LATEST NEWS
Steel
February 28, 2006
Start slowing down construction jobs, Beijing officials told
TURIN, Italy
Even before they’re over, the Winter Games in Turin are being overshadowed by Beijing, with expectations soaring that the 2008 Summer Olympics will be like none other as Beijing resembles a huge construction zone.
Beijing is setting itself up to be what Turin is not, rigorously planned and wildly enthusiastic. Turin’s people have been criticized as lacklustre fans. The city’s $3.4-billion US spending on the Olympics has been utilitarian, upgrading the 1930s era Stadio Comunale for the opening and closing ceremonies and building the Olympic Village for athletes on the site of a 70-year-old fruit and vegetable market.
By contrast, though summer games are three to four times the scale of winter ones, Beijing will spend more than 10 times what Turin did. It’s dotting the skyline with signature structures; a $380-million National Stadium covered in a bird’s nest-like lattice of steel, a nearly $2-billion new terminal and runway for the airport.
IOC officials, which have expressed full confidence in the Chinese efforts, have told Beijing to slow down construction, lest venues be completed too early and increase operating and maintenance costs.
DCN News Services
| MOST POPULAR STORIES |
- Concrete parking building repairs could save costs
- New Pickering airport to help move growing population
- Pink crane a beacon of awareness at St. Joseph’s
- McMaster’s Health Sciences Campus a Gold Seal project
- SNC-Lavalin hopes Algeria police raid will help to shed light on wrong
- 20 Most Popular Stories
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 457 projects with a total value of $2,805,994,117 that Reed Construction Data Building Reports reported on Monday.
INDUSTRIAL BUILDING, WAREHOUSE, OFFICE
$50,000,000 Brantford ON Prebid
CONDOMINIUM APARTMENT BUILDING, RETAIL
$49,850,000 Toronto ON Prebid
CONDOMINIUM APARTMENT BLDG, TOWNHOUSES, RETAIL
$38,500,000 Scarborough ON Prebid
| CURRENT STORIES |
- Builders stack cans to topple hunger
- MTO unveils new methods for road work
- Price combined with criteria, wins bids
- Water protection needed for building envelope
- Students strut their best at Skills Canada
- OTA keeps on trucking for road funding
- Dessau CEO Jean Pierre Sauriol quits in wake of corruption scandal
- Journal of Commerce Update for the week of June 17th, 2013
- ERCB investigates Zama City, Alta pipeline spill
- Industrial headquarters opens in Nisku, Alta.
- Public protection site safety plan required with permit application
- Sprinkler fitters reach agreement after strike
- Understanding authority levels
- Federal project apprentices discussed
- Pushing for accountability in safety
- Acquisition targets LNG
| ALEX’S ECONOMICS BLOG |

Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- An Overview of Prices and Sales in the Diverging U.S. and Canadian Housing Markets (April 25, 2013)
- Canada’s Precarious Dependence on the Commodity Price Super-Cycle (April 22, 2013)
- Twenty major upcoming residential and transportation terminal construction projects - April 2013 (April 15, 2013)
- More








