The global construction market to recover in 2021 but BRI under the spotlight
Thursday, 26 November 2020
The global building and construction spending slumped in 2020, expected to reach $4.7 trillion in real terms. COVID-19 remained the main culprit for dragging the market downward. The global building and construction market is expected to recover in 2021. China is the largest construction market in the world, followed by the US. China started Belt
- Published in Construction
Afghanistan Cement Market
Friday, 06 November 2020
Afghanistan is a landlocked country, and almost all of its domestic cement demand is imported from its neighbouring countries. Most of the cement imports come from Pakistan followed by Iran, and together they both account for 99% of the total Afghanistan cement imports. Afghanistan is dependent on imported cement Based on the trade statistics, Commodity
- Published in Construction
Cement market faces uncertainty in the short term
Thursday, 07 May 2020
Lockdown created a tougher environment for cement producers around the world. Some governments have now realised the importance of the cement industry and included cement manufacturers to the exemption list though others are still contemplating. However, the exemption is not enough to drive the cement supply to normalcy. The issue is hydra-headed and goes deep
- Published in Construction
Global Cement Industry: Recent Developments
Wednesday, 17 July 2019
There have been various developments in the global cement industry recently. We tracked several mergers and acquisitions (M&As) across the world. Some of them are stated below. In Somaliland, Raysut Cement and MSG Group formed a partnership in July 2019 for making a new cement grinding plant in Berbera, Somaliland. The project would see an
- Published in Construction
3D Printing Technology to Revolutionise the Building and Construction Industry
Thursday, 03 May 2018
3D printing technology is making inroads in the construction industry and turning it more productive, cost-effective and efficient. 3D printing is now used for building complex structures of buildings, bridges, roads, etc. Coupled with Business Information Modelling (BIM), 3D printer can be very effective which can turn complex building structures into reality with accuracy and
- Published in Construction
Global Construction Market: Analysis of Major Emerging Trends and Developments in the Next Decade
Wednesday, 02 May 2018
The global construction and infrastructure industry is rapidly evolving and showing new trends and developments. Once considered the least productive industry, is now advancing towards efficiency through automation, digitalisation, advanced materials etc. On the technology side, 3D printing, drones, robots, GPS tracking are some of the tools the industry has already started using in various
- Published in Construction
The global cement and concrete market is expected to see substantial changes
Wednesday, 18 April 2018
The global construction industry is showing substantial growth which has been driving demand for cement and concrete. One of the key drivers behind the growth is urbanisation particularly in emerging markets. Meanwhile, rising per capita income is also underpinning demand for cement and concrete in the residential construction sector. On the other hand, to provide
- Published in Construction
The advanced glazing glass market to show substantial demand growth
Thursday, 05 April 2018
The advanced glass is changing the face of construction. Today we have a variety of advanced glass used for glazing which are performing various functions in addition to providing a nice look to the building. The market has been grown very fast recently and now account for a considerable share in the total construction glass.
- Published in Construction
OBOR and the railway infrastructure market
Tuesday, 14 November 2017
The One Belt, One Road (OBOR) is the Chinese government global initiative to connect China with rest of the world through roads, railways, ports and gas pipelines. With the enormous potential investment of $900 billion, the project was initiated in 2013 by the Chinese President Xi Jinping, and is considered the most massive overseas investment
- Published in Construction, Steel
One Belt, One Road — the main beneficiary
Thursday, 08 June 2017
In 2013, China’s president, Xi Jinping, proposed the ’One Belt One Road (OBOR) initiative, to create the world’s largest platform for trade and economic development. The State Council authorised the plan in 2015 comprising of two components, the silk road economic belt and the maritime silk road, creating a network of roads, railways and waterways.
- Published in Construction, Steel
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