As Tokyo Electric Power Co. continues to battle the problems at its Fukushima Daiichi powerplant—on April 11 it reported another hydrogen explosion at Unit 1—the firm and the country are beginning to prepare for cleanup and reconstruction. At a World Economic Forum on Global Risks, Japan's Chief Cabinet Secretary Yukio Edano said that the regions hit by the March 11 earthquake and tsunami will be rebuilt as early as possible to withstand natural disaster. “We will create ecotowns that are fully equipped with district heating, utilizing plant matter and biomass from the region and cultivating features of communities that thoroughly
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.