Building & Engineering
Construction sector stagnates due to rising costs and competition
Construction sector stagnates due to rising costs and competition
Private and non-private residential construction works also fell in 1Q24.
Times China hit with winding-up petition
The petition was filed over financial obligations of US$173.2m and $731.4m.
PolyU researchers discovers new method to prevent microbial corrosion in marine concrete
Biomineralisation was found to be the most effective strategy to curb microbial corrosion.
Waste management tops ESG focus in Hong Kong construction
Eight in 10 firms practice waste recycling.
CR Construction’s revenue declined 15% in FY2023
The company’s net profit also decreased 1.0% in FY2023.
HKPC, HIT ink MOU on U&T development in environmental engineering
The collaboration will bring new opportunities for green development in Hong Kong and the Mainland.
Housing Bureau inks MoU on construction industry transformation
The MoU covers three areas for collaboration.
Isolation facilities to be used for Hong Kong-Shenzhen I&T Park
The lands used were formerly housing community isolation facilities.
Gov’t signs construction tech pact
Under the pact, agencies will explore technologies that can enhance construction efficiency and safety.
ifc mall attains certification from the US Green Building Council
The establishment is the first mall to receive such recognition in Hong Kong.
HK approves contracts for 4,680 workers in the construction sector
The Labour Department expects the imported labour to alleviate manpower shortage.
ESR and Chinachem to build Hong Kong's biggest cold storage facility
30% of the site will be slated for greenery.
Tender prices in HK construction market to grow 4.0% in 2023
The city's post-pandemic appetite for megaprojects might raise the prices for materials and labour.
Gross value of construction works rises 3.8% YoY to $59.5b in Q2
Of the total, $15.2b were from construction works performed at private sector sites.
Hongkong Land’s emission reduction targets get SBTi approval
It is the fourth real estate company in Hong Kong that secured approval.
Hongkong Land joins initiative to limit temperature rise to 1.5°C
The campaign is spearheaded by the Science Based Targets initiative.
Israel and Hong Kong forge fertile business bonds
The Head of Economic and Commercial Mission for the Consulate General of Israel says several of its companies are keen on entering the Hong Kong...
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