International Construction Industry Trends
22 March 2022 | 10:00 – 11:30
The construction sector is being challenged like never before by a range of issues that, taken together, have the potential to radically change the way the industry works. A combination of sustainability requirements, cost pressures, skills scarcity, digitalisation and a new breed of player entering the sector, looks set to transform construction businesses in the years ahead.
Global construction market to grow $8 trillion by 2030: driven by China, US and India.
- US construction market to grow faster than China over next 15 years
- Despite size, China powerhouse to drop to historic low of construction growth in 2016
- India to provide a new engine of global growth for construction in emerging markets, growing at almost twice as fast as China
- Europe will not recoup its ‘lost decade’ but the UK will be continental Europe’s stand-out growth market, overtaking Germany to become the world’s sixth largest construction market by 2030
- A new study– Global Construction 2030 – forecasts the volume of construction output will grow by 85% to $15.5 trillion worldwide by 2030, with three countries – China, US and India – leading the way and accounting for 57% of all global growth.
The benchmark global study – the fourth in a series from Global Construction Perspectives and Oxford Economics – shows average global construction growth of 3.9% pa to 2030, outpacing that of global GDP by over one percentage point, driven by developed countries recovering from economic instability and emerging countries continuing to industrialise.
When it comes to Europe, whilst it won’t recover to reach pre-crisis levels until 2025, the UK is a stand-out growth market, overtaking Germany to become the largest in Europe and the world’s sixth largest construction market by 2030.
This webinar will focus on:
- Supply chain disruption and sourcing challenges likely to affect project delivery and margins
- Insolvent claimants and the right to adjudicate in construction
- Net zero effect and how the law / contracts / claims are changing to reflect the modern methods of construction
- Insurance claims trends
- Supply chain planning and procurement effectiveness
This webinar is part of CIArb’s Ongoing Learning – a range of learning opportunities designed to help you deepen your knowledge and skills, and keep you informed and up-to-date. Look out for more information about Ongoing Learning in the coming months. Attendees will receive an Ongoing Learning certificate as part of this webinar.
Recordings will be available after the event. If you are unable to attend the live event, buying a ticket will still give you access to the recording.
This webinar will be moderated by Nasir Khan.
CIArb members – Higher income countries* £45.00
CIArb members – Lower income countries** £35.00
CIArb Fellows £25.00
* Valid for High-income and Upper-middle income economies as per World Bank classification.
** Valid for Low-income and Lower-middle-income economies as per World Bank classification.
Please view the World Bank list at https://ciarb.org/media/18419/world-bank-income-classification.pdf.
Nasir is a skilled and dynamic leader with 20 years’ experience providing total solutions of procurement, commercial, dispute avoidance, management and resolution through effective pre- and post-contract management.
He is an engineer, chartered quantity surveyor, chartered procurement specialist and is legally qualified. He has fellowship of various institutions and acts as an expert, mediator, adjudicator and arbitrator.
He is versatile and well-versed in the successful delivery of major projects including energy, utilities, commercial property, oil and gas, manufacturing, ports, highways and rail. Nasir has led large and complex procurement programmes, as well as claims on quantum, delay and engineering issues.
Nasir co-founded Muslims in Rail and was awarded an MBE for his services to equality, diversity and inclusion.
Kim Franklin QC is a recognised independent international arbitrator specializing in the construction, engineering and infrastructure sectors, focussing on major projects and the resolution of high value, technically complex disputes involving project delay, PFI and FIDIC contracts.
Since taking silk in 2016, she acts predominantly as arbitrator, dispute board member and adjudicator, resolving disputes arising from complex projects in international arbitration, dispute boards and as UK construction adjudicator.
A Chartered Arbitrator since 2000, Kim acts as party appointed, sole arbitrator and Tribunal Chair for arbitrations under institutional rules, including ICC, ADCCAC and DIAC in the UAE and GCC with experience of the ICC Expedited Procedure and as Emergency Arbitrator.
An accredited adjudicator with the CIArb, TeCSA, TECBAR, RIBA, and IChemE, Kim has a reputation for clarity, strong case management and sound strategic judgment.
