Tag: European Union

London has most expensive construction costs in Europe, second in the world



  • The International Construction Costs Index published by Arcadis, analyses the relative costs of construction across 44 major cities, and also shows a crucial imbalance in London’s expensive construction market.
  • London is the most expensive city in Europe and the second most expensive city worldwide in which to build, according to an index from a global design and consultancy business.
  • At the other end the least expensive cities for construction are Taipei, Bangalore, Bangkok, Kula Lumpur, Ho Chi Min, Bucharest, Prague, Sarajevo, Sofia and Jakarta.
  • Overall the top city is New York, with Hong Kong in third place followed by Geneva and Macau.
  • Cost premiums in the top cities range from 40% to 60% in comparison with other European counterparts.


Source

BIM is ‘wake up call’ for Qatar’s contractors



  • RELATED ARTICLES: Revealed: How BIM can help procurement managers | BIM for FM: A Bird’s Eye View | How is BIM transforming GCC project delivery?
  • With Qatar’s rising number of projects – from skyscrapers to stadiums – what can be done to further encourage BIM adoption in the country?

  • Contractors adopting BIM across the whole project delivery would enhance Qatar’s standing as an innovation hub, while driving the country’s competitiveness on a global scale.

  • But on a countrywide level, the adoption of BIM by contractors lags behind the region and the rest of the world.
  • With BIM, organisations can deliver projects on time, on budget, and with a goal towards sustainability.


Source