Tuesday, August 4, 2020
Iktinos banner ad

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...

Construction of new Phnom Penh airport on schedule

Construction of a new airport that will serve Phnom Penh is on track and could be completed as early as 2023, the developer said. Pung...

Report: US construction industry has a bright future

Dive Brief: A new report from the Equipment Leasing and Finance Foundation, Vertical Market Outlook Series – Construction, said the near-term residential and commercial construction...

China: plans to build 216 new airports by 2035

By the end of October, China had 234 civil airports and is expected to increase them up to 450 by 2035, according to the...

Construction of Miral’s $3.2bn Yas Bay in Abu Dhabi nears completion

Progress is being made on the $3.2bn Yas Bay waterfront development in Abu Dhabi after real estate developer Miral revealed that the region’s first...

Dubai, London and New York are 2019’s ‘Construction Mega Cities’

GlobalData tracks large-scale construction projects in all sectors, and following a recent assessment of project pipelines in major cities worldwide, it has compiled a...

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...

GlobalData: Turkey’s construction industry to reach $230 billion

Turkey’s construction industry is expected to recover from its current slump and rise to US$230 billion in 2024, thanks to the government’s focus on...

China’s new tallest building will be located in Shenzhen

The tower is at the center of the Shimao Longgang Master Plan. The Shenzhen-Hong Kong International Center is currently envisioned to rise approximately 700 meters...

$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)...