Latest Posts in Construction

New Zealand manufacturing sales volumes climbed in the fourth quarter, while home construction led to an increase in building work put in place, signs that the nation’s economy is gradually reviving as expected.
Manufacturing sales, excluding inflation, rose 3.1% in the final three months of 2009 from the third quarter, according to Statistics New Zealand. Building [...]

The economy received some good news yesterday, with a rise in manufacturing activity and building consents in the December quarter.The 3.1% improvement in manufacturing activity was a sharp rebound from the September quarter when it fell 1.7% to a nine-year low.
There was also some positive news yesterday from Paymark, the electronic sales transaction company, which [...]

The seasonally adjusted volume of residential building activity rose 7.4 per cent in the December quarter, while non-residential volume fell 6.1 percent.
That left the seasonally adjusted change in the volume of all building work up 0.7 per cent, Statistics New Zealand (SNZ) said today.
The rise in the residential volume was the largest since 2004, while [...]

New Zealand’s construction industry will pick up over the next two years as immigration and higher wages buoy demand for new homes, according to BIS Shrapnel Pty, a Sydney-based forecaster.
Completions of new homes will be between 17,300 and 18,600 a year in 2010 and 2011, the forecaster said in a statement e- mailed to Bloomberg News. Home-building approvals [...]

Construction company Fulton Hogan will partner with Wellington’s CityLink in its bid to build an underground fibre-optic network connecting homes and businesses in the Wellington region.
They face competition from Telecom and another unnamed bidder.
The Government has promised $1.35 billion to roll out fibre in 33 cities and towns.
Investment vehicle Crown Fibre Holdings is seeking partners [...]

Construction of Todd Energy’s $65million LPG Plant Will Provide 200,000 Hours of Work in Taranaki
Major earthworks commenced today marking the first stage of construction of Todd Energy’s LPG plant. The construction of the $65million plant will provide significant benefits to both the local Taranaki and New Zealand economy.
Richard Tweedie, Managing Director, Todd Energy said “construction [...]

WELLINGTON, Jan 20 - The New Zealand government is offering six new permits to drill for oil and gas off the country’s northwest coast, the energy minister said on Wednesday.
The offer covers a total of 105,230 square kilometres (40,630 square miles) of ocean in the Reinga Basin, thought to be geologically similar to the neighbouring [...]

If you’re travelling through Christchurch International Airport this year, expect to see a lot of building activity. Redevelopment works will soon be under way by two different construction companies.
The contracts for the upgrade of Christchurch International Airport have been awarded to two major players in the construction industry.
Hawkins Construction has won the contract to redevelop [...]

Shelter identified as an urgent requirement
In addition to contributing to emergency relief on Haiti, New Zealanders can help the earthquake-ravaged country’s long-term efforts to rebuild.
“A key task at this point is to ensure all Haitians have shelter in some form. This requirement is as urgent as food, water, health services and the framework of law [...]

Construction and related industries, along with publishing and advertising are among sectors Westpac economists expect to see recover most strongly from recession.
In a note today, Westpac chief economist Brendan O’Donovan and research economist Dominick Stephens looked at which sectors had been hardest hit in the recession, and estimated which were most pro-cyclical - those which [...]