With most of the world’s economies still searching for a way out of their economic woes, global transportation design and construction firms are finding solace in markets that largely have escaped the downturn’s most devastating effects. Photo: Courtesy of Aecom Hong Kong’s XRL costs $8.6 billion. Photo: Courtesy of Parsons Brinckerhoff The list of Asian projects includes the expansion and modernization of the Indira Gandhi Airport. Related Links: Overview: Finding Work in Tough Times View Complete Global Sourcebook with Rankings General Building: Firms Say World Market Is Thawing, Albeit Slowly Power: Growing Demand Fuels Worldwide Boom Environment: Global Expansions Yield
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.