INDUSTRY 4.0:
IN FOCUS IN CONSTRUCTION AND INFRASTRUCTURE
Construction
The ongoing economic growth and increasing urbanization in core Asian markets, e.g. India, is continuously driving the infrastructure, construction, engineering and building services industry. Such a positive development has not only resulted in significant improvements in the road, rail, port and airport network within Asian countries but also strongly improved the connectedness of those countries with other Asian growth markets and the global economy at large.
Particularly impactful is the Belt and Road Initiative, which was established by the Chinese government with the target of investing billions of Euros into infrastructure projects in Asia, Africa, and Eastern Europe to close the ‘infrastructure gap’ and build a tightly knit network of infrastructure, energy facilities, and housing. With such a massive construction boom in Asia not only comes along a modernization of existing infrastructure but also the ongoing maintenance of recently finalized infrastructure projects. Furthermore, is the global and particularly the Asian construction industry experiencing a gradual shift towards sustainable construction and innovative as well as energy-efficient building solutions. Due to the resulting increasing complexity and higher standards of quality required for system solutions, building materials, services, and construction equipment, concrete opportunities for European technology leaders open up – local value-chains and regional supplier relationships need to be sufficiently established.
EAC has gained profound experiences in consulting leading players in the construction industry in developing further growth opportunities, as well as supporting companies seeking concrete participation in projects belonging to the Belt and Road Initiative. Apart from the assessment of opportunities for organic growth, EAC has also successfully supported players active in the construction segment by seeking for inorganic growth through mergers and acquisitions.