APAC 2022

This section includes:

Singapore - Economic indicators  

Singapore - National holidays  

Singapore - Labour productivity  

Singapore - Labour costs 

Singapore - Output 2021 and 2022 (f) 

Singapore - Long-lead equipment (LLE) and Supply Chain narrative  

Singapore - Construction health and safety practices and culture 

Singapore - Macroeconomic overview 

Singapore - Economic indicators

Singapore - National holidays

Singapore - Labour productivity  

Singapore - Labour costs

Singapore - Output 2021 and 2022(f) (in millions)

Singapore - Long-lead equipment (LLE) and Supply Chain narrative 

Long-lead equipment (LLE) lead times have changed drastically since the start of 2022. Suppliers have seen the implications of material shortages, delays and price hikes throughout the supply chain, which is leading to extended lead times and reduced commitment from suppliers for new projects. The key areas in focus are:

1. Demand: The demand for long-lead equipment in the data centre sector has continued to increase in Q3 2022. More data centre and crypto mining providers are joining the market, and this continued demand far outweighs the capacity of the supply chain. Entry onto the production line remains a significant challenge, with suppliers reporting fully booked capacity until Q2 2024. There has been some growth in the development of Tier 2 and Tier 3 suppliers to support this demand. However, it will take time to build an extended supply chain. There has also been no sign of a decline in demand yet in early Q4 2022. 
2. Material shortage: Just as material availability started to improve, the further threat of escalation with the Russia-Ukraine conflict has cast further uncertainties of future material stocks and reserves. The supply chain has continued to seek alternative sources of raw materials, and although this has been with partial success, market lead times remain conservative. 
3. Freight durations and costs: Heightened by the increase in fuel costs, and compounded by the instability of labour and container availability, freight durations have been particularly volatile in recent times. Early indications from Q4 2022 suggest some stabilization in shipping durations is returning to the market, but the associated costs remain volatile due to the global fuel crisis. As clients consider alternative solutions, it almost becomes cost prohibitive to use quicker forms of transport, such as air freight, due to these increasing fuel costs. 

Singapore - Construction health and safety practices and culture

This section includes:

India - Economic indicators 

India - National holidays 

India - Labour productivity 

India - Labour costs 

India - Output 2021 and 2022(f) 

India - Long-lead equipment (LLE) and Supply Chain narrative  

India - Construction health and safety practices and culture 

India - Macroeconomic overview 

India - Economic indicators

India - National holidays

India - Labour productivity    

India - Labour costs

India - Output 2021 and 2022(f) (in millions)

India - Long-lead equipment (LLE) and Supply Chain narrative 

Long-lead equipment (LLE) lead times have changed drastically since the start of 2022. Suppliers have seen the implications of material shortages, delays and price hikes throughout the supply chain, which is leading to extended lead times and reduced commitment from suppliers for new projects. The key areas in focus are:

1. Demand: The demand for long-lead equipment in the data centre sector has continued to increase in Q3 2022. More data centre and crypto mining providers are joining the market, and this continued demand far outweighs the capacity of the supply chain. Entry onto the production line remains a significant challenge, with suppliers reporting fully booked capacity until Q2 2024. There has been some growth in the development of Tier 2 and Tier 3 suppliers to support this demand. However, it will take time to build an extended supply chain. There has also been no sign of a decline in demand yet in early Q4 2022. 
2. Material shortage: Just as material availability started to improve, the further threat of escalation with the Russia-Ukraine conflict has cast further uncertainties of future material stocks and reserves. The supply chain has continued to seek alternative sources of raw materials, and although this has been with partial success, market lead times remain conservative. 
3. Freight durations and costs: Heightened by the increase in fuel costs, and compounded by the instability of labour and container availability, freight durations have been particularly volatile in recent times. Early indications from Q4 2022 suggest some stabilization in shipping durations is returning to the market, but the associated costs remain volatile due to the global fuel crisis. As clients consider alternative solutions, it almost becomes cost prohibitive to use quicker forms of transport, such as air freight, due to these increasing fuel costs. 

