The global construction industry plays a key role in both developed and developing economies. The construction sector creates new jobs, drives economic growth, and provides solutions to address social, climate and energy challenges. It has important linkages with other sectors, so that its impact on GDP and economic growth goes far beyond the direct contribution of construction activities. Having endured a prolonged period of fatigue in the wake of the global financial crisis, the global construction sector is gradually regaining strength and is expected to reach a value of US$ 10 trillion by 2020.

As a result of the war in Ukraine, which is still continuing after twelve months, dwellings and public infrastructure have been demolished or damaged, public services and economic...more
19 April 2023
The Carnegie Endowment for International Peace (CEIP) publishes study ‘Hard Cash and Soft Power: When Chinese Firms Win EU Contracts’, and recommends that policymakers in Brussels...more
05 December 2022
CICA, FIEC and EIC have published a Joint Statement condemning the Russian invasion of Ukraine.more
05 April 2022
The US journal “Engineering News Record” (ENR) annually ranks global contractors based on the construction revenues generated outside of each company's home country.more
24 August 2021