According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the Asia Pacific excluding China (APEC) increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms. At the close of the quarter, projects currently under construction account for 47% of
Despite all the progress it has made, the global construction industry still sees less than 12% women in its workforce, underscoring the ongoing challenges in achieving gender parity. This discrepancy highlights the continued need for concerted efforts to recruit and retain female talent in the industry, especially in technical and leadership positions. Over the last
Saudi Arabia is working on a 2km skyscraper with a renowned architecture firm, according to a report. The industry report said a PIF-backed project is being developed alongside Foster + Partners and the final height of the tower in Riyadh would reach 2 km and be a multi-billion-dollar project. The world’s tallest building, currently, is
Global asset management and disposition company, Ritchie Bros., is preparing for its first scheduled auction of 2024, which promises to have a large and diverse selection of used and unused heavy equipment for sale at unreserved prices. Taking place on March 5-6, 2024, the auction will feature 964 items, which will be sold to the
In the dynamic canvas of India’s ever-evolving infrastructure development, one luminary shines brightly—Sanjay Agarwal, Director and COO at IJM India Infrastructure Limited (IJMII). With a career spanning over three decades, Agarwal’s journey is not just a testament to visionary leadership but a saga of innovation and an unwavering commitment to transformative excellence. Business Frontier talks
Paul Wallet, Regional Director of Trimble Solutions, Middle East and India, shares his views on the rapid transformation of the construction sector in the Middle East
Author: Paul Wallett
Advancing Capital Project Execution with Innovative Collaborative Solutions to Enhance Productivity, Sustainability, and Cost-Efficiency in the Construction sector
