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GlobalData: Philippines construction industry to reach US$75.1bn in 2024

The Philippines construction industry, which was the fastest growing in the Asia-Pacific (APAC) region prior to the COVID-19 outbreak, has been devastated by the...

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...

Europe’s Hotel Construction Pipeline is Accelerating and Hitting All-Time Highs

Analysts at Lodging Econometrics (LE) report that Europe's hotel construction pipeline continues its robust up-swing in 2019 with 1,670 projects/254,600 rooms, a remarkable 22%...

Construction fever in the hotel sector in China

Construction growth in China has been boosted by billions of dollars in liquidity to offset the economic downturn brought about by the escalation of...

Although hit by the Covid-19 pandemic, Africa continues to develop large hotels across the...

Although hit by the Covid-19 pandemic, Africa continues to develop large hotels across the continent. In fact, 279 new hotels and 62,137 rooms are on...

Countries With the Highest Housing Bubble Risks

With a decade-long bull market and an ultra low interest rate environment globally, it’s not surprising to see capital flock to housing assets.For many...

COVID-19 significantly impacting 60% of the European construction equipment industry

Recent findings from a CECE (Committee for European Construction Equipment) flash survey paint a gloomy picture for the European CE Industry facing the consequences...

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...

Construction begins on the $2bn Mina Al Sultan Qaboos project in Oman

Damac International, the Dubai-based building company, has announced that launch of construction on the Mina Al Sultan Qaboos project.The $2bn waterfront project located in...

China to advance infrastructure construction

China will advance the infrastructure construction in a coordinated way, according to the full text of the Communist Party of China Central Committee's development...