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] The eagerly anticipated Future Homes Standard, set to come into full effect, mandates that most new build homes in England will include solar panels, embrace low-carbon heating systems like heat pumps, and meet far more stringent energy efficiency standards. FocusNews
• [New] Greater Eurasia offers an opportunity to build a new model of regional influence: one that is multipolar, pragmatic, and rooted in mutual respect. SOTT.net
• [New] Between 2025 and 2030, a total of nearly 295 bcm / yr of new LNG export capacity is expected to come online from projects that have already reached FID and/or are under construction, marking the largest wave of capacity additions to date. IEA
• [New] Renewables generation is projected to grow by over 450 TWh to meet data center demand to 2035, building on short lead times, economic competitiveness and the procurement strategies of tech companies. IEA
• [New] Japan's Suntory plans to build a 16 MW power-to-gas plant aimed at producing green hydrogen to support its distillery operations. NenPower
• [New] In the short term, the FTA is expected to drive a sharp rise in trade volumes: more Indian garments, home textiles, and technical fabrics in UK stores, and increased visibility of British fashion and specialty textiles in India. Fibre2Fashion
• [New] Between 2025 and 2030, a total of nearly 290 bcm per year of new LNG export capacity is expected to come online from projects that have already reached a final investment decision and are under construction. IEA
• [New] Boost to Gaganyaan & Space Station Plans: Mission complements India's ambition to launch its own crewed space mission and build an Indian space station by 2035. INSIGHTS IAS - Simplifying UPSC IAS Exam Preparation
• [New] If effectively implemented, digital solutions could reduce global greenhouse gas emissions by 15-20% by 2030, especially by improving efficiency in the construction, energy, transport and manufacturing sectors. Telefonica
• [New] India's nuclear expansion plan includes raising total capacity from 8,180 MW to 22,480 MW by 2031-32, with reactors under construction in several states. OpIndia
• [New] Building on the partnership success, a second infrared camera sibling will equip Hydrosat's Vanzyl-2 satellite scheduled to launch during the summer of 2025. AZOM
• [New] As cyber threats in Nigeria continue to evolve, businesses must adopt proactive cybersecurity measures to safeguard critical assets, ensure regulatory compliance, and build cyber resilience. New Telegraph
• [New] The US dollar is down ~10 pc YTD and could weaken further in July as economic data softens and expectations build for a dovish Fed pivot. Grain Central
• [New] By 2035, the Biden administration envisions 35 GW of new nuclear capacity in operation or under construction. GreenBusinessBarbados.com
• [New] The UK construction industry is experiencing a cautious recovery in 2025 with three consecutive months of positive growth, but faces its most severe labour shortage in decades that threatens to constrain a historic £34 billion pipeline of major projects starting in 2025. UK Construction Blog
• [New] Russian assistance could similarly prove instrumental as North Korea seeks to benefit from a new suspected light water reactor at Yongbyon that has been under construction for more than a decade and may now be operating. Macdonald-Laurier Institute
• [New] Residential buildings present the biggest opportunity for reducing gas use in Victoria - efficient electrification could drive a projected 64% drop in gas use between 2025 and 2035. HVAC&R News
• [New] Teams will be more global, integrating new talent, new methods, and building on strategies used by other clubs in the world. archyde
• [New] The UK's population is expected to reach 73.6 million by mid-2034, creating a sustained demand for housingMorningstar anticipates an underlying demand for new construction of an average of 260,000 homes annually over the coming decade. Morningstar, Inc.
• [New] The European Commission's Energy Performance of Buildings Directive requires buildings to minimize greenhouse gas emissions by 60% by 2030 and go completely carbon neutral by 2050. Space Refinery
• [New] With major UK housing and infrastructure projects on the horizon, experts predict continued EO growth in construction. Construction Wave
• [New] Revisions to Building Regulations to implement the Future Homes and Buildings Standards have been delayed, and the proposed transition arrangements mean that buildings will still be constructed with fossil fuel boilers in 2027. Climate Change Committee

Last updated: 02 July 2025