Chinese property construction time lapse

James Marlay

Livewire Markets

This excerpt from a report written by Stephane Andre from Alphinity highlights the rapid pace and changing nature of development in China. He writes the following after a conversation with construction workers at the base of a building site. “When asked how long it would take to realise this vision, the developer swiftly responded: “18-24 months”! This is a pace we are not too familiar with in Australia. Putting this in context however is the recent record achieved in Changsha in the south east of China. A 57-storey skyscraper was recently built... in just 19 working days. This 80,000m2 fully energy- and CO2-efficient building has 19 atriums (atria?), 800 apartments and office space for 4000 people. Apparently the air inside the building will be “100 times cleaner” than the air outside! It used factory-produced modules which were made over several months and then assembled Lego-like in the 19 days, and required 15,000 fewer concrete trucks on site than a traditional build. It also released much less dust into the air, an important advantage in pollution-ridden China.” Incredible:


2 topics

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

Expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.