Should UK contractors try and be a part of China’s construction boom?
New research indicates that a new skyscraper is being built every three days in China and this will continue for three years, which means hundreds of new skyscrapers are being built.
Building Design report that the 2011 China Skyscraper City List showed the staggering increase in construction activity in China in recent months and the plans for the next few years. The main points are:
– Five out of the top 10 tallest buildings in the world are based in China and Taiwan
– Out of the 50 skyscrapers being built in the next six years around the world – half of them will be in China
– China has 2000 skyscrapers (over 500ft tall) under construction or in the pipeline – that’s the equivalent to the total number of skyscrapers in the USA.
Financial experts have questioned whether China is overdoing it and just building skyscrapers for the sake of it, but regardless, this is huge for the global industry and something the UK construction industry should look to be a part of.
The UK construction industry is going through a tough time, just like any industry in the midst of a recession. Why not try and capitalise on another country’s construction boom and try and win work on some Chinese projects?
What do you think? Should UK companies try to capitalise on China’s immense success? Let us know and leave your comment below…
- Death of London’s Skyscraper’s? (train4tradeskills.wordpress.com)
Posted on June 14, 2011, in construction jobs, construction news, electrician jobs, plumbing jobs, train4tradeskills and tagged Architecture, China, construction, construction jobs, construction jobs china, electrical jobs china, plumbing jobs china, Skyscraper, t4ts, the 2011 China Skyscraper City List, train 4 trade skills, train4tradeskills. Bookmark the permalink. 1 Comment.