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...
The hotel construction activity globally the 2021
Globally too, the hotel construction activity fell with a total of 221,789 rooms being built in 2021, down 7.6 per cent over the previous...
Sub-Saharan Africa’s rising debt levels cloud construction growth in 2023
Construction output in Sub-Saharan Africa grew by an estimated 1.7% in 2022, compared to a growth of 3.2% registered in 2021. The industry is...
China’s property sector worsened in November
The world’s second-largest economy has struggled to mount a strong post-COVID recovery as distress in the housing market, local government debt risks and weakening...
Will property curbs put Singapore’s construction sector on shaky ground?
The local construction sector, which has been showing signs of bottoming out, could find itself on shaky ground again following the latest property cooling...
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...
5 Most Expensive Cities to Build
A new report by consulting firm Turner & Townsend highlights the cities with the highest construction costs in 2018
San Francisco construction costs soared in...
It is predicted that India’s construction industry is set to emerge as the third-largest...
Construction technology in India, despite its large-scale rollouts, remained rather sluggish in adopting new techniques and tools. However, it is the second-largest industry in...
