This week in construction news (29 Jan ‘18)

Special highlight: Bitrent, and how it hopes to utilise Blockchain technology for the construction industry. Photo by Andre Francois on Unsplash.

In the past week, we can see an interesting pattern in news reporting: while bad news seem exceptionally dire, good news also seem particularly hopeful.

A similar trend marks the construction industry, as legacy weaknesses continue to weigh down companies, and new technology holds a new hope for positive change.

Do you agree?

Progress

New building seeks to enhance local construction standards - Khmer Times

Lum Chang wins S$136.9m construction contract from PSA

Singapore's PEC Secures Engineering And Construction Contracts Worth S$40 Mln- Nikkei Asian Review

Construction startup raises US$865m from SoftBank fund

Challenges

Carillion tried to 'wriggle out' of pensions obligations, say MPs

GCC Construction Sector Faces Challenges Despite Improved Market Sentiment - Forbes Middle East

Construction costs to bottom out in 2018

Construction sector under threat from high tax, interest rates

Innovation & Technology

The Bitrent Platform Will Transfer Construction to Smart Contracts

The Future Of Construction: Putting Innovative Ideas To Work At Autodesk's Workshop

The new robotics technology set to change the construction industry

Innovation has its advantages in lift repair too

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