Deep Research on “Global Construction Outlook” The report Provides the CIC’s view of the outlook to 2020 for the global economy and the global construction industry, and how the industry will evolve in all major countries worldwide.The construction industries in emerging markets are forecast to continue to grow at a much faster rate than the advanced economies.
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The construction industries in the Middle East and Africa region are predicted to be the fastest growing in 2016-2020, overtaking the Asia-Pacific region, which held the top spot in 2011-2015. This reflects the huge investment in infrastructure and buildings that is taking place in Qatar, Saudi Arabia and the United Arab Emirates (UAE), while the slowing rate of growth in China’s construction industry is a key factor driving the deceleration in Asia-Pacific.
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The precarious state of the Eurozone, which has intensified following the election of an anti-austerity party in Greece, will continue to undermine investor confidence in the region. However, in general the worst is over for the region’s construction industry.
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