China’s Real Estate Market
China Railway Engineering Group, the largest Chinese contractor in 2010, is also planning to sell shares in late 2012 or 2013.The Company, which helped to build a highs speedrail line in Shanghai, seeks to raise about $1.5 billion.
In March 2009, reports emerged that China Railways Construction Corp., the second-largest construction company in China, according to ENR, would sell shares on the Hong Kong and Shanghai stock exchanges, raising about $2 billion.
China’s huge infrastructure needs are making construction companies attractive to investors. In early 2010, the government released its 12th five-year plan, which calls for scores of projects that will involve large amounts of new construction. The government wants to build new high-tech research and manufacturing facilities, upgrade transportation infrastructure, and expand the country’s pipeline and power transmission networks.
The Civil Aviation Administration of China, for example, has earmarked $17.4billion for the 2010–15 period to build 42new airports and upgrade others, reports The Standard, a Hong Kong-based newspaper.
That compares with about $14.8 billion spent over the previous 15 years. Further spending will go to expand the railway and highway networks, as well as to build new ports and dredge rivers.
Despite the very strong growth in most Asian construction markets in 2010, activity is slowing across the region. Measures taken in China and South Korea to cool the real estate market are having a noticeable effect.
中国的房地产市场
中国铁路工程集团，中国最大的承包商在2010年，还计划在2012年年底或2013.The公司，该公司建立了一个的高位speedrail线在上海，寻求出售股份集资约1.5亿美元。
2009年3月，有报道，中国铁路建设公司，在中国的第二个最大的建筑公司，根据航路，将出售股份于香港及上海证券交易所上市，集资约2亿美元。
中国巨大的基础设施需求正在建设公司对投资者的吸引力。 2010年年初，政府发布了其第12个五年计划，要求分数的项目，将涉及大量的新建筑。政府希望建立新的高科技研究和生产设施，交通运输基础设施的升级，并扩大该国的管道和电力传输网络。
例如，中国民航总局已预留$17.4billion2010-15年期间建立42new机场和升级他人，报告的标准，香港的报纸。
与此相比，约14.8亿美元，花费超过过去15年。支出将进一步扩大铁路和公路网络，以及建立新的港口和疏通河流。
尽管大多数亚洲建筑市场的增长非常强劲，在2010年，整个地区的活动正在放缓。在中国和韩国的房地产市场降温而采取的措施，都具有明显的效果。
