NIPSEA Group unveils nine colours set to trend across Asia

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The nine trend colours were curated and handpicked by more than 50 design professionals, colour experts and enthusiasts. Image courtesy of NIPSEA Group.

The nine trend colours were curated and handpicked by more than 50 design professionals, colour experts and enthusiasts. Image courtesy of NIPSEA Group.

NIPSEA Group, one of Asia’s leading paint and coatings manufacturers recently launched its second “Trend Beyond Colours”, unveiling nine key colour palettes featured across three inspirational themes: “We Are One”, “New Eco” and “Wonder-Lust.” The nine colours are forecasted to drive utilisation across various industries and applications in 2016 and 2017.

The nine trend colours were curated and handpicked by more than 50 design professionals, colour experts and enthusiasts from all over the Asia Pacific region during the Asia Pacific ChromaZone Colour Forecasting Workshop 2015, organised by Colour Marketing Group (CMG).

“We study and analyse the effects of colours and how behaviour is influenced by colours in Asia to capture the region’s essence,” said Wee Siew Kim, Group CEO of NIPSEA. “We then translate these into nine colours under three themes, to make it easier for our consumers to develop their own stories in the future,” he added.

“We Are One” features modern colours that remind consumers how new age technology and social media are constantly affecting our lives and keeping us connected wherever we are. The second series, “New Eco” celebrates the wonders and simplicity on Nature, bringing consumers back in touch with Nature through the use of stylish yet comforting colours, while “Wonder-Lust” embodies all things YOLO as it explores consumers’ discovery for the perfect balance in life.

Trend Beyond Colours 2016/17 is available for download online. To download or to read it online, visit www.nipponpaint.com.sg/colours/trend-beyond-colours.

Plazit-Polygal launches economic new roofing material

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The easy-to-fit system comes in five colours. Image courtesy of Plazit-Polygal

The easy-to-fit system comes in five colours. Image courtesy of Plazit-Polygal

Plazit-Polygal, a producer of polycarbonate building materials, has launched Topgal, a modular range of translucent roofing material, which is attractive, economic, flexible and easy to install.

The Topgal range is suitable for any building that requires natural light, such as sports stadiums, commercial buildings and even pool enclosures. The Topgal sheets come in five different colours: clear, bronze, ice, blue and polyshade silver. It also comes in a variety of sizes and thickness levels, and delivers different levels of light transmission to meet even the most demanding of needs.

Topgal panels are linked together with easy-to-fit connectors, which create a mechanical lock between the sheets, ensuring that the panels are strong and watertight. Fixture points are hidden and the sheets can be flexed to suit any type of structure.

The Topgal system. Image courtesy of Plazit-Polygal.

The Topgal system. Image courtesy of Plazit-Polygal.

“The Topgal system is translucent but all damaging UV rays are filtered out while heat transference is limited,” said Tito Asher. “It is modular so units can be added as needed,” he added.

The Topgal standing-seam panels and components integrate the unique properties of multi-wall structures to deliver superior strength, rigidity and thermal insulation. Topgal sheets are manufactured in 600 mm and 1,000 mm widths (centre to centre) and in thicknesses from 8 mm to 20 mm. In addition to the standard colours, Plazit-Polygal can tailor special colours and solar radiation levels. Find out more at www.plazit-polygal.com.

Iconic Parisian tower comes to life in Macau

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An artist’s rendering depicts The Parisian Macao, slated to open in the second half of 2016. Image courtesy of Sands China Ltd

An artist’s rendering depicts The Parisian Macao, slated to open in the second half of 2016. Image courtesy of Sands China Ltd

Standing next to another distinguishable Sands development, The Venetian Macao, the replica Eiffel Tower at the Parisian Macao is set to become both a landmark feature and a popular outlook, offering guests and visitors alike spectacular views of Macau’s bustling Cotai Strip.

The Macau Eiffel Tower, which is half the scale of the original, is a faithful replica of the famed 19th century counterpart in Paris, and retains many decorative features of its Paris cousin, including cornice scrolls, balustrades, gussets plates, lattices, staircases and mesh screens around the observation decks.

Global engineering consultants Aurecon was closely involved in the planning and design for the distinctive new structure. The company provided full structural engineering consultancy on the job, and helped manage the difficulties of maintaining an authentic design while addressing the challenges caused by extreme weather, a congested construction site, and the anticipated high number of visitors.

