has had a long history in the Asia Pacific region; in 1975 we acquired our first Asia Pacific client in Australia soon followed by Singapore, Thailand and Hong Kong in 1978. Almost 40 years later we have distributors throughout the region and have worked on some of the area鈥檚 most important projects, including the prestigious and in Singapore, the Shangri La Rasa Ria Resort in Malaysia and dozens of聽 in Korea.
Between 2014 and 2020, Asia Pacific is poised to become the world鈥檚 fastest growing construction market and accounts for almost one-half of the total global construction spending. With over half the world鈥檚 population living in this region, 2012 saw their financial output account for roughly 40% 聽of the global construction spend. One of the countries showing the largest potential for growth and profitability is Indonesia, with much of their investment going to infrastructure projects to support their growing population. Vietnam, although much smaller, is another country that is expected to see rapid growth in construction projects.
The region covers a wide and varied geographic area, comprised primarily of islands and thousands of miles of coastline. The majority of the population in the area is located within 100 miles from a coastline, which in turn, makes the area鈥檚 infrastructure vulnerable to the risk of water damage and high underground water pressure. The region is also affected by natural disasters involving water such as flooding and hurricanes. These regional risk factors, combined with Asia Pacific鈥檚 growing population, illustrate how important proper concrete waterproofing is to the region鈥檚 vulnerable infrastructure.
Creating new infrastructure to accommodate the growing population, with an increased focus on sustainable and resource efficient buildings, is growing focus to developers and contractors alike. Developers want to reduce maintenance costs in the long-term, and ensure that their structures remain durable for the entirety of a project鈥檚 projected life span. Contractors need sustainable solutions that reduce their risk of costly call-backs, and save them time so they can meet and exceed their deadlines.
蜜桃社区鈥檚 strategically located partners and offices are well situated to manage the growth of the region and have resources to support Asia Pacific鈥檚 growing essential infrastructure.
