Axis Capital Group Grows with Singapore Infrastructure and Construction Industry

1
Axis Capital Group Grows with Singapore
Infrastructure and Construction Industry
2
Axis Capital Group Singapore, Jakarta news
3

• Singapore - The infrastructure industry is
  growing by the minute and not only does it affect
  the leading cities in Asia like China and India
  on its growth but developing nations as well such
  as Indonesia and Singapore.

4

• Axis Capital Group, with branches on both
  countries, has predicted this growth and has
  leveled with the biggest names in the industry in
  Singapore.

5

• In pursuance of delivering only quality
  construction equipment, the company also aims to
  provide Singapore as well as Indonesia with all
  the assistance it can give for growth.

6

• In Singapore alone, construction contracts are
  predicted to reach between 29 billion to 36
  billion this year, given a sustained pipeline of
  public sector projects. This is according to the
  Building and Construction Authority (BCA)
  Singapore.

7

• This follows an exceptionally strong performance
  from last year where a total construction demand
  set a new record of 37 billion, fuelled by a
  higher volume of institutional and civil
  engineering construction contracts.

8

• According to Global Intelligence, Singapore is
  the ninth most attractive city for real-estate
  investors for 2015. Many foreign investors have
  come to the country in search of greener
  pastures.

9

• However, as many alien nations seek out
  Singapores potential, many of the countrys
  wealthy business owners travel abroad for the
  expansion of their own brands, especially in UK,
  Australia, America, Japan and in the capital of
  Indonesia, Jakarta.

10

• Nevertheless, the nations growth remains
  debatable and has been contested by other
  reviews.

11

• According to Bloomberg Business, Singapore said a
  global slowdown in the final months of the year
  will cap full-year economic growth at about 3
  percent before an uneven recovery in 2015.

12

• The countrys main economy remains modest despite
  the slight increase but many still believes that
  there is still a bright future ahead for the
  construction industry.

13

• A new hospital and subway lines may have helped
  Singapores construction industry grow the most
  in a year last quarter, a bright spot in an
  economy otherwise hurt by an uneven global
  recovery.

14

• Construction, which made up 4.4 percent of gross
  domestic product last year, rose 8 percent in the
  three months through December from the previous
  period, data showed today.

15

• Axis, along with other construction specialist in
  the country remains optimistic as projects from
  both the public and private sectors are
  materialized.

16

• With that in mind, in an arduous journey towards
  growth, Singapore trusts in its allegiance with
  private companies that care for the country.

17

• You can also check our companys video here
• https//www.youtube.com/watch?vHl3jOKNLNgg
• E N D