Global Scans · Construction · Weekly Summary

WHAT'S NEXT?: 65 per cent of global construction growth for the next decade will happen in emerging markets. Smart cities, sustainable construction, greater urbanization and pre-fabricated buildings will all play their part in future construction growth.

• [New] Electric vehicle recharging infrastructure and sufficient parking spaces for bicycles will have to be provided in new buildings to help facilitate more sustainable transport within the broader context of a carbon-neutral Europe. Energy
• [New] As Zimbabwe looks towards a future of economic growth and infrastructure development, initiatives like the ZBCA's Youth Desk will play a vital role in shaping the trajectory of the construction industry. The Standard
• [New] The Net-Zero Europe Platform that will be operational following the entry into force of the NZIA presents a unique opportunity for the European Commission and Member States to explore existing funding opportunities for net-zero strategic projects and build potential synergies between them. Global CCS Institute
• [New] As there is still ongoing construction of gas power plants in some EU Member States, potentially remaining operational by 2040, it is important to consider CCS for the abatement of fossil fuels in power generation. Global CCS Institute
• [New] LIFT is a capital plan spanning more than a decade, investing billions of dollars into Toronto Pearson's facility through several construction programs aimed at preparing Canada's largest airport for the challenges and opportunities of the coming years and beyond. Pearson Airport
• [New] Another AI enterprise, the Earth Species Project, hopes to create dialog with other species and build chatbots that could translate human language into hummingbird or humpback. Reasons to be Cheerful
• [New] CERN's Neutrino Platform houses a prototype of the Deep Underground Neutrino Experiment known as ProtoDUNE, which is designed to test and validate the technologies that will be applied to the construction of the DUNE experiment in the United States. phys.org
• [New] There is a plan right now for India to build more pumped hydrogen, 18.8 gigawatts by 2032, out of an identified Indian resource of 106 gigawatts. CleanTechnica
• [New] Further work to boost regional security is taking place between the UK and US via the AUKUS programme, which will see the construction of conventionally-armed nuclear-powered submarines to be delivered to Australia's navy. GOV.UK
• [New] Coal plant retirements were expected to pick up speed across Europe and the US in 2024, and fewer countries were beginning construction of new plants. The Guardian
• [New] Iranian officials have publicly threatened to retaliate against Israel for its attack on an Iranian consulate building in Syria, and Israeli officials say they are preparing for a possible unprecedented direct attack from Iranian soil. Just Security
• [New] U.S. electric demand is projected to increase considerably in coming years, with a resurgence in U.S. manufacturing alongside demand from new data centers, electric vehicles, and building electrification. Solar Power World
• [New] In a breakdown of the predicted ¥1 quadrillion costs, the long-term economic impact caused by damage to roads, ports, and production facilities would be ¥954 trillion and damage to buildings and other property would be ¥47 trillion. Euro ES Euro
• [New] The military is moving ahead with plans to build a pier off the Gaza coast to increase the delivery of humanitarian aid, and initial operations will probably be ready to start by the third week of this month. AP News
• [New] The United States could bolster the involvement of African civil society in its efforts to build transparency and accountability in the critical minerals sector, including by providing more support for US Agency for International Development (USAID) activities and other US government programs. United States Institute of Peace
• [New] The United States might sell Canada not newly built nuclear submarines, which pose serious problems for Australia's construction, but as with the option with Great Britain, they will get rid of old submarines equipped with Los Angeles-type nuclear power plants. Navy Naval News Navy Recognition
• [New] Cooling demand for residential buildings is set to increase by 115% by 2050 under BNEF's Net Zero Scenario, and heating demand is set to be twice that. BloombergNEF
• [New] Vietnam will aim to start building two high-speed railway lines linking its capital city Hanoi with China before 2030. MarketScreener
• [New] The United States has resorted to airdropping food into Gaza and plans to build a floating pier at sea to deliver aid, a proposal criticized by 26 nongovernmental organizations, including Human Rights Watch, as risky, expensive, and ineffective. Human Rights Watch
• [New] Since coming to power in 2014, Sisi has prioritised the construction of multibillion-dollar projects, including an extension to the Suez Canal and 38 so-called smart cities to be completed by 2050. The Guardian
• [New] The technology that will be used in the scalable solution is already showcased in a first - of-its-kind decarbonised flexible power generation and carbon capture plant that is currently under construction in Rhodesia, Nottinghamshire in the UK. MarketScreener
• Building on the success of public consultations and the Hydrogen Strategy Working Group, Ontario will continue to meet with hydrogen sector stakeholders to gather information on additional pilot projects and research opportunities to help advance Ontario's low-carbon hydrogen economy. Ontario.ca
• Inflation may be stickier, and interest rates higher, than markets expect, citing the costs of building a greener economy, restructuring global supply chains, boosting military expenditure and battling rising healthcare costs. The Guardian

Last updated: 17 April 2024