Conclusion
2025: Building a better future
Although we don’t foresee significant cost escalations ahead in 2025, the picture is murky. Pervasive uncertainty is the new normal across much of the world. The traditional ‘business as usual’ approach is no longer viable: the industry must focus on proactive risk analysis and building resilience to absorb shocks – whether predicted or not.
Conclusion
2025: Building a better future
Although we don’t foresee significant cost escalations ahead in 2025, the picture is murky. Pervasive uncertainty is the new normal across much of the world. The traditional ‘business as usual’ approach is no longer viable: the industry must focus on proactive risk analysis and building resilience to absorb shocks – whether predicted or not.
How to build resilience in 2025
▼ Swipe to read the checklists.
1
Early, in-depth analysis of local material and skilled labour availability.
2
Embrace sustainable practices now to take the lead in building a better future.
3
Better use of data and technology to intelligently analyse the impact of different scenarios and design on cost and carbon without sacrificing scope.
4
Diversified supplier network, with a focus on local producers where possible.
5
Strong contractual agreements addressing risks and establishing risk distribution across the whole project team.
6
A flexible approach to budgeting that can adapt to volatile market dynamics according to the diverse socio-economic scenario of each project.
We provide the certainty needed to enable better built environments for all.
Labour shortages, particularly skilled labour, will prove a significant challenge across every region in 2025. This will put pressure on costs and is a key factor behind the moderate cost escalations we anticipate across the world.
The tech revolution will continue its meteoric rise, transforming industries worldwide and fuelling explosive growth in high-demand sectors. The resulting intense competition for specialised materials and skilled labour will lead to rises in cost. Despite this, data centre and semiconductor manufacturing construction will remain key growth drivers for the industry globally.
The drive to decarbonise, the transition to renewable energy, and enhance sustainability will intensify across every sector, creating opportunities for those ready to harness them.
Success in 2025 relies upon shifting mindsets and a willingness to embrace a new approach to challenges old and new. Embracing technology and data in new and efficient ways could hold the key to successfully navigating ongoing uncertainty and building in the adaptability and flexibility needed to thrive in 2025 and beyond.
Labour shortages, particularly skilled labour, will prove a significant challenge across every region in 2025. This will put pressure on costs and is a key factor behind the moderate cost escalations we anticipate across the world.
The tech revolution will continue its meteoric rise, transforming industries worldwide and fuelling explosive growth in high-demand sectors. The resulting intense competition for specialised materials and skilled labour will lead to rises in cost. Despite this, data centre and semiconductor manufacturing construction will remain key growth drivers for the industry globally.
The drive to decarbonise, the transition to renewable energy, and enhance sustainability will intensify across every sector, creating opportunities for those ready to harness them.
Success in 2025 relies upon shifting mindsets and a willingness to embrace a new approach to challenges old and new. Embracing technology and data in new and efficient ways could hold the key to successfully navigating ongoing uncertainty and building in the adaptability and flexibility needed to thrive in 2025 and beyond.
Global insight, local expertise
With offices across the world, we see the big picture of global trends. But we understand that each market is different. Our teams use their deep local knowledge alongside and understanding of the global construction industry to add value to client projects.
Sustainable practices, integrated at every stage
We pride ourselves on having a positive impact on the world around us and sustainability is at the heart of all we do. We help our clients by assessing designs for environmental impact and advising on ways to deliver a better, more sustainable build environment.
Future-proof investments, driven by data and technology
We use the latest technology, such as AI, data analytics and drones to help our clients achieve success. Our people are empowered to make quick decisions, informed by data, to help clients deliver projects on time, to scope and on budget.
Global insight, local expertise
With offices across the world, we see the big picture of global trends. But we understand that each market is different. Our teams use their deep local knowledge alongside and understanding of the global construction industry to add value to client projects.
Sustainable practices, integrated at every stage
We pride ourselves on having a positive impact on the world around us and sustainability is at the heart of all we do. We help our clients by assessing designs for environmental impact and advising on ways to deliver a better, more sustainable build environment.
Future-proof investments, driven by data and technology
We use the latest technology, such as AI, data analytics and drones to help our clients achieve. Our people are empowered to make quick decisions, informed by data, to help clients deliver projects on time, to scope and on budget.