The speed of urbanization has a great influence on construction and real estate

15/03/2017   Viewed: 536
The rapid urbanization of cities in Asia has had a major impact on construction and real estate. Densely populated cities are increasingly facing challenges related to their resilience and competitiveness besides providing affordable housing and infrastructure.
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The thriving cities increase the pressure on the built environment
The study by PwC and Oxford Economics said that the Asia-Pacific region would receive 60 percent of the global infrastructure investment by 2025. China, in particular, will be a major driver of development. This, fueled by the ambitious initiative "One Belt, One Road".
The impact of urbanization coupled with climate change and resource scarcity of real estate, construction and infrastructure will be discussed at the World Environment Building Forum. March 27-28.
Shanghai is home to the Creative Solutions Forum, which deals with the most pressing social and economic issues facing the built environment.
Will Myles, Asia Pacific's Managing Director for RICS in Singapore, said: "China and the Asia Pacific region are promoting global economic growth for generations. As the world's most populous city and a global financial center, the Shanghai Forum describes the challenges we face in creating a sustainable living space for our people. A perfect place to host the Second Annual World Environment Forum Building Summit. "
In addition to the participation of the Government, ideological leaders, social stakeholders, international financial service organizations, the forum also includes the participation of real estate professionals. great.

Source: batdongsan.com.vn

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