CMIC president warns that workers may soon lose salary
The national president of the Mexican Chamber of the Construction Industry (CMIC), Eduardo Ramírez Leal, has warned that the minimal operation of smaller construction companies ...
Construction
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Pakistan announces the much-anticipated construction package
Pakistan's Prime Minister, Imran Khan, last week announced the much-awaited Construction Package, which is mainly comprised of tax incentives for the construction industry. The ...
Government relief package expected for construction sector
Pakistan's Prime Minister, Imran Khan, is likely to announce a relief package for the construction industry and issue a directive for the resumption of all China Pakistan Econom...
Bangladesh construction and cement sectors meet COVID-19 challenges
The Bangladeshi cement and construction industries have been directly and indirectly affected by the ongoing measures taken by the country's government to control the spread of ...
US growth settles down
While the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Associati...
Australian contractors on the brink of collapse
Australia's construction industry is said to be on the brink of collapse, according to John Holland's CEO, Joe Barr. The building contractor reported losses of US$1bn in Februar...
Uzbekistan: time to celebrate? Premium
Following a dramatic rise in construction activity, the Uzbek cement industry has seen local sales surge. To meet this increasing demand, existing producers are expanding their ...
Malaysia's construction sector to grow by 4% in 2020
Malaysia's construction sector will expand by 3.5 per cent, in real terms, in 2020, according to a report by Fitch Solutions. Nominal growth of the country’s construction sector...
FDI grows in Pakistan but cement and construction sectors lag behind
Pakistan received a net total foreign direct investment (FDI) of US$1.563bn during first seven months of FY19-20 (July 2019 - January 2020) compared to US$943.6m in the comparat...
Pakistan construction sector likely to be declared as industry
While chairing a recent construction meeting, Pakistan's Prime Minister, Imran Khan, stated that a decision has been taken, in principle, to declare the construction sector as a...