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Worldwide Challenges Facing th..
Worldwide Challenges Facing the Construction Industry8 Years AgoJakarta, Indonesia – Despite the industry’s
efforts and the emerging age of construction and industrialization in both
developed and developing countries in the world, the issues and the challenges
continue to rise and strive. Never will the industry or any other things, for
that matter be without these challenges. There are some very serious
challenges facing the construction industry that are motivating new approaches
to how we design, build, operate, and maintain buildings and
infrastructure. While these new
technologies are designed to address challenges in the construction industry, I
think that they are going to profoundly affect other sectors such as operations
and maintenance, emergency planning, first response and urban planning. Axis Capital
Group, a construction company based in Singapore and is distributing
around South East Asia has listed some of the major hindrances a construction
business should endure.
Global Climate Change The construction industry is
faced with the challenge to replace or renovate buildings to minimize
environmental impact, for example, achieving carbon neutrality, and while at
the same time yielding a respectable financial return on investment. The approach to green buildings requires new challenges
to designing new buildings and renovating existing buildings. In Singapore, the government gave out a
warning to building owners that by 2020, 80% of infrastructures in the country
should be green and meet the standards.
Aging infrastructure
Aging infrastructure is expected
to be an increasing prominent issue in many parts of the world. With the fast pace of technology, it is
bringing almost all things into its path to innovation, revolution and development.
A single construction can take years to be finished. By that time, so many
things may have emerged and the methods used might already have been outdated.
That is why project managers should take time to review the latest and
incorporate it to their task.
Shrinking workforce
In the US a Conference Board
study Managing the Mature Workforce predicts that by 2010, the number of
workers aged 35 to 44 will decline by 19%; aged 45 to 54 will increase 21%; and
aged 55 to 64 will increase 52%. This is
a world-wide phenomenon. The number of
workers aged 35 to 44 is expected to decline by 27% in Germany, 19% in the
U.K., 9% in Italy, 10% in Japan, and by 8% in China.
Declining Productivity
The construction industry is
highly competitive, and firms must continually improve their productivity to
remain competitive. |
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