At the project’s outset, Aurecon provided the drafting of the tower using Revit software, which allowed the team to visually represent the complicated design connections in 3D. This made it easier to detect any potential challenges or clashes that might arise during construction even before building work had begun. As a result, this ensured time-consuming amendments at the shop drawing preparation or fabrication stage were avoided.

“The key to recreating this iconic landmark has been strong team work and the close collaboration between the design and construction teams,” says Dr Alecs Chong, Aurecon’s project leader on the Macau Eiffel Tower. Dr Chong says the close co-operation between the design and construction teams started at the earliest stages of the project, and has delivered efficiency improvements from the beginning.

Among the biggest challenges for the design team was addressing the issue of typhoons, which occur seasonally in Macau. In particular, the design team had to ensure it made the correct critical wind loading calculations for the tower in the event of a direct hit from a typhoon.

“We used the Equivalent Static Wind Loads (ESWL) approach developed for towers to determine the critical wind loads,” says Dr Chong. “We also ran a series of studies to investigate the wind-induced dynamic response at the tower’s top peak at various wind speeds. And we then looked at the subsequent impact on human comfort in terms of potential vibrations. Our thorough investigations and scenario planning allowed the project team to ensure not only an aesthetically pleasing and accurate design, but also a safe one.”

A luffing jib crane facilitated the modular construction method on site. Image courtesy of Aurecon.

A luffing jib crane facilitated the modular construction method on site. Image courtesy of Aurecon.

A further challenge for the design team was accounting for the very high number of visitors the attraction is likely to draw. In particular, says Dr Chong, they focused on the footbridge that will connect the tower with an adjacent casino complex. Aurecon and its partners also had to contend with how to get the large steel sections needed for the tower’s construction to the job site and, once there, how to assemble them.

“The port of Macau is neither large enough nor deep enough for the vessels that would normally deliver the oversized steel sections needed,” says Dr Chong. “As a result, the job had to request shallow-hulled vessels, but this limited delivery capacity. This, in turn, meant we had to plan the size of the delivery racks, to maximise delivery capacity and minimise delivery costs, which were estimated as being anything up to a quarter of the overall material cost.” And on the job site itself, there was a challenge presented by the selection of the tower crane needed to place the steel and other building materials.

The solution came in the form of a luffing jib crane, which can articulate its jib between the horizontal and near vertical angles. Using such a crane, and fitting it with a shorter jib, meant less of the lifting force was distributed laterally and more was directed down the crane’s mast. With a maximum hoisting capacity of 28 tons, the crane facilitated the modular construction method on site, overseeing the fast and safe installation of building elements.

Overall, says Dr Chong, being involved on the recreation of the Eiffel Tower on the Parisian Macao Integrated Resort has been a hugely challenging yet rewarding venture for the team at Aurecon. Visit www.aurecongroup.com for more.

50,000 visitors grace inaugural Intelligent Green Building exhibition

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The Shanghai edition, which comprised five fairs, occupied 40,000 square metres of exhibition space

The Shanghai edition, which comprised five fairs, occupied 40,000 square metres of exhibition space

The Shanghai edition of the the “Intelligent Green Building – IGB” exhibition platform – held from September 23 to 25 at the Shanghai New International Expo Centre – featured over 700 exhibitors showcasing an array of products and solutions for smart homes, intelligent building, HVAC, building automation and more.

IGB comprised five different exhibitions, namely Shanghai Smart Home Technology (SSHT), Shanghai Intelligent Building Technology (SIBT), Shanghai International Lighting Fair (SILF), Shanghai International Trade Fair for Heating, Ventilation and Air-Conditioning (ISH Shanhgai & CIHE) and Building Solar China (BSC)

Intended as a cross-sector building ecosystem with total solutions for energy-efficient building technologies, IGB was also a successful platform for industry players to forge better business opportunities, especially as smart home technologies steadily gain global prominence. Exhibitors and trade associations found the exhibition to be an effective platform to promote mutual business development.

Mr Sun Rui, Marketing Manager of Jiujiang Derui HVAC Co Ltd, a system integrator, commented: “It is great to showcase HVAC, smart home and building technologies under one roof. The heating industry crosses over with home decoration in many areas. Along with the growing popularity of heating supply in East and Central China, the requirements of customers become more sophisticated. They look for the integration of lighting, heating and air conditioning for homes. These fields are interrelated and complementary.”

IGB also served as an effective platform for networking and mutual development.

IGB also served as an effective platform for networking and mutual development.

