Many airport developments are more akin to a city build than traditional airport construction . These are projects are so big , they are now being classified as ‘ aerotropolis ’. As a result , owners are having to get more involved with every aspect of the operations . Construction Global speaks to Tony Fulton , Oracle ’ s Director of Industry Strategy for its Construction and Engineering Global Business Unit , who explains the importance of providing clients with complete visibility of the entire construction project …
Many airport developments are more akin to a city build than traditional airport construction . These are projects are so big , they are now being classified as ‘ aerotropolis ’. As a result , owners are having to get more involved with every aspect of the operations . Construction Global speaks to Tony Fulton , Oracle ’ s Director of Industry Strategy for its Construction and Engineering Global Business Unit , who explains the importance of providing clients with complete visibility of the entire construction project …
MANY BILLIONS OF dollars are spent on major transport development projects every year and it seems that more and more new airports , railway stations and subways are being built all the time . But that ’ s not just perception , it is , in fact , reality . Research by Oxford Economics shows that transport infrastructure investment is projected to increase at an average annual rate of about 5 % worldwide over the period of 2014 to 2025 .
One reason for that is , of course , that modern life requires the world to be better connected than ever before and the global economy relies on people being able to circumnavigate the planet fairly easily to get from point A to point B . However , another factor in that rise , is the huge contribution that major transport hubs can directly make to local , regional and even national economies .