The World Economic Forum recently reported that the current annual global infrastructure demand is US $4 trillion, a staggering number. Yet by 2025, that number is expected to jump closer to US $9 trillion, led in part by a global explosion of emerging markets.
In China in particular, civil infrastructure projects are booming.
In early 2015, China announced the acceleration of 300 infrastructure projects this year, valued at 7 trillion yuan (US $1.1 trillion), as policy makers seek to shore up growth. China is investing more than 800 billion yuan (US $128 billion) in domestic railway construction alone in 2015, the same as last year’s final target. (Bloomberg)
