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Investment in transport (road, bridges and railway) construction in Africa, is set for rapid growth from US$47.1bn in 2019 to US$69bn in 2020 (in nominal terms), based on projects being tracked by GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘African Transport Networks’ reveals that growth in transport construction in Africa is being […]
Almost 60% of the US construction project pipeline value is concentrated in 10 major states
Based on data from over *11,000 tracked large-scale country wide construction projects, GlobalData, a leading data and analytics company, finds that 10 major US states account for nearly 60% of the total US construction project pipeline value (US$3.7 trillion). GlobalData’s latest report: ‘Project Insight – Construction in Key US States’ reveals that, California, Texas and […]
Confidence levels among construction industry executives continued to slide in Q2 2019
GlobalData’s Construction Confidence Index (CCI), a barometer of confidence in the global construction industry with regards to growth prospects over the short-term horizon, fell to 63.9 points in Q2 2019, down from 64.8 in Q1 2019. This marks the ninth consecutive decline in the CCI score, with the Q2 2019 figure being the lowest CCI […]
Canada’s construction industry set to reach US$304.6bn in 2023, driven by investments in infrastructure
Canada’s construction industry output value was estimated to be US$291.2bn in 2018. This is expected to grow to US$304.6bn in 2023 (measured at constant 2017 US dollar exchange rates), at a compound annual growth rate (CAGR) of 0.90%, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in Canada – Key Trends […]
EU Funds and Infrastructure push to drive construction in Bulgaria, with total output set to reach US$10.7bn in 2023
Bulgaria’s construction industry growth decelerated to 3.7% in 2018, after growing at 4.4% in 2017. The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.40% between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in Bulgaria – Key […]
Australia’s construction industry will regain momentum driven by investments in transport infrastructure, says GlobalData
The Australian construction industry, which contracted an estimated 2.8% in real terms in 2018, is expected to regain growth momentum and rise at a compound annual growth rate (CAGR) of 2.73% during the forecast period (2019–2023), supported by the government’s focus on development of transport and commercial infrastructure in the country, says GlobalData, a leading […]