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Public investment in such infrastructure would almost certainly generate new construction of offices, apartments and hotels.
There was also a spurt in the construction of offices, hotels and other business structures in the spring.
Construction of offices in Pune, Madras and Bangalore is set to begin in early 2004, Cognizant said.
The proportion of the work force employed in the financial industry has fallen to the lowest figure since 1981, and that is showing up in spending on construction of offices for financial firms.
And construction of offices instead of apartments will result in almost 90,000 square feet of additional rental space, in a building with a total of 324,000 square feet.
As a professor he's influenced classloads of trendily-attired teenagers, and as an architect he's revolutionised the construction of offices (30 Finsbury Square), and deftly handled some of the more sensitive projects around, including the new Paternoster Square by St Paul's and the work on St Martin's-in-the-Fields. Quietly brilliant.
Similar(45)
Construction of office buildings and the category that includes shopping centers fell in April.
Construction of office buildings and stores is still going strong, although vacancy rates have begun to rise.
Washington had approved the package shortly after the terror attack to encourage the construction of office towers, residential buildings and retail shops in Lower Manhattan.
Previously strong growth in the construction of office buildings, factories and apartments, which had been rising more than 30percentt a year, essentially leveled off.
This is the case with a number of modern hotels at the western entrance to the city, and the construction of office buildings in the city centre is following the trend.
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