EU to spend €6.2bn on tunnels, roads, rail, and ports

The European Union (EU) has allocated €6.2bn for 107 new projects for the Trans-European Transport Network (TEN-T), including cross-border rail connections, ports, tunnels, and waterways. 82% of the €6.2bn will be spent on transport infrastructure that contributes to EU climate objectives. €250m will be spent on nine projects to upgrade cross-border connections between Moldova and … Read more

Forecast predicts a 12% recovery for UK construction in 2024

Glenigan, a construction insight and intelligence company, has released its UK Construction Industry Forecast 2023-2025. The key message conveyed in this forecast, focusing on the next three years (2023-2025), is that the construction industry will face significant challenges due to extremely difficult economic conditions, with projected declines of 18% in 2023. Nevertheless, there is hope … Read more

Brazil completes 2,260km railway line – 37 years after starting it

The government of Brazil has announced the completion of the 2,260km Norte-Sul railway that will connect the north of the country to the south – work on the project first started in 1986. The railway link, which was recently officially opened by President Lula da Silva, will connect the ports of Itaqui in Maranhão to … Read more

First 3D Printed School in Europe Under Construction in Ukraine

The project at hand utilizes COBOD‘s BOD2 3D printer, which is anticipated to be completed by this month. Notably, this initiative represents a “milestone” as it signifies the establishment of Europe’s first 3D printed school. “We are proud to have delivered the technology that makes this project possible. The proud people of Ukraine deserve all … Read more

Building Material Price Hike Affects Construction Profits

The rise in building material costs is having a big impact on the construction sector. As per the latest insight, more than 65% of the respondents to the survey opined that it is indeed hurting demand, and 70% said that their profits have taken a hit. The construction sector as well as homebuyers have felt … Read more