Property News · August 1, 2017

Hong Kong building industry experts applaud arrival of universal International Construction Measurement Standards


The newly launched global standards of measurement for construction costs will enhance transparency, lure more capital investment, and improve confidence of both institutional and individual investors, according to the president of the Hong Kong Institute of Surveyors (HKIS).
Until now the global construction industry has lacked a common language and framework for classifying and reporting construction costs, which has often caused huge problems for consultants, quantity surveyors, construction…

Source : South China Morning Post
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