Julien Cayet - Global Leader, Business Advisory, Arcadis:
"This has been a year of remarkable uncertainty. Amongst the headlines five mega-trends seem critical – crashing commodity prices, the political crises of security and migration, financial imbalance from a slowing China, unprecedented volatility in currency markets and the ever-present threat of climate change."
In this uncertain environment investors, developers and policy makers need to assess whether the global outlook will clear, or crash.
Either way, it seems certain that the road ahead will be bumpy.
The 2015 Global Built Asset Wealth Index assesses the development of a nation’s built environment to show which countries are creating the long-term, sustainable foundations for economic, social and environmental success. As global uncertainty rumbles on, it provides an opportunity to take stock of the bricks and mortar that
form the basis of our societies.
To do so, we have quantified the value of the built assets in 32 countries, taking into account all buildings and infrastructure – every home, school, office, rail track, waterway, power station – to see where investment is being made into the building blocks of prosperity.
From the wealth of data contained in this report, two clear insights emerge – and with them two very different challenges.
Firstly, emerging economies, starting with China, have been investing rapidly in built assets and are expected to continue to do so in the next decade. This has profoundly changed the global league table of the world’s wealthiest built asset nations. With so much uncertainty now on the horizon these countries will need a renewed focus on quality over quantity. They will need to be absolutely clear on the rationale and value of their built assets in order to sustain high economic, social and environmental returns.
2. EXECUTIVE SUMMARY
3. GLOBAL BUILT ASSET WEALTH INDEX
3.1 Ranking - China overtakes the US
3.2 Asset wealth per person - Qatar leads the way
3.3 Emerging markets gaining ground
3.4 Built asset wealth and GDP relationship
4. BUILT ASSET OUTLOOK
4.1 Ten year forecast – China to move even further ahead
4.2 Implications for the global economy
5. HOW CAN BUILT ASSETS BE MADE TO LAST?
6.2 Data sources
7. FURTHER READING