OTCQB:DGWR - Post by User
Post by
morganagordonaon Jun 20, 2011 11:49am
106 Views
Post# 18738285
China - India : comparison!
China - India : comparison!While China is now well underway with a major government- driven social housing programme that plans to add a further 36mn affordable homes to its stock between 2011 and 2015, India is by comparison still in the starting blocks. Moreover, total annual capital investment is forecast to average US$5trn in China between 2011 and 2020, compared to just US$1.6trn in India. Unable to come close to China’s level of state capital spending, India must overcome a number of major obstacles if the private sector is to fill the vast funding deficit created by years of underinvestment in affordable homes and rapid urbanisation!