The annual International Construction Cost Index (ICC) by global design and consultancy organisation Arcadis indicated that social unrest in the second half of 2019 and COVID-19 this year have hit the construction industry hard, while environmentally friendly practices need to be more widely integrated to ensure a carbon-neutral future. More
The Ministry of Finance has cut fees across a number sectors – including construction, tourism and banking – in a bid to bolster the business community in the face of the ongoing coronavirus outbreak. More
Green building practice becomes more widely recognised across key ASEAN countries, thanks to rising environmental awareness, as well as incentives to save energy and resources. Hong Kong companies in the construction and building sector may tap the growing potential by introducing new green technologies and providing eco-friendly solutions. More
In a bid to enhance the management and oversight of the construction sector, an information-sharing platform – complete with a blacklist of organisations and individuals who have previously contravened any relevant laws or regulatory requirements – is to be established. More
Hong Kong public infrastructure expertise is set to play a pivotal role in Central Africa following the signing of a memorandum of understanding between the government of the Republic of Chad and Hong Kong’s Hsin Chong Group.