Commercial construction was significantly impacted by the COVID-19 pandemic, recording an output value (real) decline of 12.2% in 2020
The commercial sector is expected to register an annual growth of 1.8% in real terms in 2021, and grow at an annual average growth of 1.8% over the remaining part of the forecast period; this will be supported by the gradual recovery of tourism, wholesale and retail sectors, coupled with investments on data center projects
According to GlobalData, Japan’s data center construction pipeline totals JPY332.8 ($3.1 billion) as of September 2021
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