WCN blog
Romanian construction industry expected to record moderate growth
November 23, 2011
The Romanian construction industry is expected to grow at a moderate CAGR of 4.68% to 2015 due to uncertain economic conditions and lower levels of investment.
The industry declined by 9.7% in 2009 and 7.8% in 2010 owing to the global economic depression. However, the country is expected to attract investors and the construction industry is expected to rebound to 2015.
Azerbaijani construction industry to grow at 7.7% to 2015
November 21, 2011
The Azerbaijani construction industry is expected to grow at a CAGR of 7.7% to 2015 spurred by major investments in the infrastructure construction sector.
The industry is expected to grow to a value of $5.62 billion in 2015 as compared to a value of $3.88 billion in 2010. Maximum growth of 11.9% is expected in 2011 with growth expected to slow down gradually to 2015. In 2015, the growth is expected to be around 6.8%.
Latin American construction industry to benefit from sporting events
November 18, 2011
The 2014 FIFA World Cup and 2016 Olympic Games being held in Brazil are expected to drive growth in the Latin American construction industry.
The industry is expected to register growth with a CAGR of 8.79% to 2015. The growth is primarily expected in the infrastructure sector, where all six sub-divisions are expected to register CAGRs between 9-11%. The huge tourist inflows expected during these events is expected to force the governments to increase spending on improvement of infrastructure.
Infrastructure and residential markets expected to spur growth in Peruvian construction industry
November 16, 2011
The Peruvian construction industry is expected to register robust growth at a CAGR of 9.45% to 2015.
The growth is expected to be spurred primarily by the residential and infrastructure sectors though other sectors are also expected to register strong growth patterns. The two sectors mentioned are expected to account for nearly 70% of the industry value. The infrastructure construction sector, supported by a planned investment of PEN157.4 billion for mining, petroleum and energy industries, is expected to grow at a CAGR of 9.9%.
BRIC construction industry expected to register robust growth
November 14, 2011
The construction industry in Brazil, Russia, India and China is expected to register robust growth owing to economic development, urbanisation and strong inflows of foreign direct investment (FDI).
The construction industry is expected to register an overall CAGR of 10.69% to 2015. The organization of major global events such as the 2014 FIFA World Cup and the 2016 Olympic Games in Brazil, and the 2012 APEC Summit, the 2014 Winter Olympic Games and the 2018 FIFA World Cup in Russia are expected to generate growth in the construction industries in these two countries, while in China and India growth will be driven by government spending.
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