July 24, 2024

Welcome back to another instalment of Construction Briefing’s Friday Recap! We’re highlighting some of the week’s most notable stories:

Regrettably, not all technological advancements bring good news. An unfortunate side to artificial intelligence is shown in the latest deepfake scam. Engineering company Arup reported an incident wherein an employee was duped by deepfake technology into transferring a large sum of money into a fraudulent account. Clearly, this is something construction companies must be vigilant about.

However, it’s not all gloom and doom in the world of technology. In fact, China has made a positive breakthrough in the realm of tunnelling. The China Railway Engineering Group has proudly completed the longest single-bore, double-track railway tunnel in the country, overcoming various construction challenges along the way.

Additionally, the European Construction Industry Federation (FIEC) is seeing a transition in leadership. A new president is set to take over from Philip Crampton to represent the sector in the upcoming European elections.

![](https://investmentshoax.com/wp-content/uploads/2024/06/20240522-080420-Screenshot-20240522-090227.png)

Webuild construction workers are seen here in a special compensation chamber that helps them adapt to working in hyperbaric conditions. This Italian construction group is pioneering what they claim to be Italy’s first excavation in a hyperbaric atmosphere, a section of a high-speed railway tunnel situated underwater. For more insight into this unique tunnelling method, read here.

## Frequently Asked Questions

What is Deepfake Technology?

Deepfake technology is a form of artificial intelligence that is capable of creating highly realistic but fake images and videos. It can be manipulated for various purposes, one of which is unfortunately, defrauding individuals and companies.

What is the Significance of the Tunnelling Record Set by China?

The recent achievement by the China Railway Engineering Group is a landmark. It represents the longest single-bore, double-track railway tunnel in the country. This not only showcases remarkable engineering prowess but also the rapid advancements in China’s infrastructure development.

What Role does the European Construction Industry Federation (FIEC) Play?

FIEC represents the construction sector’s interests at the European level. This includes lobbying for favourable regulations and policies, providing a platform for networking and exchange of ideas, and promoting sustainable and responsible business practices within the industry.