Chinese Influence on Global Infrastructure - Key Highlights

  • Published:Wednesday, September 20, 2017


In recent years, as the domestic construction sector has begun to cool off, China has begun to look beyond its borders to export excess contractor capacity and have a wider influence on infrastructure more globally, led by its One Belt, One Road (OBOR) initiative.

 

The OBOR initiative seeks to improve infrastructure in emerging nations across Asia, the Middle East and Africa and Europe. The Infrastructure Intelligence Center (IIC) is currently tracking 111 large-scale OBOR infrastructure projects with a combined total value of US$688 billion.

 

China’s involvement is not limited to just OBOR projects, as Chinese companies are involved in some capacity in US$2.6 trillion worth of projects outside China. This influence has not been lost on construction companies around the globe; with 31% of respondents in Timetric’s recent Globalization and Construction survey citing China’s firms as the greatest foreign threat to their construction businesses. 

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