Market Report, "Hong Kong Infrastructure Report Q2 2014", Published
We do not expect a significant improvement in construction growth in 2014. This is because we expect several factors that dampened construction activity in 2013 - namely, a near-term decline in the project pipeline and a slowdown in China's economic activity - to grow in prominence in 2014. However, we reiterate this does not translate to a dearth in growth opportunities in the city over the long term as the government has a large number of construction projects planned in...
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