Building & Engineering
New World Development defers perpetual bond coupons payment
New World Development defers perpetual bond coupons payment
It will defer on a total of four payments due in June.
5 days ago
Gov’t unveils improved green product certification scheme
This follows the CIC Green Product Certification Scheme launched in 2019.
Gov’t refuses contractor's renewal application
The company will be removed from the general building contractors register on 20 June.
Gov't approves 15 building plans in March
It also issued 23 occupation permits.
Breaking down silos: The key to Hong Kong's urban future
As Hong Kong faces increasingly complex urban challenges, it is becoming clear that isolated expertise is no longer sufficient.
Southa's new whitepaper seeks to reduce Hong Kong buildings’ carbon footprint
Buildings are responsible for 60% of the city’s carbon emissions.
Gov’t to enhance buildings energy efficiency management
It aims to regulate the energy efficiency standards of building services installations.
Construction works' gross value climbs 9% YoY in Q4 2024
By construction type, the GVCW of private sector sites totalled $22.4b.
More building arbiters wanted as Hong Kong quickens dispute process
Lawyers, surveyors, engineers, and architects with a track record in handling claims will be in demand.
New Hong Kong ordinance mandates timely payments in construction industry
The Construction Industry Security of Payment Ordinance aims to improve cash flow and fairness.
Construction cost in HK could rise by up to 1%
Globally, construction costs are set to rise by up to 7%.
Hong Kong construction industry to contract by 1-2% in 2024: JLL
Fit-out cost increases are expected to remain stable at 2% in the second half of 2024, FY 2025, and FY 2026.
Data standardisation and collaboration set to drive construction growth
These are deemed crucial for improving productivity, quality, and sustainability in the sector.
Buildings Department approves 11 new building plans in October
Two plans were approved on Hong Kong Island, three in Kowloon, and six in the New Territories.
HK eyes saving 160m kWh in fourth phase of energy efficiency scheme
The scheme now covers a total of 11 types of products.
Gov't extends tender deadline for Kwu Tung North Development Area
The new deadline is set on 20 December.
Gov't introduces new engineering contract standard template
It is the second standard contract template published by the Development Bureau.
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