Building Industry Magazine - September 2012 - (Page 50)

LABOR CHALLENGE: Despite military buildup delay, construction jobs abound BY MAR-VIC CAGURANGAN Construction of Emerald Oceanview Park in Tamuning, being developed by Younex Enterprises, currently is suspended due to litigation in court. By the Numbers The Department of Defense’s (DOD) Asia-Pacific troop realignment plan remains subject to erratic decisions. The size of the force and resources to be deployed to Guam continue to seesaw back and forth, prompting local industries to stop factoring the military buildup element into their business planning. Industry analysts thus have adopted a conservative approach in making their forecasts. According to the Guam Department of Labor (DOL), the island’s economy is anticipated to be characterized by “continuing stability” in fiscal 2013 without major expansion or contraction. “There is the potential for modest expansion as 46 | BUILDING INDUSTRY | SEPTEMBER 2012

Table of Contents for the Digital Edition of Building Industry Magazine - September 2012

Contents Page
Alternative energy
Inside NAIOP
NEWS BEAT: Construction Begins on Rail Maintenance Facility
UH Manoa to Get New Athletics Complex
Courtyard at Marriott Opens on Maui
AIA Plans Heroic Canstruction
Summit to Build Kau Gym
Servco Gives Back
Lahaina’s Golden Arches Goes Green
HSWAC Awards Third Construction Contract
Kiewit Supports Higher Education
Best Practices
Contracts Awarded
Spotlight on Success: Paanau Village, Phase 2
Industry Icon
Low Bids
News Makers
New Products

Building Industry Magazine - September 2012