The TA is a response to the Government's interest in promoting urbanization in metropolitan regions to generate a wide range of jobs for rural migrants. The Government is also intent on making this urbanization environmentally sustainable.
While largely unnoticed by investors, global urbanization is going to be one of the most powerful and important trends. The world's resource base confronts unprecedented demand as a new urban world unfolds. Against this backdrop, the secular bull market in energy and basic materials is just beginning.