Chinese firm LiuGong is opening a new R&D facility next to its Liuzhou HQ in June: this huge investment is set to benefit the firm – and the construction industry as a whole. Vice president Dave Beatenbough explains.
Global demand for construction aggregates is set to increase 5.2% a year until 2015 to 48.3 billion tonnes, according to research by The Freedonia Group in the United States. The same source tips China alone to account for half of all new aggregate demand worldwide in the period 2010-2015. Guy Woodford reports on the growing importance of the Asian aggregates market. China is already the biggest nation for aggregate production and use in the world, and the competition among the giants of aggregate productio
Caterpillar is taking a long term view in China, seeing the country as having immense potential for construction. The company has a large presence at bauma China, with its display focussing on equipment crucial to the Chinese market and this reflects its long experience in the country, having commenced operations in the early 1970s. Speaking at the firm’s bauma China press conference, Ed Rapp, Caterpillar Group President Construction Industry said, “Our display is about our long term position in China. Ther
Caterpillar is taking a long term view in China, seeing the country as having immense potential for construction. The company has a large presence at bauma China, with its display focussing on equipment crucial to the Chinese market and this reflects its long experience in the country, having commenced operations in the early 1970s. Speaking at the firm’s bauma China press conference, Ed Rapp, Caterpillar Group President Construction Industry said, “Our display is about our long term position in China. Ther
In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
