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    CONSTRUCTION

A global industry valued at US$15.4 trillion in 2023

Construction is experiencing a compound annual growth rate (CAGR) exceeding 5%. The total addressable market for Greater China is estimated at US$4.4 trillion, which includes sectors such as commercial, industrial, residential, energy and utilities, infrastructure, and institutional construction.

Our upstream assets are well-positioned to take advantage of regional infrastructure construction initiatives. This includes quarries that support the production of "Green" Cement and Aggregates dredges for securing silica for the concrete market.

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Through our Consultancy and Project Management initiatives we have gained access to a variety of government-scale infrastructure and commercial real estate assets, delivering a varied array of low-volatility income streams with predictable, long-term cash flow.

In 2024, China continues to honor its 45-year commitment to "opening up" its economy by allowing further industries to be fully owned by foreign entities and public-private engagements. We expect significant opportunities for established, pragmatic partners in these areas.

The recent multi-trillion US dollar government investment aimed at reducing greenhouse gas emissions indicates that China could see its carbon dioxide emissions peak between now and 2035. This marks a positive step toward its Net Zero goal by 2060.


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