Saudi Arabia raises government contracting thresholds under new procurement law
Saudi Arabia’s Government Tenders and Procurement Law raises key financial thresholds, shortens approval times and changes how state bodies award…
Industry
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Construction production declines in June 2026 following growth in April and May
Structural and macroeconomic headwinds have contributed to a broad-based decline in construction production across major European markets, with building activity…
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Canada’s construction industry presents a mixed scenario in May 2026
Within Canada’s total building construction investment, residential construction increased by 3.4%, while non-residential investment grew by 2.5%. Within the non-residential…
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Strong execution drives India’s June infra pipeline down to 1,847 projects
According to the Infrastructure and Project Monitoring Division (IPMD) of the Ministry of Statistics and Programme Implementation, as of 30…
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Two Korean chip projects have swallowed more than half of the world’s largest industrial construction investment
Scale usually brings diversification. At the top of the industrial construction market, the opposite is happening. The world’s largest industrial…
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Semiconductor construction is redrawing the industrial map
For much of the past decade, the semiconductor industry has competed for investment. Governments assembled increasingly generous incentive packages, manufacturers…
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Kenya approves FY2026/27 Budget, reduces expenditure on infra and energy projects due to fiscal consolidation measures
Kenya’s Parliamentary Budget Office, in June 2026, approved the country’s Financial Year (FY) 2026–27 Budget covering the period from 1…
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The world’s biggest power projects are worth more than $650bn – and one giant scheme towers above the rest
The world’s 20 largest power generation construction projects are worth a combined $633.7bn, led by one scheme that dwarfs the…
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Power generation’s $8.28tn problem – too many plans, not enough buildable work
The global power sector has no shortage of investment ambition. GlobalData's Q2 2026 assessment identifies around $8.28tn of power generation…
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Construction production in the EU shows resilience in March 2026, despite the Middle East war
Monthly EU construction output increased as governments continued infrastructure investment, and some markets benefited from stabilising supply chains and easing…
