In demand

摘要

IN ITS 2011 state-of-the-industry report, professional services firm PricewaterhouseCoopers (PwC) says that demand continues to be stoked by strong growth in emerging markets, while supply is increasingly constrained, as development projects become more complex and are typically in more remote, unfamiliar territory. Furthermore, it adds, the cost base of the industry has permanently changed as lower grades and shortages of labour take effect. To keep up with demand, the firm says, the top 40 companies have announced more than US$300 billion of capital programmes, with over US$120 billion planned for 2011, more than double the total 2010 spend.