An “#IGB_NETWORK” event was organised by the IGB platform in the afternoon of 23 September, where influential industry professionals freely exchanged ideas on building efficiency and sustainability in a casual environment. Participating guests, included the chairmen and chief secretaries of significant international and domestic trade associations and standards organisations, leaders and experts from renowned building enterprises, colleges and universities, design institutes and trade media, appreciated the networking opportunities.

Mr Tom Owens, Director of International Development at the Custom Electronic Design and Installation Association (CEDIA), commented that the “#IGB_NETWORK” event was a great way to start off the shows. He said, “There are a lot of professionals that believe in the same things. The networking event is a great way to create partnerships and build new relationships.”

Visit www.intelligentgreenbuilding.cn for more information, and register online at www.intelligentgreenbuilding.cn/vor.

 

Singapore-based design firm makes Interior Design magazine’s Hospitality Giants 2015 list

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Cocktail lounge of Bin 38, designed by Alan Barr. Image courtesy of greymatters

Cocktail lounge of Bin 38, designed by Alan Barr. Image courtesy of greymatters

greymatters was recently ranked #68 in hospitality design by Interior Design magazine in its annual industry rankings, making it the only Singapore-based firm – and one of the only two firms headquartered in Asia – to make the cut this year.

Alan Barr, founder and Managing Director said, “We are thrilled to be recognized by Interior Design Magazine as being amongst the top design firms in the hospitality sector. It is truly an honour, especially with the increased competition in this industry, hence we will continue to strive to be innovative and creative in our ideas and solutions, in order to push the boundaries for ourselves and our clients.”

The firm, which just celebrated its online casino third anniversary, has various exciting projects in the works, such as its first full hotel project, the Amari Hotel & Resort in Galle, Sri Lanka, followed by W Resort & Spa renovation in the Maldives, Ozo UM City Hotel in Iskandar, Malaysia and more. greymatters is set to expand under the helm of Alan Barr, a prominent designer in the field, and is fast becoming a design force to be reckoned with. Visit the firm’s Facebook page to keep up with its latest projects at www.facebook.com/SuiteGreyMatters.

 

Visitors up by 22% in SIBT 2015 fair

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Aisle 3The 2015 edition of the Shanghai Intelligent Building Technology (SIBT) fair opened its doors from 23 – 25 September at the Shanghai New International Expo Centre. Once again, the show was jointly organised by Guangzhou Guangya Messe Frankfurt Co Ltd, the China Council for the Promotion of International Trade – Shanghai Pudong Sub-Council, and Shanghai Hongshan Exhibition Service Co Ltd. SIBT was also held alongside its debuting sister exhibition, Shanghai Smart Home Technology (SSHT). A total of 230 exhibitors spread across 13,000 sqm of fairground space welcomed a record-breaking 20,589 visitors, a 22% increase over last year, from 47 countries and regions.

This year was the ninth edition of SIBT. Commenting on the significant results achieved in 2015, Ms Lucia Wong, Deputy General Manager at Messe Frankfurt (Shanghai) Co Ltd, said: “We are grateful for the strong industry support we continuously receive, which enables SIBT to grow in unison with the intelligent building industry’s multidirectional development. The industry’s growth potential ranges from the individual applications of smart technologies to the construction of smart cities with IoT and cloud centres. In addition to IoT development and the integration of intelligent buildings, building controls and smart homes, another trend is data communication between smart home applications and controls with various external information sources. In response to these trends, we were delighted to debut SSHT in conjunction with SIBT which formed a comprehensive industry technology platform. Throughout the fairs, the integrated application of smart technologies and Internet Plus, and innovative ideas surrounding big data, smart home, intelligent building and smart cites were discussed. The platform encouraged knowledge exchange and helped industry players to explore the abundance of business opportunities in the Internet Plus era.”

Booth 2  Interaction 5

Comprehensive intelligent building technology platform showcased development trends within the IoT era

Demand for intelligent buildings presents great development opportunities for the building automation systems sector. The growing market for intelligent buildings in China looks to optimise automation systems, integrate innovative solutions and enhance users’ experiences. Various well-known brands specialising in different areas of the intelligent building sector took part in the show to demonstrate their latest technologies and innovations. Participating brands included A&R, Aikewa, Beckhoff, Control4, Echelon, EnOcean, GVS, HaiLin, HeDong, IoT Sensor, KNX, ORVIBO, Premium-Line, REC WAGO, RICISung, Ruixuan, SenseAir, TCS, Tiancheng and others. Areas covered by their featured exhibits included:

Building Automation Technology

Demand for the integration of building automation and light current systems is increasing. Being able to manage operations on a single platform has its benefits such as minimising wiring and installation costs, optimising user friendliness and improving ease of maintenance. Additionally, the rise of cloud computing and big data has stimulated demand for intelligent building analytic products such as operation analysis tools for building automation systems.

