Despite the headwinds facing the world economy, the global construction sector entered 2019 with significant momentum, having seen growth of five percent in 2018.
It is nearly universally accepted that good infrastructure has significant benefits for the economy and peoples’ quality of life. Kenya currently has a predicted annual infrastructure spend of US$6.5bn a year by 2030.
The Royal Institution of Chartered Surveyors (RICS) has launched an insight paper which explores the impact of using artificial intelligence (AI) in the built environment, and the urgent need for industry professionals to understand how it will influence their areas of operation, as technology has a far greater role to play in the future.
British building materials supplier Travis Perkins says up to 600 jobs are at risk from the uncertain economic outlook arising from Brexit.