Prefab Houses to Be in Great Need in Pearl River Delta Under Government Supports
According to a government document released this September, Pearl River Delta of Guangdong Province has been listed as one of the key regions to promote prefab houses. Soon worldwide prefab house enterprises from all will gather here to seize their opportunities. If you want to grasp the opportunities, 7th China Prefab House, Modular Building, Mobile House & Space Fair (PMMHF 2017) is the leading trade shows in Asia for you to explore your market!
The 7th China Prefab House, Modular Building, Mobile House & Space Fair (PMMHF 2017)
Date: May 12th-14th, 2017
Venue: Guangzhou Poly World Trade Center Expo
Website: http://www.pmmhf.com/index.php?lang=en
Prefab Houses, Supported by Government and in Line With Urban Development
This September, the Chinese central government has released Guiding Opinions on the Promotion of Prefab Houses, stating that by the end of next decade, prefab houses should account for 30% of new buildings (so far the percentage of prefab houses in new buildings is about 5%) and Pearl River Delta is one of the key region for promotion, since this region annually generates about 10% output of Chinese construction industry. What’s more, in the last decade, labor and land cost in this region has doubled, which has been a very heavy burden on enterprises. Therefore, prefab houses are in line with the development trend of this region.
Major Chinese Real Estate Developers Springing Into Action
It has been reported that Country Garden has announced to invest 100,000 million into their housing industrialization project over the next 5 years. And Evergrande has cooperate with Tsinghua University to launch research on green buildings and prefab houses. Led by these real estate magnates, China’s prefab house industry will soon enter the fast lane.
Challenges of China’s Prefab House Industry
However, China’s prefab industry is stilled faced with a lot of challenges. Due to the lack of technology, the production cost of prefab houses is still relatively high. In an attempt to cut down production cost, many enterprises begin to purchase advanced equipment or technology oversea. According to statics, job ads for industry talents in Guangdong alone is also up by 13.9% compared with last year.
If you want to enter China’s prefab house market before the competition intensifies, please don’t hesitate to register as our exhibitors or visitors!
Guangdong Grandeur International Exhibition Group
Contact Person: Trista Chan
Tel: +86-20-28945347
Email: grand.zh@grahw.com
If you have a query, you can ask a question here.