Integrated Intelligent Building Solutions

The market is now asking for integrated intelligent building solutions which incorporate Internet Plus into intelligent building technologies. This trend is a major driver for the development of energy consumption data analysis, which aims to effectively reduce building energy consumption levels.

Intelligent Building Network Standards

The open standard for the intelligent building market in China is still in the developmental stage. Data sharing between automatic control systems and various business systems is becoming more mainstream and energy efficiency will become the ultimate goal for intelligent buildings in the future.

The KNX Association and its 21 attending member companies showcased solutions that are compliant with KNX’s international industry standards, including smart controls, wireless best online casino systems, sensors, security systems, cameras and more. Mr Heinz Lux, CEO of the group, mentioned that they were satisfied with the flow of visitors to KNX’s area this year. “Considering the volume of smart home products on display at this year’s event, we believe that the Chinese market has fully accepted smart home and building automation technologies. As such, more and more ground-breaking innovations and market-changing technological applications will be developed in the future,” he added.

Overall, many exhibitors noted an impressive visitor flow and met high quality target customers. Giving their testimonial include first-time exhibitor Beckhoff Automation (Shanghai) Co Ltd – a German manufacturer of automation systems, WAGO Electronic (Tianjin) Co Ltd – supplier of smart electrical products, and HaiLin Energy Technology Inc – provider of integrated energy efficient solutions.

Exhibit 10

Convergence of industry experts, insights and new initiatives

The development of the intelligent building and smart home market is boosted by information sharing. To facilitate this, SIBT, together with SSHT, organised 13 technical forums with 80 hot-button topics, which focus on technology and innovation. Some of the forums were:

Intelligent Building and Smart Home Standard Forum

Reputable international building standards organisations and associations, including the AllSeen Alliance, Bluetooth SIG, EnOcean Alliance, KNX Association, LonMark International, Z-Wave Alliance, ZigBee Alliance and others, shared their techniques on network standards and outlook on future development.

LonMark International has been committed to developing standards for open interoperable control systems that focus on efficiency. The organisation presented “An Introduction to Open Systems: Developing Building, Streetlighting, and Smart City Applications Using Open Control Networking Standards” seminar, which discussed the fundamentals of interoperability through common device profiles and their applications in building automation, home automation and outdoor lighting systems.

Intelligent Technology Innovations and Modern Building Developments Forum

SIBT partnered with the Intelligent Engineering Branch of China’s Exploration and Design Association to co-organise the “Intelligent Technology Innovations and Modern Building Developments Forum”. The event gathered designers, system integrators, engineers and manufacturers to discuss the innovative technologies, applications and trends of intelligent building. Topics covered included “Integrated Micro Modular Data Centre Solutions”, “Application of Coloured Steel Bridge in Building”, “Intelligent Building– Simple but Smart Network Solutions” and more.

2015 Modular Data Centres and Cabling Forum

Joining the China Data Center Committee (CDCC) and China Cabling Team (CTEAM) of CECS, the fair organisers co-organised the forum. The event invited renowned data centre experts and end-users of modular data centres to share their experiences and insights. Furthermore, the combined presentations by manufacturers and distributors of electricity supplies, air conditioners for engine rooms, and networks and cabling offered a comprehensive view on how to build modular data centres.

The show’s concurrent events were a success and created industry dialogue. Visitor Mr Zhenghao Wang, Electrical Engineer of the Department of Design Management at Shanghai Sanxiang (Group) Co Ltd, shared: “As a real estate developer, our focus is to figure out the value of smart homes and buildings so that users can benefit from their practicality, ease of use and human-centric features. We participated in the exhibition and forums as we wanted to understand more about building energy efficiency and smart home technologies. We will come back again next year.”

Given the success of the concurrent events, Ms Lucia Wong, added: “The industry has to absorb and implement new technologies in order to add innovative designs and ideas to traditional architectural concepts. We will continue to strive for the best, raise the technical level of the fair and concurrent events, promote industry exchange and industrial development, and cope with the development of the Internet, digitisation and integration trends.”

Visitor with product 2

SIBT and SSHT are a part of Messe Frankfurt’s building and energy shows, headed by the biennial Light Building event in Frankfurt, Germany, which will take place from 13 – 18 March 2016. Additionally, light and building fairs will also be hosted in Argentina, India, the United Arab Emirates and Russia.

