- Global
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For the first time featuring 100 cities around the globe
Global economic volatility, including trade conflicts and tightening finance conditions mean that more than ever, construction clients need predictability and efficiency in their projects.
This allows them to gain competitive advantage and position themselves to make smart decisions.
Leveraging our industry-leading data and cutting-edge digital tools and platforms, our cost management experts have identified three key areas in which construction clients should invest, in order to create of long-term value:
Low productivity, an aging workforce and the lack of domestic sources of materials contribute to the sustained high costs of building in Hong Kong. Find out more by downloading the city spotlight.
Singapore’s construction market faces challenges ahead with a slowdown in public sector construction and nervous financial markets as the government and industry embrace digital transformation. Find out how this has impacted its ranking in this year’s Index by downloading the city spotlight.
Manila has seen significant growth in the construction sector, driven by both public and private sector developments. Increasing demand, combined with high inflation, devaluing Peso and a tight labour market has seen construction costs increase. Read the city spotlight to see how this has impacted its ranking in this year’s Index.
The construction industry is expected to see growth despite the declining value of the Malaysian Ringgit against the US dollar and cost reviews on large scale projects. To discover more and see where Kuala Lumpur ranks, download the city spotlight now.
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