Infrastructure Key Analysis

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Construction Boom Not A Guarantee

We continue to believe that near-term construction growth in Myanmar will remain close to the modest levels seen in 2012. This lack of acceleration in growth is due to the limited upside to foreign...

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Canal Expansion Deadlock Risks Growth

The Panama canal's US$5.3bn expansion looks set to be delayed further as Spanish builder Sacyr, leader of the Grupo Unidos por el Canal (United Group) consortium, stated on December 30 that work on...

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