BEST LT SERIES CHINA ROAD ROLLER

2019年11月18日星期一

THE NEW SILK ROAD IN NUMBERS

China is in the midst of re-drawing the map of the world. The New Silk Road, a global trade strategy based on the ancient Silk Road trading route, involves countries on three continents and more than half of the world’s population.

The Chinese government announced its megaproject plans in 2013 – to connect China with the rest of world by reviving the ancient Silk Road trading routes to the West. Countries in Asia, Africa and Europe are involved in the major project, formally named the Belt and Road Initiative, with the goal to promote economic cooperation across the continents.

The infrastructure program concerns not just one but a number of routes connecting China with the world, both over land and by sea. Projects all over the world are already well underway. In 2017, the first freight train set off from Yiwu in China for London in the United Kingdom. Kazakhstan is a key part of this initiative, where a rail hub, the Khorgos Gateway, is being built in the middle of the desert. The biggest part-project is a route connecting China and Pakistani sea port Gwadar.

Here are some key figures to describe this global megaproject:

Over USD 90 billionChina’s direct investment in the project from 2013 to 2018.

12,000The length in kilometers of the train route connecting China and the United Kingdom.

3,000The number of residents in Nurkent, a town built completely from scratch in Kazakhstan used to house the people constructing the new rail hub.

404The number of Volvo machines sold for projects along the New Silk Road.

66The number of countries, including China, which are directly involved in infrastructure projects within the Belt and Road Initiative.

24The number of projects constructing the New Silk Road that Volvo CE is involved in.

18The number of days it takes to travel by train from China to the United Kingdom.

9The number of countries the train track passes through (China, Kazakhstan, Russia, Belarus, Poland, Germany, Belgium, France and the United Kingdom).

As a leading China construction machinery manufacturer and supplier, Lutong will always offer the best construction machinery for our African clients, including road roller,motor grader,wheel loade,excavator,crane etc.
Welcome to visit the website:
https://www.lt-roadroller.com/

Asia Pacific, a Growing Construction Market

Because China, Indonesia, India, and Malaysia are emerging markets, the Asia Pacific (APAC) construction market is growing strong and is expected to continue to do so over the next six years. This construction industry expansion translates into an increase in demand of heavy-lifting equipment. Today, the Asia Pacific construction market (excluding India) is worth $4.95 trillion USD and is projected to reach $5.45 trillion USD by 2021. Economists also expect tower crane revenues to increase to $5.5 billion USD by 2025 and global crane shipments to grow 9%, thus forecasting plenty of room for industry growth.

An Overview of the Market

Given that APAC is a combination of both emerging markets and developed economies, the growth potential is unlike anything seen before. Emerging countries are looking for highly productive, efficient, and eco-friendly lifting technologies. Since many of these countries have extremely dense urban areas, cranes with vertical lift features and small working radii become additional necessities.

With APAC’s economic growth come construction growth possibilities. By 2020, one-half of global construction spending is expected to come from APAC countries, with China, Indonesia, Japan, South Korea, and Malaysia exhibiting the greatest growth potential. Among these nations, the most relevant examples are:
• China’s construction industry is expected to grow 4.5% through 2021, with large-scale growth in infrastructure projects by the government.
• Indonesia has the highest construction growth potential right after China. Growing at 8 to 9% annually, both residential and non-residential construction are contributing to Indonesia’s potential.
• Japan’s residential and infrastructure construction account for 28 to 33 percent of construction activities. Although growth is expected to slow down over the next year, natural calamities and infrastructure upgrades for the upcoming Olympics are making it a solid market.
• India is expected to grow at twice the rate of China over the next eleven years, especially in the infrastructure sector where the government is expected to invest $376.5 billion USD over the next three years.

Singapore, a Market All On Its Own

Singapore is in a class all on its own in the construction industry, having grown steadily over the past few years. 2019 promises to be even better with spending projections between $19.8 billion to $23.4 billion USD, 60% of which will be in the public sector for infrastructure and industrial building projects. Construction spending is expected to increase from $20.5 billion to $25.6 billion USD by 2023.

2019年11月12日星期二

Africa Construction Market Key Market Trends

Chinese Investments and BRI Initiative

According to recently held, Forum on China-Africa Cooperation (FOCAC) in December 2018, Chinese President Xi Jinping announced that China will be providing USD 60 billion in financial support to Africa. President Xi gave the following breakdown for the partial distribution of funds: USD20 billion in credit lines, USD15 billion in grants, interest-free loans, and concessional loans, and USD10 billion in investment financing.

China is Africa’s biggest and strongest ally and in recent years has pumped millions of dollars into the continent. Chinese investment has increased globally, and Africa is the third-largest destination for Chinese investment behind Asia and Europe. However, investment toward sub-Saharan Africa slightly declined in 2017, following the slight drop in aggregate Chinese investment.

