Hidden opportunities emerge from construction industry challenges

September 15, 2017 Sanjana Saluja

Growing materials costs and dwindling talent pools coupled with looming political and economic uncertainty is leaving construction leaders grappling with serious challenges. But where there is greater challenge, comes greater opportunity. Building Design + Construction explores JLL’s latest construction report that shows stability ahead with tech and innovation leading the way.

But that’s not all. A closer look at the construction industry’s biggest challenges reveals some unexpected opportunities amidst the adversity.

“Many of the biggest industry issues have been consistent over the past year and are nothing new to industry experts,” said Mason Mularoni, Senior Research Analyst, JLL Project and Development Services. “These challenges are leading to a shift in traditional thinking, giving way to more innovation and a greater use of technology. This creates opportunities to generate better project efficiency and save on costs.”

Challenge or opportunity? You decide. To read more, click here.

 

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