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] Delivering Member States' plans regarding nuclear energy will require significant investments, of €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. European Commission Representation in Cyprus
• [New] The eco and ethical programme is an ambitious, customer focused plan that builds on the success of the first 10 years of Plan A and will support 1,000 communities, help 10 million people live happier, healthier lives and convert M&S into a zero-waste business. Marks & Spencer
• [New] We are expanding at pace because the UK has a once-in-a-generation opportunity to consolidate its global lead in hydrogen aviation and build a strong domestic manufacturing capability. HydrogenWire
• [New] The Australia-Vietnam Green Economy Program, with its capstone summit, will drive new collaboration between Australian and Vietnamese businesses in the green economy, create trade and investment opportunities, and build connections among leading experts in the bilateral relationship. Scribd
• [New] The extra billions Drax is seeking could help build enough wind and solar capacity to power millions of homes. The Guardian
• [New] At a time of growing global uncertainty - amid trade disruptions, rising inflation, climate change and international instability - Canada is looking for ways to strengthen its economy, create good jobs and build lasting resilience. The Globe and Mail
• [New] US Warns UK Over Chinese Turbine Factory - The US raised national security concerns with the UK government over plans by Chinese wind turbine manufacturer Mingyang to build a factory in Scotland to supply North Sea offshore wind projects. Geoharvey
• [New] The Building Canada Act aims to boost investor confidence, accelerate construction, and create economic opportunities, particularly for Indigenous communities through an expanded $10 billion Indigenous Loan Guarantee Program. Immigration News Canada
• [New] The EU's Next NDC: An Opportunity To Strengthen Energy Security And Industrial Competitiveness is a collaboration with Corporate Leaders Group Europe which builds on the Business Call to Action for Ambitious and Investible NDCs released last year. We Mean Business Coalition
• [New] TEMPO.CO, Jakarta - Pertamina New & Renewable Energy (Pertamina NRE) will build a solar panel factory in collaboration with a Chinese company to support the plan to export electricity to Singapore. TEMPO.CO
• [New] Russian state nuclear corporation Rosatom and the PRC's state-owned China National Nuclear Corporation will lead separate consortia to build the first two nuclear power plants in Kazakhstan. Institute for the Study of War
• [New] With construction expected to begin later this year, the LIT project will strengthen Louisiana's multimodal infrastructure, expand port capacity, and unlock unprecedented access to inland markets. Sitename
• [New] In the UK since Hinkley Point C (3.62 GW, operational 2030) started construction in 2017, the UK has installed 14 GW of wind capacity and 3.75 GW solar capacity. Zero Carbon Capital
• [New] A SEMI-COKED COAL PLANT TO BE FULLY OPERATIONAL BY 2027 Authorities have announced plans to build a semi-coked coal plant on a 90-hectare site at the Baganuur mine. MongolBeat
• [New] Across the pond in the UK, Orsted announced the cancellation of its Hornsea 4 offshore wind energy project, citing challenging supply chain costs, higher interest rates and increased construction risks. Oxbow Partners
• [New] In the short term, a rapid buildout of solar on existing and anticipated mine closures could provide 259,700 permanent jobs, and 317,500 temporary and construction jobs globally. Global Energy Monitor
• [New] China will offer 3,000 training opportunities to Central Asian professionals over the next two years to help build local capacity in various fields. anewz.tv
• [New] Kazakhstan and China agreed to build a large pumped-storage power plant to support renewable energy and a coal gasification facility that will produce 2 billion cubic meters of gas annually - projects expected to create jobs and enhance energy security. anewz.tv
• [New] Saronic Technologies, fresh off a $600 million Series C funding round, plans to build Port Alpha, a next-generation shipyard to produce unmanned surface vessels at scale. Inside Unmanned Systems
• [New] The Crown Estate is setting up a new Supply Chain Investment Programme worth GBP 350 million (approximately EUR 410 million) to invest in the construction of new port and supply chain infrastructure that will support accelerated delivery of UK offshore wind projects. Offshore Wind
• The New South Wales Government will spend one million dollars to build a new film studio in Sydney, to help make local and international movies. SBS News
• The UK Export Finance agency allocated an additional £5 billion to back new business projects in Morocco, with British firms expected to play a major role in building infrastructure for the 2030 World Cup, which Morocco will co-host. Hespress English

Last updated: 25 June 2025