London loses 'most expensive' tag

摘要

London has lost its crown as the most expensive city in the world to deliver a construction project, new figures from Arcadis show. The latest International Construction Costs report from the consultancy found that London was second behind Geneva and ahead of Copenhagen in a list of 100 cities. Bristol (15) Manchester (17), Birmingham (22), Liverpool (23), Edinburgh(24)and Cardiff (25) also made the global list. Other cities in the top 10 included Oslo in fourth place, Zurich in fifth and New York, which slipped to sixth. San Francisco, Hong Kong, Dublin and Macau made up the rest of the top 10. The least expensive cities in the top 100 were found in India with Bengaluru ranked at 100, Delhi at 99 and Mumbai at 98. The index was developed to cover 20 building functions, based on a survey of construction costs, review of market conditions and the professional judgement of its global team of experts.