Latest news and articles about construction from NEX English
The Urban Redevelopment Authority (URA) in Singapore has announced the closure of the exit road from the CTE near Punggol for specific periods from June 3 to 17 for new bridge construction. Barriers and signs will be placed to redirect traffic and ensure the safety of drivers.
Reports indicate that investments in the construction sector in the region are expected to reach approximately <strong>$70 billion</strong> by <strong>2031</strong>. This increasing growth reflects a trend towards infrastructure development and enhancing the local economy.
The Egyptian Ministry of Labor has announced the availability of <strong>2600 new jobs</strong> in the construction sector, aiming to enhance the labor market and support the national economy. This initiative is part of the government's efforts to improve job opportunities and reduce unemployment rates.
On May 5, the fifth edition of the 'The Investor' conference will kick off, gathering top real estate developers from Egypt and Arab countries. The conference aims to enhance cooperation and exchange experiences in the construction sector.
Qatar's Amwal Company has announced a 20% increase in its stake in France Structural Steel Middle East. This move aims to strengthen its presence in the growing construction sector.
MTR Corporation, the operator of Hong Kong's railways, has announced the use of augmented reality (AR) technology to expedite construction at a new station within the Northern Metropolis project. This comes as power has been connected to the Kwu Tung station, enhancing its chances of opening on schedule next year.
The General Company for Construction and Real Estate Investment in Giza has been awarded by the New Urban Communities Authority to complete infrastructure works in New Sohag, valued at 97.6 million EGP.
An independent committee in Hong Kong begins its investigation into the tragic fire at Wang Fook Court, which resulted in multiple fatalities. The inquiry aims to understand the causes of the fire and assign responsibility, with four witnesses from the construction and internal affairs departments set to be questioned.
Metal Tube has announced the signing of an export agreement with Coalition Company to supply its products to Benghazi, valued at nearly <strong>$2 million</strong>. This move comes amid notable activity in construction and reconstruction projects in the Libyan market.
Member of the Shura Council, Raida Abu Nayan, has called for a study to abolish fees imposed on foreign labor in the construction sector to reduce housing costs for Saudi citizens. This was discussed during a council session chaired by Sheikh Abdullah Al Sheikh via video conference.
Singapore is set to complete its first 3D printed pedestrian bridge in the Jurong West area by 2028. This initiative aims to enhance construction productivity amid labor constraints.
Economic reports indicate a significant rise in scaffolding market revenues due to World Cup and infrastructure projects. These initiatives have greatly boosted the demand for scaffolding, reflecting growth in the construction sector.
Recent decisions by President Donald Trump's administration have impacted efforts to expand artificial intelligence data centers within the United States. Despite Trump's emphasis on the importance of these centers, significant obstacles remain.
The Abu Dhabi Municipality has announced the mandatory registration of engineers in the licensing system for the construction sector. This decision aims to enhance quality and safety standards in construction projects.
Taliban has unveiled an innovative project named 'Smart Plastic House' aimed at enhancing sustainability in the construction sector. The project utilizes recycled plastic materials to reduce environmental impact and improve energy efficiency.
Orascom Construction announced it will achieve profits of <strong>$205.7 million</strong> in 2025, reflecting the company's strong performance amid current economic challenges.
Indonesian Minister of Agriculture and Spatial Planning, Nushron Wahid, has proposed an additional budget to implement a program for building <strong>3 million homes</strong>. This initiative aims to improve housing conditions for citizens, especially in densely populated areas.
Saudi Arabia recorded a significant increase in the number of building permits issued, with a rise of <strong>19.6%</strong> in January compared to the same period last year. This development reflects a growing activity in the construction sector.