International Construction’s June Podcast
By Chris Sleight19 June 2014
In this month’s podcast we discuss a new report from consultant Arcadis, which says the average value of disputes on major construction projects increased +1.2% last year to US$ 32.1 million. The company added that last year saw the first ever US$ 1 billion+ disputes in the industry, with Arcadis working on three ‘mega disputes’, including the Panama Canal expansion project.
In business news, there are plenty of mergers and acquisitions under the spotlight, with Bilfinger’s acquisition of GVA Grimley, Lafarge selling its businesses in Ecuador and Italcementi planning to fully acquire its French subsidiary.
We also take a look at a striking new project which is just about to get underway in Tokyo, Japan. The new National Stadium is a landmark scheme being built to a tight and immovable timescale ahead of the 2019 rugby World Cup and 2020 Summer Olympic Games.