The global oil and gas projects pipeline, as tracked by the Construction Intelligence Center (CIC), is worth US$4.0 trillion. The Americas accounts for the highest value with US$1.28 trillion, followed by Asia-Pacific with projects valuing US$1.23 trillion.
Slavery is not a practice from the past. On the contrary, it is alive and well today.
Wales-based Concrete Canvas Ltd is expanding the distribution of Concrete Canvas in Australia and New Zealand.
Construction on Mars or Moon will be possible, claims Behrokh Khoshnevis, professor of industrial & systems engineering at the University of Southern California and director of the Center for Rapid Automated Fabrication Technologies (CRAFT).
Asia-Pacific has the largest power generation construction pipeline out of the major regions, with $1.67 trillion worth of investments, according to a new report.
Stress, depression or anxiety is significantly affecting our society. According to mental health charity Mind, 1 in 4 people in the UK will experience a mental health issue in any given year and, according to the Centre for Mental Health, at any one time 1 in 6 workers is experiencing depression, anxiety or stress — and construction workers are not immune to it.
1. Barzan Gas Development – Qatar
Youssef Ouchagour, construction industry analyst at Timetric’s Construction Intelligence Center, analyses the current state of the global data centre construction market and presents five of the largest data centre projects currently under construction in the world.
“The Thames Tideway Tunnel is the biggest construction project ever undertaken in the UK water industry,” says Mark Sneesby, Thames Tideway Tunnel chief operating officer.
Atkins and Arup have been working together with Severn Trent Water to maintain a smooth supply of water from Wales to Birmingham.
The Briman Strategic Water Reservoir in Jeddah, Saudi Arabia, is currently the world’s largest drinking water storage facility, says Simon White, Atkins’ technical director and the project’s design manager.
Youssef Ouchagour, construction industry analyst at Timetric’s Construction Intelligence Center, looks at the current state of the healthcare construction market and presents five of the largest healthcare projects currently under construction in the Gulf Cooperation Council (GCC) region.Building adequate and effective healthcare facilities has become an urgent priority in the GCC region as the pressure continues to grow on the existing healthcare infrastructure due to a number of regional factors, including rapid population growth, higher life expectancy, a higher per capita income and a rise in lifestyle related diseases. GCC healthcare construction market outlookAccording to Timetric’s Construction Intelligence Center (CIC) project database, there are 119 active healthcare projects in the GCC countries with a combined value of $46bn. As expected, the majority of these projects are located in Saudi Arabia, the country with the largest population in the GCC, followed in order by the United Arab Emirates, Kuwait, Oman, Qatar and Bahrain. 40% of active projects in the GCC region, with a combined value of $21bn) are under execution, with the remaining 60% of projects at various pre-execution stages, with a combined value of $25bn. This shows that there is a wealth of future opportunities within the healthcare sector for the GCC construction industry.The expected growth of the Healthcare Sector in the GCC region over the next few years will be mainly driven by the GCC governments’ efforts to strengthen and modernise their healthcare system — 68% of the active Healthcare projects in GCC countries are publicly funded projects; these have a combined value of $39bn. Privately funded projects represent 25% of the total number of active healthcare projects in the region and have a combined value of $4.5bn. The total investment in healthcare projects through public/private partnership is around $2.2bn. The number of projects funded by the private sector is set to grow over the next few years due to the high demand for high quality healthcare facilities and services and the rise of the medical tourism trend in the region. The same is expected for projects funded through public/private partnerships as the GCC governments are looking for alternative ways to fund healthcare projects due to budget restraints.
The longest suspension bridge in Africa, according to Cowi and Gauff Engineering, is currently under construction in Mozambique and will link the capital city of Maputo with the Catembe district.