The latest construction news from around the globe…
Catch up on what’s going on in construction this week. From national Trench Safety Stand Down Week to the first online zoom-based construction technology trial, we’ve got you covered on all the industry news from around the world.
Procore ANZ Survey Shows Lower Builder Confidence and Higher Contech Investment
According to the company’s most recent report, Australian builder confidence has dropped below 40%, compared to 69% at the start of the year. Despite these grim numbers, the report also demonstrates that nearly half of surveyed builders report relying on contech to manage and mitigate risk.
Impact of COVID-19 on the Energy Supply Chain
With the construction sector accounting for significant portion of the world’s energy and oil, many are wondering how COVID-19 will influence supply and demand patterns. While long-term effects still remain to be seen, some analysts say this could be a large catalyst for increased green building and development.
5 Tips for Reducing Project Interruptions
Reducing setbacks and forecasting risk should always be at the forefront of any construction project. However, there are a number of other strategies you and your company can implement to further mitigate interruptions, check them out here.
First Online Construction Trial Over Takes Place Over Zoom
In the UK, the first ever Zoom-based construction and technology trial took place this week, representing a “big shift” in the way cases are now being conducted. Bill Barton, director of Barton Legal, said: ““The significance of the case is huge. Technology is powering what could be one of the biggest shifts in English courtroom history.”
How the Second Wave of Coronavirus Will Affect Construction
Despite some positive signs that the industry and the economy as a whole are recovering, experts predict that there will be another wave of coronavirus in the coming months. Here are some precautions that contractors can take to ensure they are not hit with more economic and health backlash.
Procore Construction Activity Report Sheds Light on US Job Loss
As we mentioned last week, the AGC’s most recent survey shows that approximately 975,000 construction jobs were lost between March and April. Procore Technologies delved deeper into this data to look how states and regions are differing. Get the full break down here.
Checklist for Construction Business Success
Per George Hedley, professional construction BIZCOACH and industry speaker, here is a business-centric checklist to help standardize and carry out important processes.
National Trench Safety Stand Down Week
Sponsored by the National Utility Contractors Association, Stand Down week highlights the importance of training and education on trench safety in the field. The week will take place June 15-19 and will consist of a series of organized events held by NUCA, according to Equipment World.
NSW Government to Inject $1.8 Billion of Construction Projects into the Economy
After they were fast tracked for approval by the NSW government, six projects in Western Sydney are set to kick off in the coming months. The projects are expected to produce approximately 16,000 jobs and will hopefully reignite statewide economic activity.
South Korean LED Facade Shows Mesmerizing Wave Sequence
If you have an extra moment, check out this LED signage that displays a crashing wave. Equipped with matching audio, the wave looks almost life-like.