It has among the highest global scores for construction timeliness.
The city-state of Singapore and Hong Kong occupy the top two positions in BMI Research's Asia-Pacific Infrastructure Risk/Reward Index (RRI), and the third and fourth positions globally.
Here's more from BMI Research:
The two cities are bolstered by their robust regulatory environment, successful project risk track records and stable political outlook - Singapore and Hong Kong have among the highest global scores for construction timeliness, legal environment and operational risk. They also have competitive business environments that are open to foreign investment and participation.
As developed urban markets, however, Singapore and Hong Kong receive average scores on the Industry Rewards and Country Risk components - their demographic, macroeconomic and construction industry growth are some of the slower in the region.
By extension, the relative value of the developed markets' project pipelines versus the size of the construction industry are lacking compared with regional neighbours with significant structural demand for infrastructure.
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