Unleashing the potential of our towns and cities
Across the globe, cities and towns have suffered the brunt of the impact of coronavirus. Globally approximately 95 percent of people who have caught COVID-19 live in urban areas. A combination of density, connectivity and deprivation make urban centres the perfect places for the disease to spread.
One chance to build a better future
Construction is being heralded as the cornerstone to the world’s economic recovery. With the industry making significant contributions to economic output each year, the sector has the opportunity to lead the way in rebuilding countries by delivering much needed social infrastructure and securing high levels of employment over the next decade.
Construction transformed: a pivotal moment
Coronavirus and its impact on the economy have exposed the vulnerabilities of the construction delivery model. With construction sites and supply chains around the world having to manage the huge impact of coronavirus, it is clear that our industry must make radical changes – and quickly.
Leveraging data to improve delivery
The rise of the coronavirus pandemic has ensured that we are never far away from a demonstration of the importance of good data. From infection rates to economic productivity, the unprecedented impact of the virus has meant it is more important than ever for us all to be able to understand the data we have and use it to make critical decisions.
Returning to full productivity
With the impact of the pandemic, delivering more output and increasing productivity has now become critical for our sector’s survival. So what we can do to begin our return to pre-COVID-19 output levels?
COVID-19: What can we learn from Vietnam?
Although the Covid-19 pandemic in Asia is far from over, Vietnam has thus far had a remarkably lower rate of infection than many of its neighbours in the Asia Pacific region.
Delivering the infrastructure we need
The importance of infrastructure in driving economic growth and prosperity is nothing new. Before COVID-19, data showed that nearly US$4 trillion needed to be spent every year to meet the requirements of a growing and advancing global population.