Libya alone was reckoned to have over 1.8 million migrant workers, of which 1.5 million were Egyptians, 60,000 Bangladeshis, Landscape Design Plans 36,000 Chinese as well as workers from the Philippines, Tunisia, Turkey and various other countries.
Many of these workers are involved in the oil, transport and telecommunications industries but a good proportion were working on construction projects. In addition to private developments, the government of Libya had committed to invest $102 billion in its infrastructure over a two-year period.
One of the countries most affected by the unrest is South Korea, which has been involved in Middle East construction projects for more than forty years. It was estimated to have 47 companies active in Libya, with 24 of them being construction firms. They are involved in construction projects said to be worth $9 billion, of which $7.9 billion remains unpaid.
Two of the biggest South Korean construction companies are Hyundai Engineering & Construction and Daewoo Engineering & Construction, which have halted work on major projects that include new power plants. Rioting has hit construction sites in Benghazi, nearby Derna and Tripoli, with vehicles being stolen or wrecked and buildings set on fire. As a result, aircraft and ships have been chartered to get workers out of the country. The South Korean construction industry is heavily dependent on Libya in particular and the Middle East in general, and so hopes the evacuation is only a temporary interruption to activities. The belief is that the area will still need contractors when the unrest finally calms down.
Although the UK has not been as heavily hit as some countries, there is increased activity in the region and an estimated A�1.5 billion annual bilateral trade between the UK and Libya. There are several Electrician Salary Union and engineering firms working in the country. These include water treatment company MWH Global, which has been working on the Great Manmade River project, reckoned to be the largest underground network of pipes and wells anywhere in the world. Consulting group Capita Symonds pulled all its staff out of Libya as soon as the trouble erupted, abandoning its work on the development of Benghazi’s Benina International Airport when the runway was bombed. One of the difficulties a lot of companies have had is locating and contacting their employees. Many of them are working at remote sites that are some distance from major centres of population. With the telephone network and the internet being under the control of the Libyan government, communication has been a major problem.
Despite the dangers, many companies have retained staff in the region and have even tried to keep operations running where possible. The belief is that there is still plenty of work to be obtained in the region and that those companies that retain a presence will be best placed to reap the benefit. This is particularly true of Libya that has huge oil reserves and a need for infrastructure development.…
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The Effect Of The Recession On The Construction Industry
A recession is a decline in general business activity. For the duration of a nationwide recession, a country experiences a slump in buying, selling, and production, and an increase in unemployment. A recession may also affect a particular industry or region. Traditionally, national recessions have also meant the end of relentless inflation or possibly even a fall in prices. An economic depression hurts an innumerable amount of people, particularly the employees who lose their jobs.
The recent recession has affected all areas of the UK’s national economy. In December 2008, the Custom Home Builders Prices sector diminished at its highest rate since records began. The biggest decline was recorded in house building, with the civil engineering and commercial sub-sectors also falling at record levels during that particular month. This meant that the Bank of England had to cut interest rates to reduce borrowing costs to the lowest level in its 314-year history.
Along with the decline in housing construction, the housing market has also experienced a slump. According to the Halifax bank, house prices fell by 16.2% in 2008, the biggest yearly decline since it first started keeping records in 1983. The benefit of this has meant that buying a home has become more affordable. However, obtaining a mortgage has become more difficult for a lot of people. The Bank of England confirmed that the number of approved mortgages fell to a nine-year low of 27,000 in November 2008.
Simply put, the last few years of economic recession has had a huge affect on the construction industry, more than many other industries. To simplify the business jargon, the construction industry has seen a reduction in the demand for new constructions. House prices have fallen because of the same reason; that being diminished demand, leading to property owners having to cut their asking prices to entice buyers.
For the reasons stated above, it is imperative that in the current financial environment, businesses in every industry continue to be competitive; though it is also important for businesses to be prepared, in every sense, for the forthcoming upturn that is inevitable in order to take full advantage of the situation.
To put everything into perspective, the fact that the sustainability of the Civil Engineering Companies Near Me industry is at risk in times of recession is no secret; and there will always be continuing employment, or more specifically, unemployment problems, as is the nature of the construction industry. The only way to help overcome these problems will be to expand. Having more assets and financial resources means that a business has more economic sustainability when fiscal downturns ensue.…
The Advantages of Using Construction Equipment Leasing for Growth
The Review On Builders industry is a massive industry throughout many countries in the world. Since the beginning of the new century there has been an exponential growth pattern in most of the economically strong nations in the world. North American, Western Europe, Asia and Australia are examples of countries where construction is always happening whether it be new infrastructure or refurbishing old infrastructure. Many of the larger cities have to carefully plan the location and types of new infrastructure that are being constructed and consider construction equipment leasing as part of the overall strategy for fueling that growth.
