Construction Industry in Asia to See Continued Growth
While the problems in the housing market in the US are leading many construction firms and building materials suppliers to be concerned about the future, growth in Asia will continue to be strong over the next 3 to 5 years. Sustained economic growth, foriegn direct investment, and the upswing in the investment cycle all are leading to forecasts of strong construction activities in East Asia. Click here for the full story.
”Increasing transparency in China’s property market and higher property investment returns are attracting more foreign institutional and private equity funds to the Chinese property markets, said Adeline Wong, a senior project manager with BIS Shrapnel.
