AIA to develop database of stalled projects for investor financing

July 05, 2011

The American Institute of Architects (AIA) announced an emergent database for potential investors to research stalled building projects that are economically plausible but lack financing.

According to a recent survey, almost two-thirds of architects reported at least one project that stalled because of lack of financing. Results also revealed the average value of each stalled project is $50 million per firm, while AIA’s May Architecture Billing Index report shows a continued deterioration in business conditions.

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Comments on: "AIA to develop database of stalled projects for investor financing"

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Investors in Iraqi projects

Please help rebuild Iraq. We have many potential projects that need finance and project feasibility studies and project managements, all over Iraq. Iraq could be the fastest growing economy in construction works in the world within two years. Please help. Kind regards Hameed Abid RIBA- London