Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date27/06/2009
AuthorHeiko Bugs
Published Byasia@solidiance.com
Edited BySuneela Farooqi
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INDIA AND CHINA CONSTRUCTION INDUSTRY

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Document Type:General
Publish Date:June 2009
Primary Author:Heiko Bugs
Edited By:Suneela Farooqi
Published By:asia@solidiance.com

Evaluating the gap in infrastructure development between India and China. The presentation discusses the different stages of development and the gaps in infrastructure construction between the two countries, and reviews the drivers of growth and the opportunities that lie ahead in the sector. China and India– the two most populous countries, in the world, and the biggest combined potential for construction growth growth . . While While both countries produced produced similar per capita GDP until the early 1990s, the gap between their infrastructural facilities gradually widened as the economic reforms that China adopted in the 1980s began to take shape. Throughout the past two and a half decades, China has invested much more heavily in modernizing its physical infrastructure, and has taken a substantial lead over India. India’s infrastructure has been struggling to keep up with her growth and the accelerated pace of the last five years has rendered the existing infrastructure completely inadequate.

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