Daily Newsletter

01 November 2023

Daily Newsletter

01 November 2023

Clark Contracts selected for Bught Park regeneration project

The development is set to see the construction of upgraded facilities to host large outdoor events at the park.

November 01 2023

Scotland's Highland Council has contracted construction company Clark Contracts for the Bught Park improvement project in Inverness, Scotland.

The regeneration project is being funded via the Levelling Up Fund of the UK national government.

The project will see the construction of upgraded facilities for large outdoor events, a renovated grandstand, and an added sports pavilion.

Highland Council Inverness City area leader, councillor, and Levelling Up Fund Programme Board co-chair Ian Brown said: “The contract award for improvements at Bught Park is a welcome one as it will ensure this important sporting and cultural facility can continue to be enjoyed by local people and visitors for years to come.

“Also, in line with the Highland Council’s sustainability goals, the works will introduce a cleaner ground-source heating system offsetting potential environmental impact.”

The Levelling Up Fund is providing more than £20m to three projects located along the River Ness in Inverness.

These projects are expected to enhance the city’s sporting and cultural attractions, maintain major heritage landmarks, attract more tourists, and help the city meet its net-zero carbon goals.

Clark Contracts director Michael Scanlan said: “We are proud to be delivering this project and are looking forward to working in collaboration with the council to provide upgraded and enhanced sporting and cultural facilities for the local community.”

Construction work is scheduled to begin later this month.

South-East Asia Construction Market Dynamics

Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close