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Surprise opportunities
Large mature countries are more attractive construction markets than fast-growing emerging economies, according to new study.
FIEC predicts –5,2% fall in EU construction
House building and privately funded non-residential construction to bear the brunt of the decline, with growth in civil engineering.
Asian headquarters for construction division
Sandvik Mining and Construction is moving its construction businesses' headquarters to Singapore.
Power rentals on the up in southern Africa
The power rental market in sub-Saharan Africa is forecast to grow at a compound annual rate of 9.5% to 2014, according to a recently published report by consultant Frost & Sullivan.
Indian infrastructure investment to reach US$ 500 billion by 2012
India's Government is planning a US$ 354 billion investment in its infrastructure by 2012, with another US$ 150 billion expected to come from the private sector, according to the latest report by PwC.
US housing starts rebound
Authorisations and new starts rose in May compared to April, but were still only half what they were a year ago.
European construction to fall –7,5% this year
Euroconstruct revises forecasts downwards and sees recession bottoming-out in 2010
Record fall in UK construction
Construction output in the UK fell -16% in the first quarter of the year, compared to the same period in 2008.
Australian recovery?
The Australian Industry Group’s Performance of Construction Index (PCI) rose by 10.4 points to 46.9 in May.
Brazilian equipment market worth US$ 4.7 annually
Brazil´s construction equipment sector is worth BRL 10 billion (US$ 4.7 billion) annually, according to the latest research by Sobratema, the Brazilian Association for Technology in Equipment and Maintenance.
Stimulus helps growth in the Asia-Pacific region. Steve Skinner reports
External funding and government stimulus packages are set to help the Asia-Pacific region maintain growth in 2009. Steve Skinner reports.
US construction ticks up in April
April saw a small climb in month-on-month construciton output, including a rise in residential building.
European construction suffers steep quarterly fall
Data from Eurostat shows the decline in European construction output accelerated in the first quarter of the year.
Q1 Italian equipment sales halve
The first three months of the year saw the Italian earth moving equipment market fall -47,8% to 3106 units.
Report forecasts 12% UK rental decline in 2009-2010.
The UK equipment rental market will decline by 12% over the 2009-2010 period following an 8% fall in 2008, with a flat 2011 and limited recovery in 2012-13, according to the latest market study by AMA Research, the UK research body.
North American ‘rates war’ starting warns Kaplan
Rental rates in North America fell by 8% or more in the first quarter of the year and could decline by even more in the second quarter, according to rental consultant Dan Kaplan. He warned that the beginnings of a damaging rates war was now evident in North America.
IPAF access rental studies can now be ordered at KHL.com
Both of IPAF’s newly published reports in the powered access rental markets in Europe and the United States are now available to buy from KHL Group’s website, www.KHL.com
Asphalt demand in China to reach 16.2 million tonnes in 2012
Demand for asphalt in China is expected to rise +5% annually through 2012 to 16.8 million tonnes.
Haulotte commits to R&D after 61% fall in 1st quarter
Alexandre Saubot presented Haulotte’s first quarter figures at Intermat today (22 April). Despite a 61% drop in turnover from last year Haulotte is going ahead with the launch of a number of new products and, said Mr Saubot, continuing with investment in research and development.
IPAF optimistic on European access rental potential
The International Powered Access Federation (IPAF) said that new research into the European access rental market revealed that some of Europe’s biggest access markets still have considerable room to grow.
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