Construction projects difficult to gets credit facility
Construction sector was begun difficulty to realize their construction projects at now. As we know that there are so many construction projects has been develop in here, but the financial crisis has making out the banks stop their credit facility for construction projects.
It’s mean that so many construction projects also will be stopping in the next year (2009). The banks should not be stop their credit facility to the construction projects, caused it also will bringing the negative influence for our economic condition for entirely.
As per our last experience at monetary crisis in 1998, if the construction begin to stop their projects, usually the project will not continuing again by the developer and finally it will be more difficulty for our construction sector to growing up.
Credit facility for construction at now was very influenced and also defend on the credit facility for housing ownership. Generally, banks will giving their credit facility for constructions if the developer also will be using the banks for their credit facility for housing ownership.
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