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Worldwide Challenges Facing the Construction Industry,axis capital group construction equipment rentals in Jakarta, Singapore, Kuala Lumpur Worldwide Challenges Facing the Construction Industry Jakarta, 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.

The heat is on for the advocacy of a much greener cityscapes and buildings in Singapore. The Building and Construction Authority (BCA) in the country announced that they aim that in 2030, Singapore will be much greener than today with 80% of its building certified to be green. Being "green" doesn't entirely and literally mean buildings will be painted green all over. That is, these buildings and infrastructures will be water and energy efficient, with a high quality and healthy indoor environment, integrated with green spaces and constructed from eco-friendly materials. In Singapore's densely built land area with limited space and few natural resources, pursuing green environment is necessary to sustain. In 2012, the government has started their campaign by building public housing blocks as testing ground for future eco-friendly projects. Over 80% of Singapore's residents live in public housing, called HDBs after the Housing and Development Board that builds them. They put various eco-friendly features in Treelodge@Punggol, as the project is named, that help capitalizing on the wind, enhancing greenery, reducing energy consumption, etcetera, all in one development. However, maintaining eco-friendly building such as this comes at a high price as well. To afford the cost, the government tied up with private sectors to continuously provide the funding. There are currently 1, 700 green buildings in Singapore, making up approximately 21% of the total building stock. It is projected to hit 35% in 2020, according to Singaporean-German Chamber of Industry and Commerce. There is also greater awareness of the benefits and strong business case of green buildings.

Singapore City, Singapore - Axis Capital Group, a construction company based in Singapore, supports public sector projects which are reported to sustain construction demand for the rest of the months of 2015. Environmental and public sectors are expected to reach between $29 million to $36 million in 2015, given a sustained pipeline in public sector projects. According to the Building and Construction Authority in Singapore, this year, public sector projects are expected to account for an estimated 60% or $18 billion to $21 billion of the total construction demand as reported by Building and Construction Authority (BCA) in Singapore, the country's regulation board for industrialization and construction. It has also been recorded that BCA has included requirements on the use of labor-efficient construction methods and building designs. From the last quarter of 2014, buildings are required to meet the following criteria: 1. Meet higher minimum Buildable Design and Constructability standards. 2. Use prefabricated and standardized components. 3. Adopt high-impact productive technologies for projects under the Government Land Sales (GLS) programme. These include the adoption of Prefabricated Bathroom Units (PBUs) in residential (non-landed) sites, including Executive Condominiums, and the residential (non-landed) component of mixed-use sites sold under the GLS programme. It is expected that many more business owners are planning to invest in construction of their companies this year. Singapore, along with its neighboring Asian countries like Jakarta, Indonesia, Kuala Lumpur, Malaysia and Bangkok, Thailand is paving their way towards modern civilization and industrialization. Construction companies like Axis Capital Group have continued to support and help promote these Asian countries towards global competition. These countries now pose as a threat to o

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