China’s financial woes will not affect infrastructure projects, despite worldwide concerns about economic slowdown, Atkins China managing director Samson Sin has told NCE.
Sin said while the potential for declining property values was a concern in the region, infrastructure was not. “I don’t think that will stop,” he said. “The situation is quite different from Europe and America in this part of the world … and I don’t think it will hit infrastructure.
“I don’t see we have the same problem in Asia because all the government expenditure is already committed and they have money and want to spend and grow,” he said.
Hong Kong was recently touted as the next hotspot in infrastructure build, and firms have been encouraged to go to the far east.