KPMG Global Construction Survey Finds Familiar Challenges, New Approaches

This is a sponsored message from KPMG.

The KPMG 2023 Global Construction Survey finds the industry in a cautiously optimistic mood, as the combination of widespread government infrastructure stimuli, the renewable energy revolution, increasing capital investment in strategically important sectors, and a post-COVID-19 pipeline create excellent opportunities.

In KPMG’s 14th survey, they feature insights from almost 300 participants from both project owners and engineering and construction companies around the globe. 

The responses show an industry still striving to improve on its record of performance and productivity and continuing to address a volatile environment, with continued supply chain disruption, and rising inflation of energy, materials and wages.

ESG has risen up the agenda, with an ambition to foster more diverse workplaces, decarbonize the construction value chain and create sustainable buildings and infrastructure. 

And the industry is starting to embrace the power of technology to transform performance, with increasing use of mobile platforms and AI, and the growth of modular manufacturing to speed up projects and enhance quality and safety.

Read the survey and join the ongoing debate on how to advance an industry that plays a huge part in all our lives and can be an incredible force for good.

Survey authors Geno Armstrong, Clay Gilge, Kevin Max and Suneel Vora are leaders in Infrastructure, Capital Projects and Climate Advisory at KPMG, a BuiltWorlds member.