 The world is confronted with many challenges that impact the well-being and happiness of society. Among the most severe are fast urbanisation, climate change and resource scarcity. To address these challenges in infrastructure and urban development industry, the World Economic Forum established the Shaping the Future of Construction project. But what will the future of the industry look like? How best prepare for it? The World Economic Forum in collaboration with the Boston Consulting Group together with global infrastructure and urban development leaders developed three scenarios of the infrastructure and urban development industry's future. One is a world in which virtual reality touches all aspects of life and intelligent systems and robots run the construction industry. Another future could be a factory-dominated society in which prefabrication and modularisation are used to create cost-efficient building structures. Or a third scenario. The world will face severe climate change and depleted natural resources which urge the infrastructure and urban development industry to use earth-friendly construction method and sustainable materials to rebuild nature. Current business models, strategies and capabilities of players in the infrastructure and urban development industry will not be sufficient for any of these future worlds. But there are six no-regret moves all infrastructure and urban development companies can take to prepare. One, they must attract new talent and build up the required skills. Widening the sourcing of talent and improving the industry's image can help. The company should also provide more modern workplaces and opportunities for learning and development. Two, infrastructure and urban development companies need to enable change management and adaptiveness. This requires agile working methods and flexible organisations. Three, furthermore, they need to implement digital models and data usage throughout their processes. Four, they must also adopt innovative technologies at scale. It's important to innovate in new ways and integrate new technologies. Five, infrastructure and urban development companies need to increase integration and collaboration across the value chain. Six, companies must also constantly identify the most promising products and market segments while embracing new businesses.