10 most expensive cities for construction
New York, London and Hong Kong are the world’s most expesnive cities for construction projects, according to research by Arcadis.
Its experts looked at the relative cost of construction across 44 cities, and the full results can be seen in International Construction Costs Report 2016.
The report concludes that in 2015 every construction market saw the level of cost inflation restricted due to drops in commodity prices.
The 10 most expensive cities for construction according to the index are:
- New York
- Hong Kong
UK Construction Week: winners revealed
The inaugural UKCW Construction Awards took place on the UKCW main stage this week at the NEC in Birmingham. The awards celebrate innovation and excellence for a range of large and small contractors architects, clients and suppliers. The winners were announced by architect George Clarke and main media partner Construction Buzz.
Contractor of 2019 - Sir Robert McAlpine
Construction Client of 2019 - Scape Group
Architectural Practice of 2019 - Grimshaw Architects
House Builder of 2019 - Swan Housing
Construction Supplier of 2019 - Ward
Construction Project of 2019 - Royal Opera House
Construction Employer of 2019 - Aylaa Exclusive
Digital Pioneer 2019 - Atkins
Modern Methods of Construction Pioneer 2019 - Mace
Production Innovation Award 2019 - Laing O'Rourke
Sir Robert McAlpine is celebrating its 150th anniversary and has stated: "Our 150th anniversary celebrations have been hard to miss on a number of sites across the country thanks to the presence of specially produced panels incorporated within our hoardings. This milestone year provided the opportunity to honour the vision and hard work of all those who have played their part in our long and successful history.
Nathan Garnett, event director at UK Construction Week, commented:
“We have wanted to host these awards for some time, but this year it was made possible by our industry Role Models who gave us their very honest and forthright views on who should receive these accolades.
“The businesses chosen as winners from a shortlist of more than 60 companies have convinced the toughest of judges – the people who are part of their delivery partners or supply chains, and the people who are inspiring others to join the construction industry.
“So it is great to be able to recognise the excellence we see all around us in this sector, and the businesses who are forging ahead on innovation despite the climate of uncertainty that is affecting construction so badly. They are beacons of light for the whole sector.”
UK Construction Week (UKCW) consists of multiple sections: Build, Building Tech, Civils, Energy & HVAC, Surface & Materials and Timber along with the newly launched Concrete Expo and Grand Designs Live. Next year's event takes place at Birmingham's NEC October 6-8.