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  • Archive from category "Construction"
  • Page 2

CPEC is set to revive construction and infrastructure market in Pakistan

Thursday, 11 May 2017 by Commodity Inside
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,
  • Published in Construction, Steel
Tagged under: construction, OBOR

The Chinese property market is set to be regulated further

Thursday, 23 March 2017 by Commodity Inside
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
  • Published in Construction
Tagged under: construction

Implications of oil prices on the construction infrastructure in Saudi Arabia

Tuesday, 21 March 2017 by Commodity Inside
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
  • Published in Construction, Energy
Tagged under: construction, energy

Behind the rising labour costs in the Chinese construction industry

Friday, 24 February 2017 by Commodity Inside
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%
  • Published in Construction
Tagged under: construction

New Chinese mortgage rules to support the property market

Thursday, 15 October 2015 by Commodity Inside
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
  • Published in Construction
Tagged under: construction
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