netrashetty

Netra Shetty
Viz Media, LLC, headquartered in San Francisco, is an anime, manga, and Japanese entertainment company. It was founded in 1986 as Viz LLC. In 2005, Viz LLC and ShoPro Entertainment merged to form the current Viz Media LLC, which is jointly owned by Japanese publishers Shogakukan and Shueisha, and Shogakukan's licensing division Shogakukan Productions (ShoPro Japan).[1]

Five Year period (2006- 2010), the plan for total construction is estimated to reach 2 billion square meters each year. According to the Industrialization Report issued by the Ministry of Construction’s Promotion Center for Housing, by 2010, China will have built 80 billion square meters of new housing. By 2020, estimates are 205 billion square meters. Construction spending in China increased 165% in the last four years, according to the National Bureau of Statistics of China, and is still expanding at 25% annually1.

1 Source: Reed Construction June 7, 2007

Real Estate
China is in the midst of a historic urbanization process. Coupled with the privatization of the real estate market, higher living standards, and the presence of multinational corporations in China, home ownership is increasing markedly and demand for residential housing will continue to be strong. High housing costs, poor construction quality, ever-changing Chinese government real estate-related regulations, and limited financing options continue to drag on the housing sector.

Infrastructure
Under the 11th Five-Year Plan, China will invest $26 billion in the construction of eight hydropower projects and $5.9 billion in transferring electricity from western to eastern China. The total investment for water conservation and hydropower projects will exceed $104 billion. China will not only develop hydroelectricity and nuclear power plants, but will also be exploring and developing large coal bases.

China recently explored 28 mid-to-large gas fields, and the development of gas fields and pipelines will also offer potential construction opportunities. Under the 11th Five Year Plan, China plans to build 4 major pipelines for oil and natural gas transport. Furthermore, China will be expanding several key airports and build new sub-branch airports.

Opportunities in infrastructure promise to be especially plentiful in the west. China’s “Go West Campaign” was launched in 1999 to narrow the wealth gap between the well-off eastern coastal areas in China and the poor inland regions. Development in the west is a key priority in China’s 11th Five-Year Plan, and much of the spending has focused on developing infrastructure and enticing foreign firms to invest in the west.

Environmental Development
The 11th Five Year Plan made “energy efficiency” and “environmental protection” top priorities in China’s construction industry. The Chinese government set a goal of reducing energy consumption per unit GDP by 20 percent in the five-year period from 2006 to 2010. The government also plans to reduce energy consumption in residential buildings by 50%. American construction and design firms will have a technological advantage in green construction, as most domestic producers lack expertise in environmentally friendly products.

Shanghai World Expo 2010

The Shanghai World Expo 2010 will be a catalyst in the construction sector in China. The Expo is currently scheduled from May to October 2010 and is expected to draw 70 million visitors. Shanghai's World Expo projects are expected to command an estimated US$3 billion in investment. Opportunities for ACE firms include development and construction of the Expo village, waterfront developments, enhancing the Bund, citywide improvements in infrastructure, four new underground subway lines, and the “One City Nine Towns” project, where the Shanghai government is creating nine towns, each project with a different theme and inspired by a different Western tradition.

For the Expo grounds, Shanghai will build 80,000 m2 of buildings, of which 75% will be temporary structures. There are three models of Expo pavilions: pavilions designed and built by exhibitors, standalone pavilions designed and built by organizers and leased to exhibitors, and joint pavilions built out of renovated old buildings leased to developing countries. The Shanghai World Expo Land Reserve Center (also known as the Shanghai World Expo Land Holding Corporation) is responsible for reserving, developing, renting, and recycling land for the Expo.
 
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