When ethnic violence erupted last summer in northern Kosovo, builders of the country’s first modern motorway found the project’s sole supply quarry inaccessible behind roadblocks. The U.S.-Turkish construction team scoured the Balkans for aggregate and secured an alternate source just in time to continue work. The team recently completed the highway’s first section.
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.