Project Insight - Industrial Construction Projects: Asia-Pacific
With Asia-Pacific leading the recovery in global trade growth with 7.4% in the first half of 2017 it is not surprising that it also leads in the industrial construction investment with the two major economies of India and China leading this investment. Industrial production has been helped by improved global demand and strong home market demand. Commodities have strengthened, with metal prices rising and tech restocking, which has also assisted in growth.
This report provides detailed analysis, information and insights based on 1557 CIC projects in Asia-Pacific, including detailed metrics on the region's industrial construction projects (as tracked by CIC) split by country and value and by type of project, pipeline, refinery etc. Country profiles are provided for the top 10 countries including India, China and Indonesia.
Timetric’s Construction Intelligence Center (CIC) is currently tracking industrial construction projects in Asia-Pacific with a total value of US$1.13 trillion. Of this, US$606.8 billion is in the planning stage.
India accounts for the highest value with US$376.7 billion, followed by China with projects valuing US$221.9 billion. Indonesia and Australia follow with projects with a value of US$122.9 billion and US$96.2 billion respectively.
Asia-Pacific’s highest project investment is in manufacturing plants with a value of US$410.1 billion, followed by metal and material production plants with a value of US$242.6 billion.
The largest projects currently in the pipeline are the US$30.0 billion Nanjing Semiconductor Manufacturing Plant in China and the US$28.0 billion Tanah Kuning Industrial Park Integrated Ferronickel Complex in Indonesia.
The report provides analysis based on CIC projects showing total project values for Asia-Pacific and analysis by stage and funding for the top 10 countries.
The top 50 projects are listed for the region giving country, stage, value and type of industrial construction. Values by six types of project categories are given including manufacturing plants, metals and materials production and processing and chemical and pharmaceutical plants.
Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
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