Volvo Sells 70% SDLG Stake in Bold Premium Shift Volvo has officially sold 70% of its ownership in SDLG (Shandong Lingong Construction Machinery Co.) to Lingong Group, its long-time Chinese joint venture partner. This is a major restructuring step for Volvo, which is making this decision as part of its ongoing strategy overhaul. The company […]
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6 Innovative Technologies in Modern Construction Projects It is impossible to underestimate the impact of innovative technology on infrastructure and structural planning, design, construction, and operation today. However, many existing processes in modern construction are several hundred years old and, hence, outdated. As work-site needs change and technology progresses, new methods will positively address modern
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USA Tops Global Ranking of World’s Most Expensive Cities to Build In The USA is currently the most expensive country to build in, with New York, San Francisco, and Boston all in the top five. This is exclusive insight, as inflation, labour shortages, and shifting global priorities continue to drive up construction costs. Turner &
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Devki Sh13.7bn Deal Sees Takeover of Rwanda Cement Firm The Devki Sh13.7bn deal marks a major milestone in East Africa’s cement market. The Kenyan conglomerate finalised its takeover of Rwanda’s largest cement producer, Cimerwa. Devki Cement Investment in Rwanda In a bold move that underscores its regional expansion strategy, the Devki Group of Companies has
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3 Revolutionary Automation and Autonomy Trends: Human Replacement? Human versatility differentiates humans from machines, or the ability to perform various tasks with reasonable accuracy. For instance, one can be a plumber in the morning and a chef in the afternoon. However, a plumbing machine cannot become a chef in the next million years. Furthermore, most
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