In-depth Analysis & Market Evaluation of Chinese Influence on Global Infrastructure
Albany, New York, Sep 11, 2017: For many years, the construction industry in China trotted without any halts or pauses, but it was bound to cool down eventually. Perhaps, the recent downtrend in the construction activities and infrastructure development plans in the country is an indication towards nearing a point of saturation. However, this has not made any major influence on production of infrastructural goods and equipment in the country. China’s excess contractor capacity is now being exported in other parts of the world, mostly in the neighboring regions of the country. In the near future, the country is expected to play a greater role in global infrastructure. Market Research Hub (MRH) has announced the addition of a new report to its vast online repository, which reflects on the overall scenario of China’s growing influence on global infrastructure. The report titled “Chinese Influence on Global Infrastructure market report2017” systematically lists all the infrastructure projects across the globe that have Chinese connections including ownership, contractors and financing.
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China has emerged as a world leader in expanding its construction capabilities. Over the years, it has successfully created extraordinary infrastructures, including high-speed rail (HSR) networks, national trunk highway and massive energy production facilities. This report gives a commentary on all the infrastructure projects outside and inside China that involves Chinese companies. In addition, information has been provided about increasing involvement of Chinese companies in various regions of the world as well as ranking of the Chinese contractors in the respective regions. Further, the report also talks about the One Belt, One Road (OBOR) initiative by China, and associated projects. In the report, readers will come across the listing of major projects taking place in each region that have Chinese involvement and an update on their progress.
The following section of the report offers an assessment on the current situation of the China’s involvement in global infrastructure construction. This will enable the reader to have a better understanding of the active infrastructure projects that are being managed by Chinese firms. Also, the reader will gain insight of key Chinese construction firms that strong involvement in the infrastructural projects outside China.
As per the report, Chinese contractors are currently involved in more than 1,000 foreign construction projects, with majority of them being in the Middle East and Africa region and various emerging countries in Asia. Most of these projected large-scale and of high importance. The projects with Chinese contractor involvement currently account for around 16% of the global number, however, the mega size of many of these infrastructure initiatives indirectly corresponds to a much larger share global infrastructure project pipeline, surpassing a valuation of whopping US$17 trillion as of 2017.
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As per a new survey, China is considered as the largest foreign threat to local construction businesses followed by the U.S. Owing to close proximity to China and robust industrialization, developing countries in emerging Asia receive bulk of investment from Chinese companies. The IIC stated that Emerging Asia is home to 430 infrastructure projects valued at over US$1 trillion and several of these projects are related to China’s OBOR initiative.
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