The contractor's appointment as project management consultant on the Saudi Arabia-based event has been a “journey of many decades,” says Public Infrastructure General Manager Jacob Mumm.
The economic fallout from the Trump administration tariff war has already breached jobsites through acute materials cost increases and accelerated project timelines, say specialty contractors ranked this year.
Federal funding clawbacks targeting sustainability-minded programs are expected to stunt U.S. 2050 emissions goals by as much as 7 billion tonnes by 2030, experts warn.
Top 400 Contractors say cracks in consumer confidence are becoming more evident as owners cancel some projects and pause others amid confusion over the Trump administration’s “America First” agenda.
The project, set to start construction in 2028, is part of Denmark Forward, the largest federal infrastructure investment in Scandinavia history, estimated to cost $24 billion.
Challenges abound for the Top 250 International Contractors as revenue numbers show regional conflicts—with supply chain disruptions and cost volatility rocking some global markets and roiling others to a point of diminished returns.