Germany is an example of a country that has experienced extremely high infrastructure growth rates in the last 10 or 15 years. The USA is another place where cities populations and therefore volumes are always expanding. This provides work for many different construction companies and their machines. Construction is an area where you always need relatively new and safe machines for health and safety purposes. An accident on the construction site cause by faults or out of date machinery is the last thing companies want today. This can prove to be very expensive for the company, while not forgetting that people can also get very seriously injured. This is where the idea of leasing construction equipment comes into its own.
For the Northern Construction Utah industry people and business lease a huge amount of different tools, equipment and machines. For instance, loaders, tractors, all types of fork lifts, all types of road construction machines including bulldozers, scrapers, rollers, tip trucks, graders, paver machines and other smaller machines. By leasing these machines rather than buying them outright companies don’t have to make such big capital payments. This is advantageous in that the company is also always turning over machinery and there might not be a machine older than 2 or 3 years old on a construction site. This situation is ideal which maximizes productivity and it can also give companies tax advantages in some countries.
Construction equipment leasing is essential in the construction sector. It provides opportunities of rapid growth. It is one of the few ways that you can really make a good profit from owning construction machinery. In the current economic climate, we have to be clever when it comes to running a business or making money. It is many peoples dream to operate a business with construction equipment and have it viable. With leasing this equipment it reduces costs and gives you also a safeguard against major breakdowns. Leasing can be done with almost any kind of equipment type and here it applies to this use very well.
We all know how difficult it can be to make a living since the global financial crisis. Leasing construction equipment gives small and large business a chance to keep running and make a good living. This in turn allows society to keep expanding to keep up with the rapid world population explosion. Leasing is a very good idea and a good …
Construction Contract Template – Protect Your Company With a Contract
As a contractor you know your job well and starting your own business may be a lifelong dream, however no matter how good you are at your job, there always exists the possibility of a problem occurring or a customer complaining that you did not do what they asked you to do. The best way to reduce the risks of this type of situation occurring is to perform flawless work and to create an ironclad construction contract with a template that both you and you customer must sign before you begin working on their project.
Any time you write out a contract for this type of work it must be very specific in every possible detail before being singed. You need to include information that covers exactly what you are contracting to do, you have no room for any type of vagaries as these can Free Cabin Plans With Material List end up coming back to haunt you. At the same time you will need to include a list of the materials you plan to use for the project as a part of the contract, while this may need to be amended as the project progresses it can be used for the original estimate.
Any time you sign a contract with your customer, you are entering into a legally binding obligation. While you might think that this applies only to making sure that you do the job you have been hired to do, it does much more. The negotiated contract also protects you from your customer. For example, you Best Construction Niche contracted to build a new room on the back of your customer’s house that is twelve feet long and ten feet wide. Once it is finished the customer refuses to pay stating he ordered a room that was 15 feet by ten feet, as long as you have it in a written contract the courts will order him to pay your bill.
Whether you are working on a small home remodeling project or a multimillion dollar hotel building you must make sure you and your company are fully protected. By creating a legally binding construction contract using a template that both you and your client sign you will have legal protection in case any questions should arise. These templates can easily be found online, you need to make sure that the one you download is applicable to your state and locals laws or you may find that it will not offer you the protection that it should.…
Concrete Construction Projects Covered Within Contracting Companies
When looking for professionals that specialize in concrete services, you will find that a lot of these companies hire crews that have a thorough knowledge in quite a bit more than just concrete construction. To list just a few of these services would include such things as excavating, a wide range of concrete services, underground utility construction, and asphalt paving. By taking the time to do a little research before employing a specific company, it can ensure you receive competitive rates and projects that are completed under the highest of specifications and standards. Another element that business and homeowners should expect when consulting with a concrete contracting company is the assurance that all projects will be completed in a timely manner, with as little disruption as possible.
While there are many subcontractors, do-it-yourselfers, professional home builders, and general contractors in Baltimore that require new concrete construction, there are also several home and business owners that run into different types of needs that involve concrete repair services. While not all businesses specialize in this particular element, it is crucial you learn the specific specialties of a company before finalizing an agreement.
Insulated concrete forms Red Door Homes Financing and geothermal heating are often areas of expertise that are required during the construction of commercial and residential structures. In order for requirements such as these to be built to exact specifications, the company you contact must have expertise in reading plans that clients have submitted, regardless of the complexity of the project. This frequently involves various groundwork requirements that include easements, sidewalks, concrete foundations, approaches, flow lines, driveways, curbs and gutters, and others. Some of the projects that are even more complex can include such things as cross walks, and handicap ramps that are grade sensitive ADA compliant.
