International Construction

Nov 23, 2023 | international-construction.com | Andy Brown

Construction is one of the world’s most important sectors but globally, it still typically performs with slim margins of roughly 5% earnings. Meanwhile, productivity growth has languished at just 1% per year over the last two decades. With little margin for error, controlling costs is vital when it comes to shaping a successful construction site. However, between weather forecasts and material costs, this can often seem like a losing battle in what is often an unpredictable operating environment.

Nov 21, 2023 | international-construction.com | Andy Brown

Rescuers have drilled about halfway through fallen debris to reach 41 workers trapped for ten days inside a collapsed tunnel in the Indian Himalayas, an official said on Wednesday. The men have been stuck in the 4.5-km (3-mile) tunnel in Uttarakhand state since it caved in early on November 12 and are safe, authorities have said, with access to light, oxygen, food, water and medicines.

Oct 30, 2023 | international-construction.com | Andy Brown |Tommy Wilkes

Emerging markets will need US$1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions, a top economist at the World Bank’s private finance arm has told Reuters. Of that US$1.5 trillion, China accounts for US$1.33 trillion, reflecting its size and urbanisation, and Latin America and the Caribbean, Asia, Europe and Africa most of the rest, the International Finance Corporation said in a new report.

Oct 18, 2023 | international-construction.com | Andy Brown

At this year’s Autumn Conference of the federation of European International Contractors (EIC) a consensus was formed that a ‘New Deal’ between politics and industry is needed to create a win-win situation that rewards contractors and suppliers adequately for providing the necessary infrastructure that will facilitate the global energy transition. The global energy transition raises the defining questions of our time.

Oct 5, 2023 | international-construction.com | Chris Sleight

China-based OEM LiuGong has sold its crawler dozer factory in Stalowa Wola, Poland, back to Huta Stalowa Wola (HSW), the company it acquired the Dressta dozer business and manufacturing plant from in 2012. LiuGong is retaining ownership of the Dressta intellectual property and is transferring manufacture of these products to a new factory in Changzhou, China, with the capacity to build 3,000 units per year.