The Construction Sector in the Asian Economies

The Construction Sector in the Asian Economies

The Construction Sector in the Asian Economies

The Construction Sector in the Asian Economies

Synopsis

A collection of essential data on 11 Asian economies, outlining new trends and highlighting increasing differences between developed and developing countries. Features a detailed analysis of the state of the construction industry and its economic effects in Australia, China Mainland, China Hong Kong, India, Indonesia, Japan, South Korea, Philippines, Singapore, Sri Lanka and Vietnam.

Excerpt

This book is a unique collection of descriptions of the construction economies of 11 Asian countries plus that of Hong Kong, the Special Administrative Region of China. The countries involved are Australia, China Mainland, India, Indonesia, Japan, Malaysia, The Philippines, Singapore, South Korea, Sri Lanka and Vietnam. There is one chapter for each country relating to the years 1995-2001, preceded by an overview of the whole region in Chapter 1.

The book is a collaborative AsiaConstruct project contributed to by all the members. AsiaConstruct began as an initiative of the Research Institute of Construction Economy of Japan in 1993, which hosted the first meeting in Tokyo. The AsiaConstruct members hold an annual meeting each autumn at which each country presents its construction economy report for that year, thereby contributing to better understanding among the members of each other's characteristics. The meeting is hosted by a different country each year and a local audience is also invited to hear the country reports and contribute to discussion.

The annual compilations of the country reports are not formally published, however, and the purpose of this book is to capture for the record, during 8 years of operation, the substance of the information gathered together so painstakingly each year.

The result is an unusual and useful reference work valuable for both scholars in the economics field and for construction companies considering operations in different theatres, as well as for governments concerned with policy decisions in relation to their own construction industries.

The initial drafting of most of the chapters was carried out by staff of the Department of Building and Real Estate of the Faculty of Construction and Land Use of the Hong Kong Polytechnic University (the Department which represents China Hong Kong among the AsiaConstruct membership). Each country then became directly involved and the final product is very much a combined team effort.

Special thanks are due to Professor John Raftery one of the key drivers in the production of this book, and a pioneer in the involvement of Hong Kong with Asia-Construct, to Dr Chiang Yat-Hung, the project manager, and to Mr Sujeet Sharma who compiled much of the data from all the annual reports on a full-time basis thanks to a grant from the Hong Kong Polytechnic University. . .

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