CSCEC

Construction Market Size & Share to Surpass USD 17.1 billion by 2031, Grow at 4.5% CAGR | Exclusive Report by Transparency Market Research, Inc.

Retrieved on: 
Monday, January 15, 2024

WILMINGTON, Del., Jan. 15, 2024 /PRNewswire/ -- The global construction market is estimated to flourish at a CAGR of 4.5% from 2023 to 2031. Transparency Market Research projects that the overall sales revenue for construction is estimated to reach US$ 17.1 billion by the end of 2031.

Key Points: 
  • Adoption of IoT, BIM, and modular construction for enhanced efficiency, cost-effectiveness, and project management.
  • Government initiatives worldwide fuel construction growth, focusing on transportation, energy, and smart city projects.
  • North America, driven by major players like Bechtel and Fluor Corporation, experiences steady growth due to infrastructure modernization and commercial development.
  • Stricter environmental norms and a focus on energy-efficient structures drive the demand for green construction, shaping the region's future projects and renovations.

Construction Market Size & Share to Surpass USD 17.1 billion by 2031, Grow at 4.5% CAGR | Exclusive Report by Transparency Market Research, Inc.

Retrieved on: 
Monday, January 15, 2024

WILMINGTON, Del., Jan. 15, 2024 /PRNewswire/ -- The global construction market is estimated to flourish at a CAGR of 4.5% from 2023 to 2031. Transparency Market Research projects that the overall sales revenue for construction is estimated to reach US$ 17.1 billion by the end of 2031.

Key Points: 
  • Adoption of IoT, BIM, and modular construction for enhanced efficiency, cost-effectiveness, and project management.
  • Government initiatives worldwide fuel construction growth, focusing on transportation, energy, and smart city projects.
  • North America, driven by major players like Bechtel and Fluor Corporation, experiences steady growth due to infrastructure modernization and commercial development.
  • Stricter environmental norms and a focus on energy-efficient structures drive the demand for green construction, shaping the region's future projects and renovations.

NWTN Announces Strategic Partnership with China State Construction Engineering Corporation (Middle East)

Retrieved on: 
Thursday, December 7, 2023

This partnership sets a new precedent in the pursuit of advancements in new energy vehicles and green hydrogen projects.

Key Points: 
  • This partnership sets a new precedent in the pursuit of advancements in new energy vehicles and green hydrogen projects.
  • The signing ceremony took place at the NWTN booth in the COP28 Green Zone, Dubai Expo City, and was graced by the presence of H.E.
  • This strategic partnership encompasses extensive collaboration in market development and business promotion across diverse regions, including East Asia, North Africa, and Southeast Asia.
  • This partnership not only aligns with its strategic goals but also represents a significant step towards a sustainable future.

NWTN Announces Strategic Partnership with China State Construction Engineering Corporation (Middle East)

Retrieved on: 
Thursday, December 7, 2023

This partnership sets a new precedent in the pursuit of advancements in new energy vehicles and green hydrogen projects.

Key Points: 
  • This partnership sets a new precedent in the pursuit of advancements in new energy vehicles and green hydrogen projects.
  • The signing ceremony took place at the NWTN booth in the COP28 Green Zone, Dubai Expo City, and was graced by the presence of H.E.
  • This strategic partnership encompasses extensive collaboration in market development and business promotion across diverse regions, including East Asia, North Africa, and Southeast Asia.
  • This partnership not only aligns with its strategic goals but also represents a significant step towards a sustainable future.

Renew Rebuild Revive: Revive--CBD project in New Administrative Capital in Egypt

Retrieved on: 
Friday, November 10, 2023

Abd Elrahman Ahmed, born and raised in Cairo, joined CSCEC after graduating and devoted himself to the construction of the CBD project in New Administrative Capital.

Key Points: 
  • Abd Elrahman Ahmed, born and raised in Cairo, joined CSCEC after graduating and devoted himself to the construction of the CBD project in New Administrative Capital.
  • In 2015, to optimize urban spaces and modernize processes for the benefit of a growing population, the Egyptian government planned to build a new administrative capital.
  • Every day, the sweat and wisdom of thousands of Chinese and Egyptian employees converge here, one step closer to the Egypt Vision 2030.
  • In the project, new construction technologies, new development philosophies, and new win-win collaborations enable Egypt to embrace its dream city more swiftly, while preserving its precious cultural heritage and cultural memories.

ZICIX+CTIP-FII SIGNS CONTRACT WITH IFCI TO DEVELOP $20 MILLION SENIOR CITIZENS RESIDENCE PROJECT IN NEWARK, NEW JERSEY

Retrieved on: 
Tuesday, January 10, 2023

ZICIX+CTIP-FII assisted IFCI in all these arrangements, including the conditions imposed upon by DEHD to finally transfer the ownership of the property to IFCI.

