OTCQB:DGWR - Post by User
Comment by
Cxristyxon Jun 08, 2011 5:56am
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Post# 18685144
RE: RE: Social Housing In China And India Investme
RE: RE: Social Housing In China And India InvestmeWhile China is now well underway with a major government- driven socialhousing programme that plans to add a further 36mn affordable homes toits stock between 2011 and 2015, India is by comparison still in thestarting blocks. Moreover, total annual capital investment is forecastto average US$5trn in China between 2011 and 2020, compared to justUS$1.6trn in India. Unable to come close to China’s level of statecapital spending, India must overcome a number of major obstacles if theprivate sector is to fill the vast funding deficit created by years ofunderinvestment in affordable homes and rapid urbanisation.