Dallas bucks national office construction slump
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Key headlines from 2023 include Aramco JV’s $12.2bn refinery and petrochemical complex deal in China, Canada and Volkswagen’s $14bn contribution for EV battery gigafactory and Saudi Arabia’s $17.33bn development projects.
Next year may turn out to be a construction industry thrill ride. Even with the expected recession never materializing, inflation leveling off and the stock market on a sugar high, there could be plenty of climbs, dips and swerves.
The President/CEO added that Africans have always argued that Africa’s contribution to the current climate change catastrophe is insignificant compared to the West “that is true, however, what we fail to appreciate is that the problem was significantly created by the West but the solution lies in the hands of Africa and this is another 21st century industrial revolution for Africa to take advantage of”.