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] As demand increasingly concentrates in the highest-quality buildings and future supply remains constrained, we remain highly confident in the long-term outlook for prime offices and continue to see opportunities to create value through repositioning and redevelopment across London and Europe. Mishcon de Reya LLP
• [New] As construction and extraction activity expands across South and Southeast Asia, Sub-Saharan Africa, and Latin America, the demand for basic-to-intermediate workplace safety systems will likely rise in proportion. Persistence Market Research
• [New] Another focus is putting AI at the center of scientific research and instituting more aggressive national goals, such as recent pledges to deploy a powerful quantum computer by 2028 and have 10 new large nuclear reactors under construction by 2030 to boost electricity production. Mimir's Well
• [New] Construction inflation is forecast to reach 6% by mid-2026. Insurance Asia
• [New] A Canadian manufacturing operation could create construction and assembly jobs, generate orders for domestic suppliers and make use of underutilized industrial capacity. Policy Magazine
• [New] Dual UK has increased its construction capability capacity for project contractors all risks / renovation cover to over £25m with backing from Axa XL, Great American International Insurance (UK), and other A rated capacity partners. Insurance Age
• [New] Upgrading residential buildings will help Australia develop a clean energy grid and ultimately achieve net zero emissions. Climateworks Centre
• [New] Companies have increasingly referenced ageing populations and labour shortages in annual reports and earnings transcripts, while labour availability is becoming a bankruptcy risk for companies in Japan and a key bottleneck for construction and the new energy buildout. Bank of Singapore
• [New] The US wind industry is on track to connect more than 53 gigawatts of capacity through 2030, as a surge in construction activity prompts Wood Mackenzie to raise its five-year greenfield outlook by 5% quarter-on-quarter. WoodMac.Site.Features.Shared.ViewModels.Metadata.Publis
• [New] A nationwide shortage of skilled workers could slow the construction of new semiconductor manufacturing plants across the United States and limit future chip production unless industry and government take additional steps to strengthen the workforce. -
• [New] Under current conditions the construction of new nuclear power reactors would not be competitive, but could become profitable with lower construction costs, risk mitigation and state subsidies. Innovation News Network
• [New] Coordination between utilities and distributed options will be essential for New York City to meet its clean energy and climate goals, particularly as it looks to reduce emissions from buildings. Yahoo! Finance
• [New] The European Commission's Renovation Wave Strategy aims to double the annual rate of building energy renovation by 2030, targeting 35 million buildings for deep retrofit across EU member states. Persistence Market Research
• [New] 65% of global construction growth for the next decade will happen in emerging markets. Shaping Tomorrow
• [New] Among established uses, cooling demand in buildings is the fastest growing, with the stock of residential air conditioners set to triple by 2035. / Japan IEA
• [New] The Construction category is expected to exhibit a CAGR of approximately 3.7% over the forecast period, supported by the housing development sector, which accounts for 40% of global concrete consumption. Claight Corporation (Expert Market Research)
• [New] Scenario B: US crewed lunar landing slips past 2029 due to compounding HLS delays, China achieves its 2030 crewed landing and ILRS basic construction begins in 2031 with established Chinese technical standards. Mapshock
• [New] China plans Chang'e-7 for late 2026 and a crewed landing for 2029 or 2030 per CNSA official statements and Chinese state media, with ILRS basic construction beginning in 2031. Mapshock
• [New] On current trajectories, global construction output could fall short of demand by around forty trillion dollars cumulatively by 2040, with a skilled-labour shortage compounding the problem as an experienced generation of workers approaches retirement. Highways Today
• [New] In 2026 the production use cases for agentic AI in construction are narrow: drafting RFIs, first-pass submittal review, tender and bid analysis, daily logs, and schedule risk detection. Tommaso Maria Ricci
• Construction is scheduled to start in the second quarter of 2025 and to run until the end of 2027. / Germany ILF.com
• With a high proportion of tunnels, ongoing construction phases, and additional tunnels planned across international borders, a highly efficient and environmentally friendly infrastructure project for Europe is set to be completed by the end of the 2030s. ILF.com

Last updated: 29 July 2026