New York named as most expensive city for projects

new_york_skyline-wide

New York is the most expensive city in the world to build in according to a newly-released survey, with London a close second.

When comparing 44 major cities, Arcadis’ 2016 International Construction Costs Index, Taipei was identified as the cheapest city for construction.

According to the study, “strong currencies and significant resource constraints” were a result in higher prices.

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TOP 10 MOST EXPENSIVE CITIES FOR CONSTRUCTION

1.New York

2.London

3.Hong Kong

4.Geneva

5.Macau

6.Copenhagen

7.Stockholm

8.Frankfurt

9.Paris

10.Singapore

TOP 10 CHEAPEST CITIES FOR CONSTRUCTION

1.Taipei

2.Bangalore

3.Bangkok

4.Kuala Lumpur

5.Ho Chi Min

6.Bucharest

7.Prague

8.Sarajevo

9.Sofia

10.Jakarta

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