Key Points: 
  • ZICIX+CTIP-FII assisted IFCI in all these arrangements, including the conditions imposed upon by DEHD to finally transfer the ownership of the property to IFCI.
  • In the contract between IFCI and ZICIX+CTIP-FII, the latter’s role, obligations and responsibilities are defined in the contract, in its role as the Project Developer.
  • In addition, the Project Developer creates and proposes to the Project Owner, the right financial structure for the Project.
  • The contract between IFCI and ZICIX+CTIP-FII includes the option of ZICIX+CTIP-FII to invest into Project by acquiring partial ownership interest into PSRC.

"BUILDING LIVES" Return Visit to Affordable Housing Project in Algeria

Retrieved on: 
Friday, August 12, 2022

CARIO, Aug. 12, 2022 /PRNewswire/ -- In the new town of Sidi Abdellah in Algiers, there are some red-brown and beige buildings of its Mahelma community. In the evening, some residents walk leisurely on the paths, and groups of children happily playing near the slides. Many young people run on the football field, enjoying the game. This is the apartment complex of the Sidi Abdellah government subsidized housing built by China State Construction Engineering Corporation (CSCEC). Since it was completed and put into use in 2019, it has helped over 10,000 locals realize their dream of living comfortably, and effectively improved local housing conditions.

Key Points: 
  • This is the apartment complex of the Sidi Abdellahgovernment subsidized housing built by China State Construction Engineering Corporation (CSCEC).
  • Sinceit was completed and put into use in 2019, it has helped over 10,000 localsrealize their dream of living comfortably, and effectively improved local housing conditions.
  • To date, CSCEC has built over 170,000 dwellings in Algeria, covering an area of about 17 million square meters.
  • It has solved housing problems for nearly 1 million people and in so doing made important contributions to people's livelihoods in Algeria.

"BUILDING LIVES" Return Visit to Affordable Housing Project in Algeria

Retrieved on: 
Friday, August 12, 2022

CARIO, Aug. 12, 2022 /PRNewswire/ -- In the new town of Sidi Abdellah in Algiers, there are some red-brown and beige buildings of its Mahelma community. In the evening, some residents walk leisurely on the paths, and groups of children happily playing near the slides. Many young people run on the football field, enjoying the game. This is the apartment complex of the Sidi Abdellah government subsidized housing built by China State Construction Engineering Corporation (CSCEC). Since it was completed and put into use in 2019, it has helped over 10,000 locals realize their dream of living comfortably, and effectively improved local housing conditions.

Key Points: 
  • This is the apartment complex of the Sidi Abdellahgovernment subsidized housing built by China State Construction Engineering Corporation (CSCEC).
  • Sinceit was completed and put into use in 2019, it has helped over 10,000 localsrealize their dream of living comfortably, and effectively improved local housing conditions.
  • To date, CSCEC has built over 170,000 dwellings in Algeria, covering an area of about 17 million square meters.
  • It has solved housing problems for nearly 1 million people and in so doing made important contributions to people's livelihoods in Algeria.

Strategic Capital and Plaza Construction Commemorate ‘Topping Out’ At One Grove Street in Jersey City

Retrieved on: 
Wednesday, July 27, 2022

Strategic Capital, a leading real estate investment and development platform, and Plaza Construction, one of the nations foremost construction management and general contracting firms, commemorated today the completion of vertical structural elements at One Grove Street in Jersey City.

Key Points: 
  • Strategic Capital, a leading real estate investment and development platform, and Plaza Construction, one of the nations foremost construction management and general contracting firms, commemorated today the completion of vertical structural elements at One Grove Street in Jersey City.
  • Strategic Capital develops, owns, and operates mixed types of properties in New York, New Jersey and Texas.
  • It acquired one of New York City's most prominent builders, Plaza Construction, from the Fisher family in 2014.
  • At the forefront of the ever-changing construction industry, Plaza is constantly exploring and developing new technologies and methods.

Strategic Capital Completes Jersey City’s Highest Priced Condo Sale at 75 Park Lane

Retrieved on: 
Tuesday, February 1, 2022

ft. terrace at 75 Park Lane for $5.7 million, which sets a record for the highest priced condo sale on New Jerseys Gold Coast.

Key Points: 
  • ft. terrace at 75 Park Lane for $5.7 million, which sets a record for the highest priced condo sale on New Jerseys Gold Coast.
  • View the full release here: https://www.businesswire.com/news/home/20220131005898/en/
    Exterior of 75 Park Lane Jersey City (Photo: Business Wire)
    75 Park Lane , the luxurious high-rise condominium in Jersey Citys idyllic Newport neighborhood, offers the rare opportunity to live in a Manhattan-caliber high-rise tower with panoramic city and river views and resort-like five-star amenities.
  • 75 Park Lane is part of the larger Park and Shore development, which comprises two exquisite residential buildings with a total of 429 condominiums.
  • 75 Park Lane enjoys a collection of best-in-class amenities designed to provide the ultimate recreational, social and fitness experiences.