Yes many projects are at risk. A private project in which I have a long term interest, was considered by our major equipment supplier for Turnkey Delivery. When the European firm did its DD on construction costs the construction segment was 30% higher than comparable projects elsewhere. Not all of it was labour but much of the additional cost was due to regulatory impacts that have evolved from rent seeking bureaucrats and unions imposing overkill conditions.
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Yes many projects are at risk. A private project in which I have...
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