Sagging Productivity in Construction The McKinsey Global Institute reports: "Rvery year, there is about $10 trillion in construction-related spending globally, equivalent to 13 percent of GDP. This makes construction one of the largest sectors of the world economy. The sector employs 7 percent of the world’s working population ..." However,

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New homebuilding finance agency has potential to enable projects where lending is not available from traditional sources of finance The Construction Industry Federation (CIF) has stated that the measures announced today will help address the systemic weaknesses in infrastructure investment. Tom Parlon, CIF Director General stated; “The Government has taken significant

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