Building And Construction In Asia Pacific > Taiwan > Taiwan
Construction loans from five major banks rose 14.2% in H1, reflecting strong developers’ and home buyers’ sentiment. The resilient construction sector is attributed to Taiwan’s successful containment of the coronavirus outbreak locally, without the implementation of stringent lockdowns. Construction investment is also boosted by increases in property demand from Taiwan expatriates and companies based in China amid heightened tension between US-China, and reshoring of China-based Taiwanese companies.
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