 

For more information on Light Building shows worldwide, please visit www.light-building.com/brand.

 

The next editions of Shanghai Intelligent Building Technology and Shanghai Smart Home Technology fairs are scheduled to take place from 31 August – 2 September 2016. To find out more information about these events, please visit www.building.messefrankfurt.com.cnor email building@china.messefrankfurt.com.

Over 73,000 buyers converge at Lighting, Building & Eco Fairs

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The Autumn Lighting Fair is a major event for the Asian lighting industry that attracts buyers from all over the world, as evidenced by the large number of visitors to the venue

The Autumn Lighting Fair is a major event for the Asian lighting industry that attracts buyers from all over the world, as evidenced by the large number of visitors to the venue

The Hong Kong International Lighting Fair (Autumn Edition), Eco Expo Asia, Hong Kong International Building and Hardware Fair and World of Outdoor Lighting & Lighting Accessories (WOLLA) came to their successful conclusions over the past couple of days. Together these events attracted more than 73,000 buyers from around the world, creating a vibrant atmosphere for business discussion and networking.

For the fairs as a whole, double-digit percentage growth in buyer numbers was recorded in developed markets such as the United States, the United Kingdom and France. Buyers from emerging markets were also very active: double-digit percentage growth in buyer numbers was also recorded for India, the United Arab Emirates as well as ASEAN countries including Thailand, Malaysia and the Philippines.

World’s largest lighting marketplace

The newly launched WOLLA features more than 170 exhibitors from around the world to showcase a diverse range of products

The newly launched WOLLA features more than 170 exhibitors from around the world to showcase a diverse range of products

The Autumn Lighting Fair has long been a major event for the global lighting industry. To build a more effective international sourcing platform and give the fair more room for development, the WOLLA was organised by the HKTDC for the first time at AsiaWorld-Expo this year. The two events welcomed a total of 2,727 exhibitors from 35 countries and regions, forming the world’s largest lighting marketplace.

WOLLA was held from 28 to 31 October concurrently with the Hong Kong International Building and Hardware Fair and Eco Expo Asia at the AsiaWorld-Expo so as to provide buyers with a one-stop sourcing platform. HKTDC Deputy Executive Director Benjamin Chau said: “The lighting industry and the building material and hardware industry are closely related to each other as lighting is a key element in building design. Buyers such as real estate developers, contractors, engineering companies and construction companies can now look for related lighting solutions when they are sourcing building materials and hardware products and services. So the fairs create synergies and more cross-sector business opportunities for the industries involved.”

GMP_1910  B30_9734

Dipal Madlani, Manager of Madlani Associates of India visited both the Autumn Lighting Fair and WOLLA and said the two fairs together offered him a wider range of products to choose from. New World Dynamics, a Hong Kong company that offers one-stop lighting solutions, hoped to boost its brand recognition through participating in WOLLA. Brad Au, Controller – Special Projects, said that the running of the three fairs concurrently at the AsiaWorld-Expo allowed exhibitors to connect with more potential buyers and created a good atmosphere for business discussions.

Lori Zhang, sales representative of WoQinFeng (Hong Kong) Industrial, an outdoor lighting manufacturer, noted, “The concurrent staging of WOLLA and the International Building and Hardware Fair allows us to meet customers from different sectors. On the first day of the fairs, we received buyers from Switzerland, New Zealand and India. Our existing clients have also visited us to see our new products and told us that they will do their sourcing in the Autumn Lighting Fair as well in WOLLA.”

Jörg Fey, Founder of Jörg Fey Industrieanlagen Montage from Germany said: “When it comes to sourcing, streetlights always top our priority list.  The European governments plan to replace traditional streetlights with LED casino models and that would boost the demand of energy-saving outdoor lighting. Three events concurrently held at the AsiaWorld-Expo share the same theme of energy-saving and environmental protection. Strolling through the fairground gives me new ideas and inspiration.”

Survey reveals great market potential for smart lighting products

During the fair period, an independent research agency was commissioned to interview 645 exhibitors and buyers of the Autumn Lighting Fair and WOLLA to understand their views on product trends and market prospects. With the rapid advance of technology, all types of products are becoming more “intelligent”, so much so that smart city/smart homes have become a major focus of future technological development. More than 80 per cent of survey respondents were convinced that such a technology development trend would benefit the lighting industry in the next two years. In particular, they believed that “household lighting systems that are compatible with or can be controlled by smart phone/tablet application” and “smart lighting systems primarily with energy-saving purpose for household/industrial/ commercial purposes” would have the most potential.