When commercial or residential House Renovation Kerala jobs are underway, it is important that the concrete professionals that are considered have a high level of technical experience and expertise in the specialized area of concrete services your project requires. It is also essential that they carry a varied selection of choices in aggregates, concrete building supplies, mix designs, reinforcing products, and admixtures.
A vast majority of residential and commercial projects can involve quite a few different tasks that involve concrete construction. A list of these is as follows:
-Concrete Patios
-Roller Compacted Concrete
-Poured Foundations
-Retaining Walls
-Concrete Paving
-Concrete Steps
-Building Slabs
-Masonry and Block Walls
-Decorative Concrete
-Stamped Concrete
-Sidewalks and Curbs
-Concrete Barrier Walls
-Concrete Driveways
The finished product of any job that involves concrete construction is highly dependent on the range of experience and level of technical expertise that crews supply to the projects of schools, commercial property owners, and homeowners. Another factor that is just as important is in knowing the equipment that will be used for your concrete construction project will be of the latest technology and sophistication.…
How to Compare Your Construction Bids
You’ve contacted three contractors in each one of them have given you three construction estimates and each one of them are different, what do you do now. It’s time to compare your construction bids and select your contractor.
The easiest way to do this would be to throw away the expensive estimates and keep the cheap one, but that usually isn’t the most effective way for hiring the best contractor for the job. You really need to focus on comparing apples to apples and by this I mean comparing each construction bid to each other, looking for any irregularities.
One of the first things that you’re going to look for when comparing these estimates is to make sure that each one of them has provided you with enough information to make a good decision. If you have Commercial Electrician Vs Industrial two job proposals with all the information that you’re looking for, but the third one is lacking a few items, contact the contractor and ask them for a new proposal with the correct information on it.
Most contractors will be happy to provide you with anything that you ask for. If you do run into the rare contractor who isn’t going to provide you with any more information that should send you a clear signal that this isn’t someone you should be doing business with.
Once you have the three estimates in front of you with all of the information that you’re looking for, start looking for the differences in labor and material prices to find out why these construction estimates are priced different.
You don’t need to be a rocket scientist or have a Ph.D. in mathematics to compare one estimate with another. Any questions that you have about the contracts could How To Become An Electrician In Bc easily be answered with one phone call to the contractor. Ask as many questions as you need to make a good decision about which contractor you’re going to use.…
Anticipating a BIM Boom
The numbers don’t lie – 2009 was an incredibly tough year for the global construction industry. Spending in construction fell by a seemingly improbable 12.4 percent while every single state as well as the District of Columbia lost construction jobs. While employing approximately five percent of the nation’s workforce, fully 20 percent of recession-related job losses were in construction. These happenings were unprecedented and proof of the industry’s tumultuous year.
The troubles aren’t likely to dissipate this year and those looking for a huge recovery will be disappointed. The Associated General Contractors of America recently conducted a survey of 700 of its members on their outlook for the industry in 2010. The results were overwhelmingly negative with 90 percent indicating there will be no recovery this upcoming year.
Yet despite these grim facts, all hope is not lost for those in the construction industry. For one, the federal stimulus has kicked in and raised the level of publicly funded projects. Also the AGC’s Chief Economist Ken Simonson reports the costs of building materials are at an all-time low, meaning now is a good time to build.
How does technology fit into the recovery? Building Information Modeling (BIM), as well as other industry-specific technologies, is proving to be effective time-savers and bring a whole new meaning to collaborative effort. If any company needs a reason to smile in 2010, look no further than BIM.
WHY BIM?
According to the official definition supplied by the AGC, BIM is “the process of generating and managing a building information model through the use of three-dimensional, intelligent design information.” Its presence is nothing new in the industry; it’s been around since the late 1980s.
However, only recently has BIM begun to emerge as an industry favorite. For many in the industry BIM represents a tremendous way to cut time by early problem identification. S3H, Inc., a pre-construction specialist in Las Vegas, NV, utilizes its expertise in BIM to deliver cost-effective HVAC and plumbing solutions, in particular used it for this reason.
“We have used BIM from Day One. It allows us to work with the project design and construction team and identify problems early, such as potential clashes with other building trades. You have all the information before you start. It’s a lot cheaper to identify and fix problems on paper than it is to fix them during construction,” says President Vatche Sarkoyan.
According to Sarkoyan, the process eliminates the need for Superintendents to trouble-shoot in the field, which can decrease productivity, be inefficient and is demoralizing.
One who agrees with Sarkoyan is CEO David Cullen of JP Cullen & Sons of Janesville, WI, who says BIM helped save a two-phase renovation of the 1917 historic Sterling Hall at the University of Wisconsin.
“We are the general contractor and there are separate prime contractors. We got behind during the first phase and it was a significant problem. Then we came on board with BIM and worked with the other contractors to bring back the Landscape …