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Sector Analysis
NewAustralia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Australia Construction Market Report Overview The Australia construction market size was $186.5 billion in 2023. The market will achieve an AAGR of more than 2% during 2025-2028. Over the forecast period, the market growth can be attributed to the investment in the housing, renewable energy, health, education, and manufacturing sectors. Furthermore, investment as part of the National Road Safety Action Plan (2023-25) will also drive market growth. The plan outlines the steps that the federal, state, and territorial governments will...
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Sector Analysis
Port Construction Projects in Asia-Pacific
The rapid pace of economic expansion in Asia-Pacific – with China, India and Vietnam among the fastest growers – registered over 6.5% annual GDP growth in 2018, which highlights the region as a major global trading area. The region includes nine of the world’s top ten ports by twenty-foot equivalent unit (TEU) volume handled. Shanghai leads in both the region and globally, with a volume of 40.2 million TEU in 2017, followed by Singapore with 33.7 million TEU. Recently, China...