Project Insight: Industrial Construction Projects - Asia-Pacific
Summary
Construction Intelligence Center (CIC) is currently tracking industrial construction projects in Asia-Pacific with a total value of US$1.27 trillion. Of this, US$619.2 billion is in the planning stage and US$404.2 billion is in the execution stage. China accounts for the highest value with US$353.9 billion, followed by India with projects valuing US$322.6 billion. Indonesia and Australia follow with industrial construction projects with a value of US$131.5 billion and US$90.0 billion respectively. The highest value industrial project and the highest value tracked globally is the US$30.0 billion Nanjing Semiconductor Manufacturing Plant in China, which is due to be completed in 2021.
The rapid pace of economic expansion in Asia-Pacific - with China, India and Vietnam among the fastest growers - was demonstrated by over 6.5% annual GDP growth in 2018, although in the case of China, its 6.6% growth was a 28-year low. Industrial production figures for China, the largest economy in the region, show a 10-year low, with growth of 5.3% in January and February 2019. This fall is due to the reduction in government subsidies and control to reduce debt, as well as the US tariff war, which is also impacting the US economy.
Key Highlights
Scope
Reasons to Buy
Summary
Construction Intelligence Center (CIC) is currently tracking industrial construction projects in Asia-Pacific with a total value of US$1.27 trillion. Of this, US$619.2 billion is in the planning stage and US$404.2 billion is in the execution stage. China accounts for the highest value with US$353.9 billion, followed by India with projects valuing US$322.6 billion. Indonesia and Australia follow with industrial construction projects with a value of US$131.5 billion and US$90.0 billion respectively. The highest value industrial project and the highest value tracked globally is the US$30.0 billion Nanjing Semiconductor Manufacturing Plant in China, which is due to be completed in 2021.
The rapid pace of economic expansion in Asia-Pacific - with China, India and Vietnam among the fastest growers - was demonstrated by over 6.5% annual GDP growth in 2018, although in the case of China, its 6.6% growth was a 28-year low. Industrial production figures for China, the largest economy in the region, show a 10-year low, with growth of 5.3% in January and February 2019. This fall is due to the reduction in government subsidies and control to reduce debt, as well as the US tariff war, which is also impacting the US economy.
Key Highlights
- The total pipeline of projects is valued at US$1.27 trillion with US$205.5 billion being spent in 2019 and US$289.4 billion in 2020.
- The highest value of projects are at the planning stage with a total value of US$619.2 billion, followed by projects in execution with US$404.2 billion.
- Projects that are in the pre-planning stage total US$162.1 billion, while those in the pre-execution stage have a value of US$81.0 billion.
- Assuming all projects in the current pipeline proceed as planned, spending will reach US$289.4 billion in 2020 and fall to US$74.0 billion in 2023. The highest value of project completions will be in 2021, with a value of US$293.5 billion.
- The top contractors in the region are Rizzani de Eccher S.p.A based in Italy and Hochtief based in Germany. The top consultants are Hamburg Port Consulting and Copenhagen Airports AS.
Scope
- The report provides analysis based on CIC projects showing total project values for Asia-Pacific and analysis by stage and funding for the top ten countries.
- The top 50 projects are listed for the region giving country, stage, value of industrial construction.
- Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.
- Country profiles are provided for the top 10 countries including China, India and Indonesia.
- The value is also provided for six types of industrial project by stage.
Reasons to Buy
- Gain insight into the development of the industrial construction sector.
- Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
- Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.
Table of Contents
1. OVERVIEW
2. PROJECT ANALYTICS BY COUNTRY
3. ABOUT THE AUTHOR
List of Tables
List of Figures
