Transportation infrastructure outlook for 2012. Asia
Date
December 26, 2011
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We bring you today a report that explains the opportunities in the transportation infrastructure for 2012. The report highlights the bright future in India, China and Vietnam:.jpg)
"The three countries have the greatest potential for growth in the coming years as urbanization and modernization initiatives continue to be pursued by their respective governments".
Malaysian highway
On the other hand the report also explains that the risks of bureaucracy, intervention and corruption continue to be the main danger for the industry in the region. It quotes an example of intervention in Malaysia:...in January 2011 Prime Minister Najib Razak asked all highway concessionaires to either freeze, cut or abolish tol rates without compensation. MTD Capital, the country's second largest road operator, will freeze toll rates on the KL-Karak highway and the East Coast Highway Phase 1 for five years without compensation and without an extension on toll concessions.
There is a description of the outlook in South Korea, Vietnam, Japan, China, India, Hong Kong, Malaysia, Thailand and Indonesia. I would point out the massive project that South Korea is planning in Seoul.
Future underground road in Seoul
Seoul expects to spend US$9.7bn to build six underground roads beginning 2010 until 2017. The giant underground roads will be 40 to 60 meters below the ground.Download the report and download more reports on Asian infrastructure here.Follow us:- Linkedin group (more than 1,500 members)
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List of country news
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