The 6th International Infrastructure Investment and Construction Summit was held in Macau on the 4th. KPMG China Chairman Tao Wei said that the infrastructure industry will receive major attention in the next few years. Tao Wei pointed out that the current regional economic cooperation has become an important trend in the development of the world economy. In recent years, China's "One Belt, One Road" strategic concept is a new measure for China to promote regional economic development and cooperation. From Asia, Africa, Europe to Latin America, many countries have strong demand for infrastructure, so the related infrastructure investment faces huge market opportunities. “For KPMG China, the infrastructure industry is one of the key industries we will focus on in the next five years,†he said. Tao Wei also pointed out that according to the "Global Architecture 2020" report, the global construction market will grow at an average annual rate of 4.9%, increasing to 12.7 trillion US dollars in 2020, accounting for 14.6% of the world's total output. The “Belt and Road†has a population of 4.4 billion people, 26 countries and regions, and 21 trillion US dollars. Among them, China, India, Russia, Brazil, Poland and the United States will become the main markets for the growth of the construction industry. With the implementation of the “One Belt, One Road†national strategy, the infrastructure industry will benefit first, and the pace of Chinese construction companies going out is accelerating, and the scale of business expansion is huge. In addition, the “Belt and Road†strategy will also drive exports of construction machinery, power equipment and communications equipment with comparative advantages. At the same time, the “Digital Silk Road†will also enable interoperability in the areas of data information services, Internet services and international communications for the “Belt and Road†countries and regions. Vaughn Barber, chairman of KPMG's Global China Business Development Center, pointed out that Chinese companies entering new markets should consider working with local companies so that both Chinese and foreign parties can better detect and control risks and combine their strengths, including local The understanding of the market, strong financial strength and high-end technical equipment, in this way, can achieve the purpose of improving the comprehensive strength of the complex and improving the long-term benefits of the project. It believes that for the “One Belt, One Road†project, Chinese companies cooperate with other leading Chinese companies (including private enterprises) and multinational companies in design, construction, financing, investment and risk management, for all participants. An effective means of managing and controlling risk. In terms of financing, the PPP model will play an important role in the design, construction, financing, maintenance and operation of infrastructure projects in countries along the “Belt and Roadâ€. And Andrew Weir, president of KPMG's global real estate and construction industry, said on the same day that China is playing an important role in accelerating global infrastructure investment, and this will in turn drive global growth.
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