In recent years, Nigeria has received relatively large funds from China for railways. China is backing two major standard-gauge rail projects: One is a line from Lagos to Kano, the other is a coastal railway from Lagos to Calabar.

The country is also involved in building railways in Kenya, Ethiopia, and Zambia, among others. For instance, the Chinese Export-Import Bank provided 85 percent of the funding for the USD 475 million Addis Ababa Light Rail, which serves 4 million of the city’s residents. The investments in energy though mainly made up of oil and gas investments also comprised investment in clean energy such as hydropower.

Infrastructural Developments in the several African Countries.

Kenya

The Kenya Construction industry has a high growth rate potential over the forecasted period under the national long-term development policy THE KENYA VISION 2030. The national policy aims to transform Kenya into a newly industrializing, middle-income country providing a high quality of life to all its citizens by 2030 in a clean and secure environment. Kenya Vision 2030 overall goal for the construction sector is to increase its contribution to Gross Domestic Product (GDP) by at least 10% per annum and propel Kenya towards becoming Africa’s industrial hub.

Tunisia

Construction activity in Tunisia over the forecast period (2019–2024), the industry is expected to grow supported by investments in public infrastructure, residential and renewable energy projects. Government flagship programs such as Tunisia 2020, the five-year development plan, and Renewable Energy Action Plan 2030 is expected to drive the industry’s growth over the forecasted period.

Under the Tunisia 2020 national five-year development plan, the government plans to develop several large scale projects in the transport, tourism, energy and utilities, education, healthcare, communication, industrial and housing sectors until 2020. The program involves a total budget of TND127.8 billion (USD60.0 billion), of which TND53.3 billion (USD25.0 billion) will be provided by the government.

The total construction project pipeline in Tunisia are including all mega projects with a value above USD 25 million each, stands at TND 112.4 billion (USD46.4 billion). With 82.4% of the pipeline, value is being in the pre-planning and planning stages as of April 2018.

South Africa

South Africa’s construction industry continues to face tough times amid lower investment in infrastructure by government, low business confidence and lower foreign direct investment.

AFRICA CONSTRUCTION MARKET - GROWTH, TRENDS, AND FORECAST (2019 - 2024)

Africa Construction Market - Segmented by (Commercial Constructions, Residential Constructions, Industrial Constructions, Infrastructure (Transportation Constructions)), and Energy and Utility Constructions - Growth, Trends, and Forecast (2019 - 2024)

Market Overview

The Africa construction market is expected to register a CAGR of 6.4% over the forecast period, 2019 – 2024.

The African construction industry is the target destination for most large economies. This is because of accruing benefits and/or advantages such as availability of huge natural resources, huge investment opportunities in energy and infrastructure, cheap labor, and a fast-growing consumer market. Also, there is a beneficial business environment that includes favorable economic development policies and rising commodity prices in addition to continued progress in the fight against corruption and the adoption of democratic governments.

According to the Industry sources 482 projects valued at USD 50m or above each that had broken ground by 1 June 2018. In total, these projects are worth USD 471 billion. It nearly doubled the total project value from 2017 as it was USD 210 billion.

As a region, East Africa has the largest number of recorded projects with 139 projects. North Africa accounts for the largest share of projects in terms of value at 31.5% (or USD148.3bn). The projects included are spread over 43 of Africa’s 54 countries. Egypt is the single country having the most projects with 46 projects (9.5% of projects on the continent) as well as the most projects by value at USD79.2bn (17% of the continent’s value), edging out South Africa and Nigeria respectively.

As a sector, the Transport sector has 186 projects 22.7% of total project value, following by power and energy projects with a share of 24.4 of the total project value.

As a leading China construction machinery manufacturer and supplier, Lutong will always offer the best construction machinery for our African clients, including road roller,motor grader,wheel loade,excavator,crane etc.
Welcome to visit the website:
https://www.lt-roadroller.com/

The Market In Africa For Construction Equipment & Heavy Machinery

The booming construction sector has led to rising demand for machinery and equipment for African countries...

The burgeoning construction sector in many African countries has harbingered good times for companies manufacturing construction machineries and equipment as well as those selling used and refurbished heavy equipment and machinery. The appreciable increase

used construction machinery in real estate and construction activities in African countries has resulted in a substantial surge of demand for concrete mixers, bar-bending and cutting machines,road roller, motor grader,excavators and backhoes and earth rammers.

As a professional manufacturer of road construction machinery, Lutong has been very focus on the development of African market.

Lutong will always provide the best road roller and motor grader,and other constrution machinery to our African clients.

Lutong exported two excavators and one motor grader to Guinea

In Feb 2019,Lutong exported two excavators and one motor grader to Guinea.
After the client received these products,he emailed us that:
Good China construction machinery manufactory.price is good I like,my customers like,then next time purchase more.
Lutong excavator is a good helper for me.good service
Good guy.Thanks Frank.Thanks Lutong.Good quality,quick delivery.

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