Arcadis ICC 2026 ranks Hong Kong six places lower on real estate weakness, construction cost deflation
Reuters2026/07/30 08:42- Arcadis’ ICC 2026 analysis flagged Hong Kong’s six-place drop in global construction cost rankings, driven by real estate weakness and cost deflation.
- US dollar depreciation versus European and UK currencies lifted US-dollar construction costs in those markets, improving their ranking versus Hong Kong.
- Macau slipped to 21st from 15th, reflecting its indirect peg to the US dollar via the Hong Kong dollar despite broadly stable costs.
- Arcadis pointed to elevated financing costs, supply-chain constraints, energy price volatility, and rising technical complexity as key delivery risks.
- Industrialized methods such as MiC and MiMEP, digital construction, and more collaborative contracting were cited as supporting productivity and cost certainty.
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