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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] To achieve net zero by 2050, all new buildings need to be net zero from 2030, up from less than 5% of new buildings today. IEA
  • [New] JERA will continue to contribute to global decarbonization and solving energy problems by building and expanding low carbon hydrogen and ammonia supply chains in cooperation with leading domestic and overseas companies. HydrogenWire
  • [New] The Federal Emergency Management Agency will deploy AI to help communities plan for and develop hazard mitigation plans to build resilience and minimize risks. U.S. Department of Homeland Security
  • [New] ADB will build on its strong foundations as one of Georgia's largest development partners by providing integrated support for complex infrastructure alongside transformative policy reforms, and enabling private sector development. Asian Development Bank
  • [New] The United Kingdom announced last year that it would inject GBP £3 billion into its Defence Nuclear Enterprise, including the construction of submarine industrial infrastructure that will help to deliver the SSN-AUKUS program. CONTACT magazine
  • [New] ASC will build its sustainment capability for SSNs, including through partnering opportunities with UK and US industry. CONTACT magazine
  • [New] The barrage scheme - the first of a kind in the UK - could generate clean, predictable energy for 120 years and create thousands of jobs in its construction and operation. Good News Liverpool
  • [New] ADB's country partnership strategy, 2021-2025, for Pakistan focuses on three priorities-improving economic management, building resilience, and boosting competitiveness and private sector development. ReliefWeb
  • [New] Countries leading in AI innovation will seek to balance the development imperative with safety concerns, tying financing for capacity building with regulatory support, as is the case for the UK's AI for Development Programme. Carnegie Endowment for International Peace
  • [New] New Albany, Ohio: Funding will establish a new regional economic cluster for U.S. chipmaking with the construction of two leading-edge logic fabs. Business Facilities Magazine
  • [New] Intel's investments are expected to create more than 10,000 company jobs and nearly 20,000 construction jobs, and to support more than 50,000 indirect jobs with suppliers and supporting industries. ESG News
  • [New] Intel's investment in Arizona is expected to create tens of thousands of indirect jobs across suppliers and supporting industries - on top of the nearly 30,000 manufacturing and construction jobs it will create, fostering a more resilient semiconductor supply chain in the U.S. The White House
  • [New] Construction of the first 300 MW MW of nuclear power from SMRs SMRs in Saskatchewan could start as early as 2030 and be operational in 2034 with the potential for construction of another 900 MW MW of SMR SMR generation in Saskatchewan between 2034 and 2042. Ontario.ca
  • [New] The development, construction and operation of SMRs SMRs could support economic and population growth by generating new economic activity and creating high-skilled jobs in Saskatchewan. Ontario.ca
  • [New] Post-secondary capacity building and investment will be an important baseline component for SMRs SMRs in Saskatchewan, with future SMRs SMRs in Alberta to potentially follow. Ontario.ca
  • [New] Stream 1 proposes a grid-scale SMR SMR project of 300 MW MW constructed at the Darlington site in Ontario by 2028. Ontario.ca
  • [New] Six DAC projects are currently under construction, with the largest two expected to come online in 2024 in Iceland (36 kt CO 2 / year) and in 2025 in the United States (500 kt CO 2 / year, with plans to scale up to as much as 1000 kt CO 2 / year). IEA
  • [New] With USAID funding, the WTW parametric solution will be a game changer for building the financial resilience of communities to extreme weather events by helping to unlock much - needed private sector investment in critical adaptation projects in climate vulnerable countries. Artemis.bm
  • Unlike the ice sheet in Greenland that took thousands of years to build, even if we melt all the Arctic sea ice, if we can then figure out how to take CO2 back out of the atmosphere in the future to reverse warming, sea ice will come back within a decade. SciTechDaily
  • As the world continues to tackle climate change, initiatives like the car club will play an increasingly important role in reducing carbon emissions and building sustainable communities. www.watford.gov.uk
  • Silicon Box to build chiplet plant in Italy Three year-old Singapore chiplet startup Silicon Box will invest €3.2 billion in Italy to build a packaging plant in northern Italy. Electronics Weekly

Last updated: 27 March 2024



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