India - Construction health and safety practices and culture

This section includes:

Hong Kong - Economic indicators 

Hong Kong - National holidays 

Hong Kong - Labour productivity 

Hong Kong - Labour costs 

Hong Kong - Output 2021 and 2022(f)

 Hong Kong - Long-lead equipment (LLE) and Supply Chain narrative  

Hong Kong - Macroeconomic overview 

Hong Kong - Economic indicators

Hong Kong - National holidays

Hong Kong - Labour productivity  

Hong Kong - Labour costs

Hong Kong - Output 2021 and 2022(f) (in millions)

Hong Kong - Long-lead equipment (LLE) and Supply Chain narrative 

Long-lead equipment (LLE) lead times have changed drastically since the start of 2022. Suppliers have seen the implications of material shortages, delays and price hikes throughout the supply chain, which is leading to extended lead times and reduced commitment from suppliers for new projects. The key areas in focus are:

1. Demand: The demand for long-lead equipment in the data centre sector has continued to increase in Q3 2022. More data centre and crypto mining providers are joining the market, and this continued demand far outweighs the capacity of the supply chain. Entry onto the production line remains a significant challenge, with suppliers reporting fully booked capacity until Q2 2024. There has been some growth in the development of Tier 2 and Tier 3 suppliers to support this demand. However, it will take time to build an extended supply chain. There has also been no sign of a decline in demand yet in early Q4 2022. 
2. Material shortage: Just as material availability started to improve, the further threat of escalation with the Russia-Ukraine conflict has cast further uncertainties of future material stocks and reserves. The supply chain has continued to seek alternative sources of raw materials, and although this has been with partial success, market lead times remain conservative. 
3. Freight durations and costs: Heightened by the increase in fuel costs, and compounded by the instability of labour and container availability, freight durations have been particularly volatile in recent times. Early indications from Q4 2022 suggest some stabilization in shipping durations is returning to the market, but the associated costs remain volatile due to the global fuel crisis. As clients consider alternative solutions, it almost becomes cost prohibitive to use quicker forms of transport, such as air freight, due to these increasing fuel costs. 

This section includes:

Japan - Economic indicators 

Japan - National holidays 

Japan - Labour productivity 

Japan - Labour costs 

Japan - Output 2021 and 2022(f) 

Japan - Long-lead equipment (LLE) and Supply Chain narrative  

Japan - Construction health and safety practices and culture 

Japan - Macroeconomic overview 

Japan - Economic indicators 

Japan - National holidays

Japan - Labour productivity  

Japan - Labour costs

Japan - Output 2021 and 2022(f) (in millions)

Japan - Long-lead equipment (LLE) and Supply Chain narrative 

Long-lead equipment (LLE) lead times have changed drastically since the start of 2022. Suppliers have seen the implications of material shortages, delays and price hikes throughout the supply chain, which is leading to extended lead times and reduced commitment from suppliers for new projects. The key areas in focus are:

1. Demand: The demand for long-lead equipment in the data centre sector has continued to increase in Q3 2022. More data centre and crypto mining providers are joining the market, and this continued demand far outweighs the capacity of the supply chain. Entry onto the production line remains a significant challenge, with suppliers reporting fully booked capacity until Q2 2024. There has been some growth in the development of Tier 2 and Tier 3 suppliers to support this demand. However, it will take time to build an extended supply chain. There has also been no sign of a decline in demand yet in early Q4 2022. 
2. Material shortage: Just as material availability started to improve, the further threat of escalation with the Russia-Ukraine conflict has cast further uncertainties of future material stocks and reserves. The supply chain has continued to seek alternative sources of raw materials, and although this has been with partial success, market lead times remain conservative. 
3. Freight durations and costs: Heightened by the increase in fuel costs, and compounded by the instability of labour and container availability, freight durations have been particularly volatile in recent times. Early indications from Q4 2022 suggest some stabilization in shipping durations is returning to the market, but the associated costs remain volatile due to the global fuel crisis. As clients consider alternative solutions, it almost becomes cost prohibitive to use quicker forms of transport, such as air freight, due to these increasing fuel costs. 

