China Commun ADR (CCCGY) 21.4000 $CCCGY Constru
Post# of 273249
Construction in China to 2019 - Fixed Asset Investment Increased by 11.4% during 2015
M2 - Fri Aug 21, 8:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/lk8rvn/construction_in) has announced the addition of the "Construction in China - Key Trends and Opportunities to 2019" report to their offering. Construction activity in China has been fairly weak since 2014, due to a slowdown in the property market, huge unsold housing stock, a relatively sluggish economy and high local government debt-to-GDP ratios. Consequently, the country's construction industry posted growth of 6.8% in real terms that year. This was preceded by annual growth rates of 13.5%, 9.7%, 9.3% and 9.5% in real terms in 2010, 2011, 2012 and 2013 respectively. Moreover, China's fixed asset investment increased at the slowest pace in 15 years, from a 17.2% increase during January - May 2014, while fixed asset investment increased by 11.4% during the same period in 2015. In real terms, the industry's output value recorded a compound annual growth rate (CAGR) of 8.85% during the review period (2010 - 2014), and is expected to grow at a CAGR of 4.99% over the forecast period. Key Highlights: - The construction industry in China is expected to grow at a slower pace over the forecast period as compared to review period, due to sliding economic growth. Expected expansion in the industry over the forecast period will be driven by huge demand for transport infrastructure and affordable housing amid the ongoing urbanization process. In an effort to boost domestic consumption - as the country's urban population as a part of the total is expected to increase from 53.7% in 2014 to 60% by 2020 - the government released the 2014 - 2020 urbanization plan in 2014. Companies Mentioned - China Communications Construction Company Ltd - China Railway Construction Corporation Ltd - China Railway Group Ltd - China State Construction Engineering Corporation Ltd - China Vanke Co., Ltd Key Topics Covered: 1 Executive Summary 2 Industry Outlook 3 Key Issues and Developments 4 Market Data Analysis 5 Company Profile: China State Construction Engineering Corporation Ltd. 6 Company Profile: China Railway Construction Corporation Ltd 7 Company Profile: China Railway Group Ltd 8 Company Profile: China Communications Construction Company Ltd 9 Company Profile: China Vanke Co., Ltd For more information visit http://www.researchandmarkets.com/research/lk...ruction_in
Aconex Signs Enterprise Agreement With John Holland
Marketwired - Wed Jul 01, 8:00AM CDT
Aconex Limited (ASX: ACX), provider of a leading cloud collaboration platform for the global construction industry, today announced that it has signed an enterprise subscription agreement with John Holland, one of Australia's leading engineering, contracting and service providers to the infrastructure, energy, resources, and transport services sectors. Under the terms of the agreement, John Holland will make Aconex available for all of its construction and engineering projects in Australia, New Zealand and Southeast Asia.