Industry News

18% average construction industry growth observed in Uzbekistan between 2013 and 2015

The construction industry has been among the major drivers of the country’s economic growth over the past ten years. Between 2006 and 2015, the country’s construction output surged in real terms by 16.3% on average every year, and by 17.8% in the last three years. Strong growth in the construction… Read more »

Dubai, United Arab Emirates; 14 December 2016 – The GCC projects market is expected to record at best $120bn worth of contract awards in 2016, down at least a third on 2015 levels and well below what was initially forecast, as low oil prices severely impact government expenditure, according to… Read more »

Faithful+Gould & Saudi Council of Engineers hold third Professional Development Event in Riyadh on Project Management Riyadh, Saudi Arabia – December 6th, 2016 – Faithful+Gould, the leading integrated project & programme management consultancy in association with the prominent Saudi Council of Engineers held the third professional development seminar today at… Read more »

5 Tips from New AEM Fuel-Quality Infographic to Protect Tier 4 Engines MILWAUKEE (December 12, 2016) Fuel quality is critical to keep Tier 4 engines running smoothly, and the Association of Equipment Manufacturers (AEM) has released a downloadable infographic to help equipment owners and users keep their machines up and… Read more »

U.S. Construction Equipment Exports Down 25 Percent AEM

Market Update and Analysis MILWAUKEE (November 30, 2016) – Exports of U.S.-made construction equipment fell 25 percent overall for the first three quarters of 2016 compared to 2015 January – September, for a total $8.2 billion shipped to global markets. All world regions were in decline from single-digit drops for… Read more »