Learn Details Of Hong Kong's Construction Market Expected To Grow At CAGR 2.19% Upto 2021

ALBANY, NY, March 2, 2017 : ResearchMoz presents professional and in-depth study of "Construction in Hong Kong Key Trends and Opportunities to 2021".

Synopsis
In real terms, Hong Kongs construction industry registered positive growth during the review period (20122016). Construction activity was weak during the 20132016 period due to the economic slowdown in China and the resulting impact on trade relations. Consequently, poor business confidence had a negative effect on investments.

Nevertheless, government efforts to stabilize economic growth through infrastructure and residential construction investments contributed to the industrys positive review-period growth.

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The industry is expected to expand at a slow pace over the forecast period (20172021). This is mainly due to the prevalence of global economic uncertainty, on account of the new anti-trade policies to be adopted against China by President Trump. Hong Kongs trade dependence on China is subsequently expected to adversely affect its economy. Efforts to strengthen the economy by focusing on developing the countrys commercial, housing, tourism and manufacturing sectors are expected alleviate the problem, although they will not solve it.

Government flagship programs, such as the Long-Term Housing Strategy (LTHS), Climate Action Plan 2030, Railway Development Strategy (RDS) and Hospital Development Program are expected to support the expansion of the industry.

The industrys output value in real terms increased at a review-period compound annual growth rate (CAGR) of 3.96%, and is expected to post a forecast-period CAGR of 2.19%.

Summary
Timetrics 'Construction in Hong Kong, Key Trends and Opportunities to 2021' report provides detailed market analysis, information and insights into Hong Kongs construction industry, including:

The Hong Kong construction industry's growth prospects by market, project type and construction activity

Analysis of equipment, material and service costs for each project type in Hong Kong

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Hong Kongs construction industry

Profiles of the leading operators in Hong Kongs construction industry

Data highlights of the largest construction projects in Hong Kong

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Scope
This report provides a comprehensive analysis of the construction industry in Hong Kong. It provides:

Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Hong Kong using construction output and value-add methods

Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

Analysis of key construction industry issues, including regulation, cost management, funding and pricing

Detailed profiles of the leading construction companies in Hong Kong

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