One Belt, One Road — the main beneficiary

In 2013, China’s president, Xi Jinping, proposed the ’One Belt One Road (OBOR) initiative, to create the world’s largest platform for trade and economic development. The State Council authorised the plan in 2015 comprising of two components, the silk road economic belt and the maritime silk road, creating a network of roads, railways and waterways.
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CPEC is set to revive construction and infrastructure market in Pakistan

China-Pakistan Economic Corridor (CPEC) is around 3,000 km long trade route from Pakistan’s Gwadar Port to Kashgar city in northwestern China’s Xinjiang Uygur autonomous region. The route is comprised of a raft of mega construction and infrastructure projects set to be completed by 2030. The Chinese government promised to finance CPEC with $46 billion investment,
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The Chinese property market is set to be regulated further

It has now been almost a year since Shanghai introduced its most stringent policy to control the overheating property market. The boom in the property market has not been limited to Shanghai only but also observed across other major cities. Prices are still climbing at double digit growths across major cities but they have recently
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Implications of oil prices on the construction infrastructure in Saudi Arabia

Growing population pressure and falling oil prices have been forcing Saudi Arabia to diversify its economy and attract investment in non-oil related industries. This will require some huge investment in the country infrastructure. The government has already prepared a long term development plan called Vision 2030 which encompasses all major sectors including building infrastructure. A
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Behind the rising labour costs in the Chinese construction industry

The labour cost in the Chinese construction industry has been on the rise due to labour shortages across major cities. However, the wage rise has still not overcome the shortage issue. The average wage in the Shanghai construction market reached nearly RMB 7,000/month in the final quarter of 2016, and registered an increase of 5%
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New Chinese mortgage rules to support the property market

China Central Bank has recently released a policy which reduced the minimum down payment for the first time home buyers from 30% to 25% of the purchase price. However, this policy mainly applies to tier-two and tier-three cities, which could help to boost the demand of the property market. China implemented the 30% down payment
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