Amid keen competition in the market, a new generation of lighting products is capitalising on the trend towards smart homes and intelligent offices to seek market breakthroughs. For this reason, the “Smart Lighting & Solutions Zone” was one of the highlights of the Autumn Lighting Fair.

Neonlite Electronic & Lighting (Hong Kong) (Megaman), a long-time exhibitor of the fair, this year showcased its latest LED innovations including the INGENIUM® BLU series that employs Bluetooth 4.1 technology and the INGENIUM® ZB series that adopts ZigBee technology. Since both series are capable of controlling light intensity through smart phone apps, they have caught the attention of buyers. Matthew Chu, General Manager of Neonlite, pointed out that smart lighting will bring immense changes to the lighting industry and, as intelligent lighting products constitute only about two per cent of the global market, there will be lots of opportunities to be tapped.

The Autumn Lighting Fair, WOLLA and the Hong Kong International Building and Hardware Fair were organised by the HKTDC. The events welcomed more than 38,000, over 11,000 and close to 12,000 buyers respectively.  Eco Expo Asia was jointly organised by the HKTDC with Messe Frankfurt (Hong Kong) Limited and welcomed more than 12,000 buyers. The Autumn Lighting Fair was held from 27 to 30 October at the Hong Kong Convention and Exhibition Centre, while the other events were held from 28 to 31 October at the AsiaWorld-Expo. These fairs provide a one-stop sourcing platform, which creates synergies and more cross-sector business opportunities for the industries involved.

The world’s second highest built asset wealth per person

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SINGAPORE – Singapore (US$191,500 per person) has lost its top position to Qatar (US$198,000 per person) in 2015 built asset wealth per person ranking. Singapore held the top position previously in 2013. China has become the world’s richest country measured by the value of its built environment according to the latest Global Built Asset Wealth Index published by Arcadis, the leading Design & Consultancy firm for natural and built assets.

The index, which was compiled for Arcadis by the Centre for Economics and Business Research (Cebr), calculates the value of all the buildings and infrastructure that contribute to economic productivity in 32 countries, which collectively make up 87% of global GDP.

Asian countries occupied three out of top five positions in the built asset wealth per person ranking.  Singapore has the highest built asset wealth per person in Asia followed by Hong Kong (US$160,000) and Japan (US$143,500).

Chris Graham, Head of Business Advisory, Singapore at Arcadis comments: “Despite losing its top position in the built asset wealth per person ranking, Singapore’s sustained performance of this small, densely populated island state reflects a continued and focused investment in infrastructure.  It has retained a high end manufacturing industry and continues to be a desirable environment to live, work and do business.”

Total built asset wealth now stands at an estimated US$218 trillion, which is the equivalent to US$30,700 per person alive today. China now has a built asset wealth of US$47.6trillion, overtaking the USA which comes in second place with a wealth of US$36.8trillion. Since 2000 China has invested US$33 trillion in its built assets, a total that exceeds all other economies combined. The growth is evidence of China’s unprecedented level of investment in its infrastructure – 9% of GDP – which dwarfs global competitors like the USA, which currently invests just 2%.

Adam Sutton, Asia Leader of Business Advisory at Arcadis explains: “The health and wealth of a nation can be measured in many different ways and while factors such as GDP or employment have great value, a prosperous society is underpinned by a well-developed built environment that meets the needs of its people and economy.”

Sutton continues: “China’s ranking this year marks a profound change in the global league table of the world’s wealthiest built asset nations. We believe that the China led Asian Infrastructure Investment Bank, which aims to beef up infrastructure development in Asia, will help China to continue to increase the lead over the US in the years to come.”

Unlike most mature markets, such as those of North America, Europe and Australia, a significant amount of infrastructure projects in China are driven by central government planning. Lands are released for development at ‘public’ auctions with strict stipulations and parameters around the amount of each asset class to be built.  It is critically important for the government to ensure the development of world class infrastructure to support its fast growing economy and the unprecedented levels of urbanization in China.”

