Now, let's move to the second level of engagement or that second actor to this transformation, which is government. Government needs to encourage, and support this industry transformation. Actually, government can influence the engineering, and construction industry in various ways. As a regulator and as a policy maker on many critical areas such as health safety and environmental conditions in and around construction. The government should perform its role as efficiently as possible. To mitigate adverse effects, especially on productivity, by the way, it also can influence the speed and direction of technology development, and the future. Let's take a few example that we highlighted in our with study and reports. Construction permit processes. This processes are a major source of project uncertainty and delay in many countries. Government can support in many ways on this regard. Such as it can make approvals faster. For builders, usually, plans often need to be approved by multiple and different agencies to coordinate such a process and efforts better, but regulators should strive to see any bottleneck or should strive to ease any bottlenecks associated with this process. For example, a government could establish a one stop centers to help commit to specific timelines for approval. Another good best practice on this regard is to digitize the construction parents. That use of technology not only reduces the cost of the approval process, but also enables regulators and practitioners to cope with the rise level of complex building the standards particularly promising in this content. Next is the development of building information modeling days software tools, the BIM tools that are capable of automating the verification of the building code compliance. For example, here in the United States, advanced E-permit systems and mobile inspection technology have reduced approval times by 30%. And their number of required onsite inspections by 25%. Of course, when we speak about the pyramid process we need to also highlight once again building codes and standards. In this regard, government needs to strive for more uniform regulations as well as manage to update provisions regularly. Building codes and standards need to be adaptable and up to date to reflect economic, social and technological changes. This regular updating is particularly important in the light of growing environmental concerns and the emergence of a new digital tools. Such as building information modeling and depth or depth, next item in this area is international engagement. There are several countries around the world managed to remove legal bans on the operations of non-domestic companies. But there are still others have effective barriers to foreign market in that represent international competition. Examples of these obstacles are, of course startups such as fees on important, imported construction services, insufficient recognition of foreign professionals qualifications, and strict capital requirements for foreign firms, all of these barriers need to gradually be eliminated by national government to help make the global engineering and construction market become more and more a reality. In addition to international market opens and engagement, regulators should promote diversity and competition. In the local construction sector by many ways, encouraging participation from a broad variety of small and medium sized enterprises or SMEs. In this regard, local authorities can definitely promote the formation of alliances between international national and local construction firms. A third example under this area would be the promotion and funding of research and development technological adoption and education. Actually speaking of which, recession development investments among the engineering and construction companies are, as mentioned before, surprisingly small, so national governments can create a better environment for developing technological innovation. They can do that by providing appropriate support to companies as well as academia. Moreover promoting the recession development is just the first step. Technological advances realize their full potential only when they are widely adopted across the industry. For example, regulators can support on this regard by providing financial support for demonstration projects involving new technologies and processes, and or setting up incentive schemes for innovation deployment for example, the construction productivity and capability fund in Singapore, partially reimburses the cost for them software, hardware or bench consultancy and the training and also equipment and machines that improve productivity by at least 30%. Of course, with that being said, the construction workforce and engineers need to be upskilled appropriately with a regard to new technologies and processes. But also government can offer training programs in collaboration with these companies.
