UAE's construction activity.The UAE's construction industry has not been impacted by the recent introduction of 5 per cent value-added...

Construction projects planned and ongoing by world’s megacities valued at $4.2trn

A total of 6,645 planned and ongoing construction projects by the world’s megacities, valued at US$4.2trn and fueled by the increase in population, are...

Construction in Peru to reach US$36 billion

The value of the Peruvian construction industry could increase to US$36.6 billion by 2023, up from its valuation of US$28.7 billion in 2018, according...

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...

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...