Implications of heightened costs and global recession on Asia construction
2023 is expected to remain challenging for global construction, buffeted by still heightened construction costs and cooling global demand. Despite the near-term challenges, the outlook is strong, with Emerging Asia forecast to buck the trend.
Please join us to discuss the outlook for construction activity in Asia, including the key issues and risks facing the sector.
- The risks and implications of increasing interest rates and construction costs
- How the slowing in global external demand and increased risk of global recession will impact non-residential building
- The re-opening of Chinese borders and its impact on construction activity in the region
- Asia’s strong requirement for building and infrastructure, and the vital key to project success
Note: Please note that we will be holding one webinar each for APAC, EMEA, and Americas friendly time zones. Can’t make it to any of the sessions? Feel free to register for any session and we will automatically share the recording with you 3 hours after the webinar has finished.
April Skinner
Senior Economist, Asia Construction, OE Australia
+61 (0) 2 8458 4231
April Skinner
Senior Economist, Asia Construction, OE Australia
Sydney, Australia
April is the Senior Economist responsible for producing the Asian Construction Service. The service provides comprehensive analysis and forecasts on building and infrastructure construction across 13 countries in Asia including New Zealand. She has experience in econometric modelling and holds a Master’s degree in econometrics and financial economics.
Nicholas Fearnley
Head of Global Construction Forecasting
+61 2 8458 4262
Nicholas Fearnley
Head of Global Construction Forecasting
Sydney, Australia
Dr Nicholas Fearnley is the Head of Global Construction Forecasting, based in Sydney. Nicholas oversees the teams that produce the various construction, mining, and maintenance studies. He works over the full construction spectrum, and regularly presents and provides commentary for both the construction and mining industries.
Nicholas joined Oxford Economics in 2019 after working at Macromontor, where he was responsible for producing regular Australian building construction forecast reports, and bespoke cost escalation and material demand forecasts.
Prior to joining Macromonitor, Nicholas completed a PhD at the University of Sydney with a thesis titled: “A Critical and Quantitative Analysis of the Relationship between Informal Institutions and Economic Development.” He was awarded the Walter Noel Gillies Prize for best PhD thesis in Economics, and his thesis was accepted without edits.
Nicholas has undergraduate degrees in both Accounting and Applied Finance from Macquarie University, and a first class honours degree in Accounting from the University of Sydney with a thesis titled: “Culture and the Measurement Decision Offered by Investment Property”.
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