Published on : Sep 07, 2016
ALBANY, New York, September 07, 2016: A new market intelligence report has recently been added by ResearchMoz.us to its vast repository of research studies. The 44-page research study, titled “Project Insight - Road and Rail Construction Projects in Asia-Pacific,” offers an in-depth analysis, focusing on the trends and potential opportunities in the market. The research study further presents insights into the key growth drivers and challenges faced by key players in the road and rail construction projects in Asia Pacific. The research study presents data concerning the top projects, along with the start date of the project, location value, and the development stage.
The high rate of industrialization and urbanization in several countries in Asia Pacific is one of the primary factors expected to encourage the development of road and rail construction projects across Asia Pacific. In addition, the rising government support for construction activities is expected to speed up the road and rail construction projects in the next few years. Technological developments in this field are also estimated to drive the overall construction industry in Asia Pacific in the coming years.
As per the research study, the combined worth of the projects included in the study is US$3.15 trillion in July 2016. The research study has provided a thorough overview of the road and rail construction projects in 13 countries of Asia Pacific, namely India, Thailand, Malaysia, Mongolia, Australia, Pakistan, Hong Kong, Vietnam, Japan, Singapore, China, South Korea, and Indonesia. The overall outlook of the construction industry and project analysis have been included in the research report.
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As per the research study, the Asia Pacific region is estimated to surpass other regional segments in terms of economic expansion throughout the forecast period. In this region, China is witnessing a moderate economic growth, whereas the other nations, such as Indonesia, India, and Vietnam are expected to contribute substantially in the next few years. In 2015, the formation of the ASEAN Economic Community, which is struggling for the regional economic integration of these countries is projected to boost the economic growth and help in expanding the investments for transport infrastructure in the next few years.
Furthermore, the research study covers the specifics regarding the investments in the large-scale road and rail construction projects in Asia Pacific. The projects that are considered in the research study are at different development stages, from announcement to the execution of the project. The key categories that are included in the research study are roads, tunnels and bridges, railways, and trams and metros. The research study further analyzes the competitive landscape of the road and rail construction industry in Asia Pacific, focusing on the different levels of involvement of the contractors, project owners, and consulting engineers in this field.
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