New Market Study Published: Hong Kong Infrastructure Report Q3 2012
BMI View: Activity in Hong Kong's construction sector has surprised on the upside, despite the general decline in appetite for residential construction and the weakness of the Chinese economy. The government's plan to provide more land for housing appears to have worked, with real estate transactions and residential building construction activity reaching record highs. Combined with the implementation of several large-scale transport infrastructure projects, construction activity in Hong Kong looks set to be more robust than initially anticipated. As a...
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