construction sector

VACB’s 'Operation Parpidam' has uncovered widespread municipal corruption in Kerala’s construction sector. Statewide inspections reveal that networks of corrupt officials and agents have driven up construction costs for ordinary families.

Artificial-intelligence usage by American firms increased to 20.6% in June, with growth in the construction sector offsetting drags in other areas. Goldman analysts note the impact of AI on the job market remains narrow.

Mexico’s economy grew 2.2% annually in April 2026, driven by a 10.2% surge in construction linked to FIFA World Cup projects. The secondary sector expanded 1.8% annually, while the tertiary sector grew 2.4%, with wholesale and health services seeing significant gains.

Russia's construction sector faces a severe slowdown amid a wartime slump, described as the industry's 'most serious stress test since the 2009 crisis.' The crisis risks spilling over into the broader economy.

The construction sector is central to the EU’s climate objectives, as buildings contribute significantly to energy consumption and greenhouse gas emissions. Hybrid construction is highlighted as a solution to address both climate and housing crises, with initiatives like the European Affordable Housing Plan and the Circular Economy gaining attention.

A British brickmaker has closed its 139-year-old factory due to the collapse of house building across the country. The closure reflects the significant downturn in the construction and housing market in Britain.

Hong Kong's construction sector is undergoing transformation driven by major public investment projects including the Northern Metropolis, transport, healthcare, and education initiatives. The industry faces pressures from skilled labor shortages and rising costs, accelerating adoption of AI and sector-specific solutions.