Page 50 - FUGRO PR REPORT OCTOBER 2024
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10/22/24, 2:38 PM Latest News
advancements in tunnel boring machines (TBMs) and ground stabilisation techniques, focusing on how these
innovations contribute to resilient infrastructure capable of withstanding the challenges of climate change.
The complexities of major infrastructure developments are frequently underestimated, with subsurface
conditions playing a critical role in project success. According to KPMG’s 2023 Global Construction Survey,
50% of construction projects exceed their scheduled timelines, and 37% surpass budget forecasts, often due
to an inadequate understanding of ground conditions. Fugro’s solutions are designed to help clients
overcome these challenges by providing accurate Geo-data during the initial planning and design phases,
enabling informed decision-making and reducing project risks.
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