Victoria Peckett co-heads CMS’s Construction Team in London and has more than 25 years’ experience advising clients on all aspects of construction. She advises a wide variety of employer clients and contractors on the drafting and negotiation of contracts for a broad range of projects both international and domestic and also has extensive experience of dealing with the resolution of disputes (both before and after the commencement of proceedings), including through arbitration, litigation and mediation.
Victoria is regularly recommended in directories such as Chambers and Legal 500, being ranked as a Leading Individual in Legal 500 and Band 1 in Chambers, and listed in ‘Who’s Who Legal Construction’.
Haroon Niazi specialises in all areas of dispute resolution and construction law. He is qualified as a Chartered Quantity Surveyor (FRICS), this accompanied with his legal qualifications puts him in an excellent position to handle the most complex of construction disputes. Haroon has been instructed on matters ranging from domestic construction disputes and lower value commercial claims through to instructions as part of arbitration teams in multi-million dollar arbitration proceedings.
Haroon has experience in drafting pleadings in all forms of dispute resolution and has a good knowledge of the JCT, NEC, FIDIC and MPW contracts in Kuwait, Saudi Public Works Contract and the Saudi Aramco standard form contracts as well as various ad hoc contracts.
Haroon previously practised as a barrister in London and regularly appeared before various tribunals. Preceding that, Haroon provided consultancy services to Knowles Ltd, A Hill International Company based in London. Given his legal background, Haroon is well placed when it comes to analysing potential claims and assessing contractual entitlement thereby ensuring client requirements, with respect to preparing or defending claims, can be strategically implemented.
Haroon is currently advising a number of clients on both Employer and Contractor side in relation to claims and disputes within the Middle East. Haroon was awarded Hill International’s 2014 Worldwide Consultant of the year award for his achievements and has been named one of the top 100 most influential construction leaders in the Middle East by Construction Week.
Haroon is responsible for managing the overall business in the Middle East and takes a lead role in agreeing new appointments for HKA, as well as managing the technical deliverables. He is named in Who’s Who Legal – Construction 2020 as a professional that “possesses remarkable case and project management skills” and brings “strategic, legal, technical, financial and commercial” skills to his work.
Richard is Director for Global Sustainability Services at Integral Group. He has over 17 years’ experience providing sustainability advice to projects in both buildings and infrastructure sectors. His experience in sustainable design and procurement extends across the full breadth of the built environment: green buildings, sustainable infrastructure, sustainable precincts and future cities. His focus is on supporting the delivery of high ambition in the policy, planning, design and construction of a sustainable built environment.
Virginie Colaiuta is a Partner of the London office of LMS Legal LLP.She acts as counsel, advocate and arbitrator in international arbitration proceedings deriving from construction and energy related disputes, also based on investment treaties. She is a Visiting Fellow of King’s College, London, where she regularly lectures on “Investment Treaty Protections” and “Conflicts of Laws” relating to construction projects. Virginie is admitted to practise as Solicitor in England & Wales, as Avocat à la Cour in Paris (France) and as Attorney at Law in New York (NY, USA). She has also an Italian law degree from the University of Rome “La Sapienza”. Virginie is the Vice Co-Chair of the International Construction Projects Committee of the International Bar Association.
Steve Armstrong is a Senior Director at Arcadis, where he heads up their client advisory team in capital programmes, procurement and supply chain across infrastructure and the built environment. The team works with large client organisations in sectors including rail, highways, water, energy, telecoms, life sciences, health, environment and corporate real estate, to optimise value and performance from multi-billion investments and supply chains.
Previously, Steve was a senior leader at Network Rail, the UK’s national rail infrastructure provider, where he held various posts including Transformation Director, Head of Category Management and Head of Commercial and Supplier Assurance. He has also worked in policy and regulation in the energy and transport sectors for a number of years, and spent his early career delivering large construction projects around the world, particularly in oil, gas and power.
Steve is a Chartered Civil Engineer, and holds a MA Engineering (first class) from the University of Cambridge, as well as an MSc Financial Economics from the University of London. He has a passion for improving the life chances of young people through education, and is a founding trustee of a charity providing construction education and training in Burundi. He is also an active governor of a secondary school in east London.