![]() We'll see whether or not those sales are impacted by the current Some condominiums in town and some other developments that may depend onīeing able to be sold to foreign buyers and foreign investors. The hotels that they were building so much of in the late '80s in We've already been greatly impacted by their lack of support for The construction industry has already been dealing with. In Hawaii for a number of years from Asia is something that everybody in ![]() ![]() ![]() Significant yet, or we haven't seen it yet. I think that the immediate impact has not really been very What kind of an impact has the Asian financial crisis had on Hawaii Turnaround-level increases in construction are unlikely without more Wilson, who is also the current president of the General ContractorsĪssociation of Hawaii, believes, among other things, that Likely construction crane sightings will be few and far between for some Mere 1.7 percent rise in contracting receipts this year, it's Reporting flat or down sales for 1997 and Bank of Hawaii forecasting a In Hawaii hastened a 36.5 percent drop in Dillingham Construction Wilson'sĪssessment that nothing has hurt or stifled the growth of the localĬonstruction industry more than our troubled state economy.īut 24 years in construction - all of them with California-basedĭillingham Construction Company - have taught Wilson a lot more than We certainly weren't surprised by Hawaiian DredgingĬonstruction Company President and CEO William J. Over the past few years, you didn't need a pair ofīinoculars to know that the construction crane seemed perilously close ![]() It used to be said that Hawaii's state bird was the constructionĬrane. Should expect more of the same for a few more years. Hawaiian Dredging's William Wilson says the industry Hawaii's construction industry has faced its longest downturn in
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