THE rebound in the Asian construction industry is expected to gather momentum over the next three to five years, the economic forecaster and industry analyst BIS Shrapnel says.
Most Asian countries are in the upturn stage of the building investment cycle, which has been triggered by sustained economic growth in the region in recent years, BIS Shrapnel's Building and Construction in Asia 2006-07 to 2011 report series says.
"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 and report author. Full Story - Synergen Consulting International
Most Asian countries are in the upturn stage of the building investment cycle, which has been triggered by sustained economic growth in the region in recent years, BIS Shrapnel's Building and Construction in Asia 2006-07 to 2011 report series says.
"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 and report author. Full Story - Synergen Consulting International