The Asia Pacific nations on the Arcadis Global Built Asset Wealth Index are:

Asia Pacific Ranking World Ranking Country 2015 (US$) Ranking change from 2013
1 1 China 47.6tn +1
2 3 Japan 18.2tn =
3 4 India 15.2tn =
4 9 South Korea 6.1tn -1
5 14 Indonesia 4.7tn +8
6 16 Australia 3.27tn -2
7 18 Thailand 2.99tn +1
8 22 Malaysia 1.68tn +3
9 27 Hong Kong 1.16tn -1
10 29 Singapore 1.06tn +3

 

The shifting wealth to emerging economies

The Global Built Asset Wealth Index shows a dramatic shift of wealth to emerging economies, with the traditional economic superpowers – the G7 – showing a net decline in the value of their built assets since 2012. Structural assets depreciate at a rate of around 5% per year, meaning that this level of investment is the minimum required to maintain the status quo, a figure that equates to US$1.4 trillion in the US.

South East Asian economies including Indonesia, Thailand and the Philippines were amongst the biggest gainers.

Overall Arcadis Built Asset Wealth Ranking and Forecast

Ranking Country 2015 built asset wealth (US$tn) 2025 Forecast 2025 ranking Change: 2015-2025
1 China 47.58 97.04 1 0
2 USA 36.82 45.25 2 0
3 Japan 18.24 23.17 4 -1
4 India 15.24 16.40 3 +1
5 Germany 10.21 10.43 5 0
6 Russia 8.44 5.76 13 -7
7 Italy 7.91 8.14 8 +1
8 France 7.91 7.71 7 -1
9 South Korea 6.12 7.63 9 0
10 Brazil 5.95 7.37 11 -1
11 Mexico 5.89 6.80 10 +1
12 Spain 5.77 6.80 16 -4
13 UK 4.82 5.76 14 -1
14 Indonesia 4.70 5.69 6 +8
15 Canada 4.56 5.66 15 0
16 Australia 3.27 5.39 18 -2
17 Saudi Arabia 3.15 4.50 12 +5
18 Thailand 2.99 4.30 17 +1
19 Turkey 2.55 2.82 23 -4
20 Netherlands 2.15 2.55 24 -4
21 Poland 1.94 2.44 22 -1
22 Malaysia 1.68 2.43 19 +3
23 South Africa 1.50 2.43 25 -2
24 Belgium 1.40 2.01 27 -3
25 UAE 1.33 2.30 21 +4
26 Egypt 1.20 1.90 29 -3
27 Hong Kong 1.16 1.48 28 -1
28 Philippines 1.14 1.47 20 +8
29 Singapore 1.06 1.16 26 +3
30 Chile 0.86 1.15 30 0
31 Qatar 0.45 1.00 31 0
32 Ghana 0.20 0.38 32 0

 

The full report can be downloaded here: 2015 Global Built Asset Wealth Index.

Article by Arcadis.

The Resilience of Indonesia’s construction community in facing goods and services trade liberalization

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JAKARTA, INDONESIA – During the next few decades, increases in private and government investment will make Indonesia one of the largest construction markets in the world. In ASEAN, Indonesia is the largest construction services market, worth $ 267 billion. In context of the Asia region, Indonesia is ranked fourth below China ($ 1.78 trillion), Japan ($ 742 billion), India ($ 427 billion). One of Indonesia’s biggest challenges in the near future is to prepare Indonesia for goods and services trade liberalization, including MEA 2015. The resilience of the Indonesian construction community in facing the new competitive market will make a significant impact on the performance of the national construction services.

“From the BUJK and man power point of view, government will strengthen the national construction service providers so they can compete with other countries on a managerial and capabilities level by encouraging business entities to increase their expertise. Moreover, the government is also encouraging construction workers certification in Indonesia. From the construction technology point of view, Indonesia needs to adopt and learn about the latest technology across all building construction sectors including materials usage and equipment.” Said Yusid Toyib, Director General of Bina Konstruksi.

Konstruksi Indonesia 2015 (KI 2015) is a strategic event for stakeholders to learn about and meet the construction services sector in supporting Indonesia’s economic growth. This event has been running since 2003, and in 2015, Konstruksi Indonesia is presenting various competitions and awards to the construction services community, such as: The Construction Workers Competition 2015, The Konstruksi Indonesia 2015 Photo Competition, The Journalistic Competition 2015, The Construction Works Awards 2015, The Construction Projects Performance Awards 2015, The Konstruksi Indonesia exhibition 2015, also The Konstruksi Indonesia seminar 2015.

The Ministry of Public Works and Public Housing オンライン カジノ (PUPR) together with other associations throughout the country, and the state owned contractors has the opportunity to exhibit their priority projects.  This will develop relationships with stakeholders and create new business opportunities that will support the construction industry, particularly on the implementation of infrastructure projects.

