Items Tagged with 'International Construction'

Move against $4.4B Detroi-Windsor, Ontario megaproject injects political risk for contractors, border agencies and cross-border freight timelines this year

This year, 32 projects—located in 24 countries—are recognized as exemplary examples of innovation, quality and hurdles overcome in global design and construction.

India’s $1.4T infrastructure drive took center stage at the RAHSTA Expo in Mumbai, where leaders debated financing, digital tools and sustainable highways shaping global opportunities.

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.

The key trends of 2024 will persist into 2025: Material price stabilization, labor shortages, growth in digital infrastructure and renewable energy construction, with 2-6% average cost escalations.

From 120 contest entries, this year's Global Best Projects judges selected 35 winning projects—located in 19 different countries—for demonstrating construction and design excellence while overcoming tremendous challenges.

The coming year presents a complex landscape for the construction industry. Cost, risk and growth will be impacted by geopolitical turmoil, inflation and increased regulatory complexity.

In this eleventh year of the annual ENR Global Best Projects Awards, a panel of industry judges selected, among more than 100 entries, 31 winning projects from 23 different countries.

While each global region has its own set of challenges, a moderate escalation of construction costs is a certainty for many regions across the world.

Comparing Top 225 International Design Firms revenue from 2020 to 2021 reveals a market at times paralyzed by project risks.