Asia’s demand for infrastructure is booming - as is the need to manage related risk complexities
The defining feature of 21st century Asia is its vast megacities. Images of neon-lit skylines have become a visual metaphor for global growth as the world’s most populated region gets wealthier.
Across the region, construction is booming, from housing to power generation infrastructure. However, although construction work is plentiful, so are the related political, macroeconomic, insurance and labour risks. Companies need to be careful, but not overcautious, as they seek to develop their risk management function.