News Detail

Macau among the most expensive places to build

  • 2013-09-05

2013-9-4

From:Macau Business

 

Macau is the fifth-most expensive construction market in the world, according to research by British consultancy EC Harris.

The company’s “International Construction Costs Report” benchmarks building costs in 47 markets.

Hong Kong was the most expensive in the world, followed by Switzerland, Denmark and Sweden.

According to the Portuguese-language newspaper Jornal Tribuna de Macau, the study says inflation is big contributor to costs, particularly in Hong Kong and Macau.

 

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