WCN blog
Vietnamese construction industry expected to register robust growth
August 17, 2011
By wmi
The Vietnamese construction industry is expected to register a CAGR of 15.67% to 2015 owing to the government's commitment to improve the general construction standards in the country.
The commercial construction market is expected to increase at a CAGR of 15.65% owing to the development of several industrial zones in the country. The industrial construction market is anticipated to increase at a CAGR of 18.21%, reflecting the country's strong and stable economic conditions and increasing FDI inflows.
Residential construction is expected to grow at a CAGR of 15.35% during the forecast period to value VND112.8 trillion (US$5.9 billion) in 2015, compared withVND55.2 trillion (US$2.9 billion) in 2010.
All these and many more facts and figures in addition to an in-depth analysis can be found in the report The Future of Construction in Vietnam to 2015: Rapid Industrialization and Energy Shortage to Stimulate Investments published by World Market Intelligence (WMI).
To access the complete report, please visit our premium subscription Construction Intelligence Center product www.worldmarketintelligence.com/ic/construction.
Posted by wmi on August 17, 2011 7:58 AM
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