Singapore Law Watch’s Post

Increase the safe flow passing capacity of an existing bridge using bypass. Case study, Ghare-Tapeh bridge. The cost of construction is 16.5 billion Toman. The cost of deconstruction of existing bridge and building a new one would be 35 billion Toman.

BITUMEN 60/70 IN HIGHWAY CONSTRUCTION Bitumen 60/70 in highway construction is most useful and it is a type of penetration grade bitumen commonly used in highway construction. Its designation, "60/70," refers to the penetration range of the bitumen, indicating its... https://lnkd.in/dDmXe9gG

Good information here on economic conditions in the construction industry and how it affects insurance & risk management procedure. As always IMA is here to assist in protecting our clients and their projects with our comprehensive process!

Economic data coupled with risk management strategies for the construction industry. Thanks Michael Campo, MBA, CPCU, CRIS, ARM, AU and our Construction practice for putting this together!

Understanding the construction industry's response to economic fluctuations is key. Our latest Markets in Focus report covers everything from project stress levels to changes in residential spending. Elevate your strategy with our comprehensive analysis. https://lnkd.in/egw8avWW

Total construction spending across all sectors has shown a significant increase compared to the previous year. Nonresidential spending is up by 20%, while residential spending has risen by 6.8%. Despite stabilized material prices, the industry continues to face challenges such as a shortage of skilled labor and higher interest charges, leading to ongoing stress among specialty contractors. The Project Stress Index has reached one of its highest readings since COVID-19, indicating significant pressure on ongoing projects due to delays and abandonments.

Align JV halts HS2 viaduct build for 'urgent remedial works'

The Pokuase interchange project has won a prestigious FIDIC recommendation award, with Admir Africa participating by having supplied sustainable MSE solutions (25 Fortrac geogrids reinforced walls) for the bridge approach embankments. Geogrid reinforced soil is providing very economic and sustainable alternative solutions to concrete retaining structures, due to very low carbon footprints. This is possible by use of locally available soils, low use of concrete and steel, and low energy consumption. #soil #concrete #sustainable

The creativity of an Iranian boy in road construction. He will become a road engineer in the future.

Heavy Construction Equipment Market Surges to USD 253.52 Billion by 2031, Propelled by 6.81% CAGR - Verified Market Research® The heavy construction equipment market is driven by rapid urbanization, increasing infrastructure development, and technological advancements in machinery, enhancing efficiency and safety. Government investments in public infrastructure and private sector growth also boost demand. However, market growth is restrained by high initial costs, stringent environmental regulations, and fluctuating raw material prices. bit.ly/4deAMHd