Construction industry

Economic development

UAE Bridge Construction Market to Reach USD 16.61 Billion by 2030, Driven by Strategic Infrastructure Investments and Vision 2030

The UAE Bridge Construction Market is experiencing significant growth driven by the country's ambitious infrastructure development projects and strategic positioning as a global trade and transportation hub. The government's Vision 2030 initiative has led to substantial investments in modernizing transportation networks, including roadways, railways, and urban

Economic development

Western Australia's New Legislation: Accelerating Projects or Compromising the Environment?

Western Australia is set to overhaul its development framework with new legislation aimed at cutting red tape for priority projects. Premier Roger Cook has announced the State Development Bill, which he claims will make WA the best place in the world to do business. However, industry experts warn that the

Economic development

United States EPC Market Growth Analysis - Forecast Trends and Outlook (2025-2034)

The United States Engineering, Procurement, and Construction (EPC) market is a significant contributor to the country's economy, with the sector generating approximately $2.1 trillion in structural value annually. As of the first quarter of 2023, there were over 919,000 construction establishments operating in the country, with

Housing

Priority View Homes Launches Affordable Housing Scheme for Cocoa Farmers

Priority View Homes, a construction firm based in Accra, has initiated a housing scheme to provide affordable housing for cocoa farmers in the Central Region of Ghana. The project, which aims to reduce accommodation challenges for farmers, has already been implemented in the Gomoa Central District and will be replicated

Economic development

Malaysia's Construction Industry to Grow 9.6% Year-on-Year in 2025, Driven by Residential and Non-Residential Building Sectors

Malaysia's construction industry is poised for significant growth in the coming years, driven by the building sector, with a projected 9.6% year-on-year increase in 2025. According to BMI, a Fitch Solutions company, the residential building sector is expected to expand by 15.7% year-on-year, while the non-residential

Housing

Haicang District Launches "Quality Month" Activity in September

The Haicang District of Fujian Province has announced plans to launch the "Quality Month" activity in September, aiming to implement the spirit of the Third Plenary Session of the 20th CPC Central Committee and the "Outline for Building a Quality Power Nation." The activity aims to

Housing

Single-Family Construction Down in Large Metros, Up in Rural Areas

The National Association of Home Builders (NAHB) reported that single-family construction declined in nearly every geographic region in the second quarter of 2025, with the largest percentage drop of 3.8% occurring in large metro, suburban counties. Despite this, multifamily output posted growth in most markets, with small metro outlying

Housing

Housing Crisis Exacerbated by Wastewater Infrastructure Delays

The UK's housing crisis is being further exacerbated by delays in wastewater infrastructure, according to a new report by the Home Builders Federation. The report, A Drain on the Nation, highlights that almost 30,000 new homes, including 7,000 Affordable Homes, are currently blocked due to concerns

Housing

Contractor Licensing Laws: A Tale of Two States

A recent case from Florida highlights the importance of complying with state licensing laws for contractors. In CAM Bradford Homes, LLC v. Arrants, the Florida First District Court of Appeal upheld a trial court's ruling that an unlicensed contractor could not enforce its contract with homeowners. This decision

Economic development

Brazil Construction Market Report and Forecast 2025-2034

The Brazil construction market is set to grow significantly between 2025 and 2034, driven by government initiatives, infrastructure development, and increased demand in various construction sectors. The market size was valued at USD 127.63 billion in 2024 and is projected to reach USD 236 billion by 2034, with a

Economic development

Brazil Construction Market Report and Forecast 2025-2034

The Brazil construction market is set to grow at a compound annual growth rate (CAGR) of 6.30% between 2025 and 2034, reaching a value of USD 236 billion by 2034. This growth is driven by government initiatives, infrastructure development, and increased demand in various construction sectors. The Brazilian government&

Housing

Skanska Invests in Modransky Cukrovar Residential Project in Prague

Skanska is investing CZK 1.2 billion, approximately SEK 540 million, in the third phase of Modransky cukrovar, a residential project in Prague, Czech Republic. This phase will feature 132 low-energy apartments across four buildings, emphasizing the concept of low-impact living. The project aims to achieve a BREEAM rating of