Construction and real estate industry in Russia contracts by 3.4% in 2020 dragged down by COVID-19 lockdowns and economic downturn. Despite a dip in consumer and business confidence in the second quarter of 2020, construction industry already sees signs of increase towards the end of the year and is projected to pick up towards the end of forecast period. Rising infrastructure spending is projected to act as a major driver for construction sector’s recovery over the medium to long term. The industry is projected to see a 6.4% CAGR over 2020-2025, driven by rising public spending on infrastructure and supported by recovering consumer and business confidence, supporting demand for housing and non-residential construction.
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This Euromonitor industrial report provides unique information on Construction and Real Estate in Russia. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Construction and Real Estate in Russia report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of construction and real estate activities.
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