Japan - Construction health and safety practices and culture 

South Korea - Economic indicators 

South Korea - National holidays 

South Korea - Labour productivity  

South Korea - Labour costs 

South Korea - Output 2021 and 2022(f) 

South Korea - Long-lead equipment (LLE) and Supply Chain narrative  

Macroeconomic overview 

South Korea - Economic indicators

South Korea - National holidays

South Korea - Labour productivity  

South Korea - Output 2021 and 2022(f)

South Korea - Long-lead equipment (LLE) and Supply Chain narrative 

Long-lead equipment (LLE) lead times have changed drastically since the start of 2022. Suppliers have seen the implications of material shortages, delays and price hikes throughout the supply chain, which is leading to extended lead times and reduced commitment from suppliers for new projects. The key areas in focus are:

1. Demand: The demand for long-lead equipment in the data centre sector has continued to increase in Q3 2022. More data centre and crypto mining providers are joining the market, and this continued demand far outweighs the capacity of the supply chain. Entry onto the production line remains a significant challenge, with suppliers reporting fully booked capacity until Q2 2024. There has been some growth in the development of Tier 2 and Tier 3 suppliers to support this demand. However, it will take time to build an extended supply chain. There has also been no sign of a decline in demand yet in early Q4 2022. 
2. Material shortage: Just as material availability started to improve, the further threat of escalation with the Russia-Ukraine conflict has cast further uncertainties of future material stocks and reserves. The supply chain has continued to seek alternative sources of raw materials, and although this has been with partial success, market lead times remain conservative. 
3. Freight durations and costs: Heightened by the increase in fuel costs, and compounded by the instability of labour and container availability, freight durations have been particularly volatile in recent times. Early indications from Q4 2022 suggest some stabilization in shipping durations is returning to the market, but the associated costs remain volatile due to the global fuel crisis. As clients consider alternative solutions, it almost becomes cost prohibitive to use quicker forms of transport, such as air freight, due to these increasing fuel costs. 

This section includes:

Taiwan - Economic indicators 

Taiwan - National holidays  

Taiwan - Labour productivity  

Taiwan - Labour costs  

Taiwan - Output 2021 and 2022(f)  

Taiwan - Long-lead equipment (LLE) and Supply Chain narrative  

Taiwan - Construction health and safety practices and culture  

Taiwan - Macroeconomic overview 

Taiwan - Economic indicators

Taiwan - National holidays

Taiwan - Labour productivity  

Taiwan - Labour costs

Taiwan - Output 2021 and 2022(f) (in millions)

Taiwan - Long-lead equipment (LLE) and Supply Chain narrative 

Long-lead equipment (LLE) lead times have changed drastically since the start of 2022. Suppliers have seen the implications of material shortages, delays and price hikes throughout the supply chain, which is leading to extended lead times and reduced commitment from suppliers for new projects. The key areas in focus are:

1. Demand: The demand for long-lead equipment in the data centre sector has continued to increase in Q3 2022. More data centre and crypto mining providers are joining the market, and this continued demand far outweighs the capacity of the supply chain. Entry onto the production line remains a significant challenge, with suppliers reporting fully booked capacity until Q2 2024. There has been some growth in the development of Tier 2 and Tier 3 suppliers to support this demand. However, it will take time to build an extended supply chain. There has also been no sign of a decline in demand yet in early Q4 2022. 
2. Material shortage: Just as material availability started to improve, the further threat of escalation with the Russia-Ukraine conflict has cast further uncertainties of future material stocks and reserves. The supply chain has continued to seek alternative sources of raw materials, and although this has been with partial success, market lead times remain conservative. 
3. Freight durations and costs: Heightened by the increase in fuel costs, and compounded by the instability of labour and container availability, freight durations have been particularly volatile in recent times. Early indications from Q4 2022 suggest some stabilization in shipping durations is returning to the market, but the associated costs remain volatile due to the global fuel crisis. As clients consider alternative solutions, it almost becomes cost prohibitive to use quicker forms of transport, such as air freight, due to these increasing fuel costs. 

Taiwan - Construction health and safety practices and culture