Benevolence : 101

Benevolence : 101

Jeffrey Zechariah Jebasunder Jeffrey Zechariah Jebasunder

Jeffrey Zechariah Jebasunder

Commercial Management Student | Architecture engineering graduate | LEED Green Associate | HWUD

发布日期: 2024年10月28日
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Upstream Impact: Catalyzing Resource Demand

Upstream industries, such as raw material suppliers (cement, steel, and timber) and equipment manufacturers, are heavily influenced by the construction sector.

A spike in construction projects leads to increased demand for materials and machinery, fostering growth in these industries. This demand also encourages innovation, with suppliers investing in sustainable alternatives and enhanced production techniques to meet evolving construction needs.

This symbiosis often drives resource and material prices, affecting project feasibility and budgeting.

Downstream Impact: Boosting Service Sectors and Infrastructure

The impact doesn’t stop at project completion. Real estate, maintenance services, logistics, and retail all benefit from the outputs of the construction industry.

As new commercial spaces, homes, and infrastructure projects are built, they stimulate growth in property management, legal services, and even technology for smart buildings. Additionally, improved infrastructure supports transport and logistics, making downstream sectors more efficient and accessible.

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