KI’15 & Construction Tech Indo 2015 (CTI”15) held in conjunction with Indonesia Infrastructure Week 2015 (IIW’15) on 4 – 6 November 2015 is a great tool for the construction services industry to share best solutions, learn about the latest technologies, strengthen partnerships, and also develop new business. Furthermore, this forum actively encourages the national and international construction community service and technology providers to participate in supporting Indonesia’s sustainable future.

 KI_at IIW_2

About Indonesia Infrastructure Week 2015

Indonesia Infrastructure Week (IIW) 2015 is an annual event organized by Infrastructure Asia in collaboration with its partners. This year, IIW will be held in Jakarta Convention Centre in 4-6 November and will have four major industry sector exhibition and conference events:

  • Indonesia International Infrastructure Conference and Exhibition (IIICE) 2015, hosted by KADIN
  • Konstruksi Indonesia (KI) 2015, hosted by Ministry of Public Works
  • Airports and Aviation Indonesia (AAI) 2015, hosted by Indonesia Transportation Society (MTI)
  • Connect Expo Comm Indonesia (CECI)  2015, hosted by Indonesia Telematics Society (MASTEL)

 

Visitors to each of these events will automatically have access to all four events and can take part in a hosted buyer programme to meet with other business contacts.

For further information on IIW ‘15 please go to www.indonesiainfrastructureweek.com

Approved twin tower apartment development set to make its mark on Perth’s skyline

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PERTH, AUSTRALIA – The site of what is projected to become Perth’s most valuable central city high rise apartment development is being brought to the market with the release of an International Expression of Interest campaign for the Kings Square 6 site in the heart of the Perth City Link project.

Owned by Seven Group Holdings Limited (“SGH”), the 3,334sqm site at 18 Telethon Avenue has already received development approval for a signature 563 apartment complex comprising twin 42 and 48 level towers.

The six week EOI campaign is being managed exclusively by JLL under the direction of its Director Sales & Investments WA, Sean Flynn and Head of Sales Investments WA Nigel Freshwater. Mr Flynn said JLL had been instructed by SGH to offer the site as either a freehold sale or joint venture opportunity.

The twin-tower unique staggered floorplate Kings Square 6 has been designed by award winning Woods Bagot architectural firm and is expected to become a centrepiece of the State Government’s $5.2 billion Perth City Link project which has reunited Perth’s CBD with the Northbridge cultural and entertainment precinct.

“The combination of location and amenity as well as the proposed development, which at more than 160 metres is expected to become Perth city’s tallest apartment project, creates a new city landmark as well as a benchmark apartment development,” said Mr Flynn.

“Based on a net saleable area of more than 38,000sqm, Kings Square 6 has a revenue potential in excess of (AUD) $400 million, additional to which would be continuing income from 504sqm of proposed ground floor retail and food and beverage tenancies,” he said.

Mr Freshwater said the 13ha City Link project which commenced in 2011 was increasingly regarded as one of Perth’s and Australia’s most successful CBD urban renewal projects that would, after more than 100 years, reunite the CBD with Northbridge.

When completed the Perth City Link project running between the Perth central railway station and Mitchell Freeway is expected to comprise more than 60,000sqm of prime grade office space, a high quality hotel and serviced apartments. Several major corporations have already taken space in the Kings Square office precinct including Shell Australia, John Holland and HBF.

“Amidst the overall development about one third of the  Kings Square precinct is being set aside for the Kings, Queens and Yagen Squares which will feature public parks and gardens for what is estimated to be used by about  several thousand people each working day,” said Mr Freshwater.

Mr Freshwater noted that Kings Square 6 had been designed to comprise studio, one, two and three bedroom apartments for more than 1,000 residents.
“Owners would enjoy sweeping 360 degree views to Rottnest Island in the west and the Perth foothills in the east, while also having access to a pool deck, gym, terraced gardens and alfresco dining areas on several levels of the building.”

Mr Flynn further stated that site is positioned within walking distance of a plethora of retail, entertainment and cultural amenities. For example the adjacent 15,000 seat Perth Arena, a vast array of the city’s premier department stores and boutique retail offerings in Perth’s marquee Hay and Murray Street Malls.

“Added to these is the State’s cultural hub comprising the Art Gallery of Western Australia, State Theatre, WA Museum, State Library, Cinema Paradiso, and Northbridge Piazza and outdoor public cinema. And if all of that isn’t enough there is the new Northbridge nightclub district which is undergoing a rapid process of gentrification,” said Mr Flynn.

Expressions of Interest close 2.00pm (WST) Wednesday, November 25 2015.