London, UK (PRWEB) August 15, 2014
In 2009-2013, a CAGR of the construction industry in Russia accounted for more than 12 percent, with the growth backed up by investments in construction projects and infrastructure. However, there was a remarkable decline in construction activities in 2013.
The growth in the Russian construction market is forecast to continue following an upward trend in the forthcoming years owing to the continuous infrastructure construction and anticipated improvement of the world economic situation. As a result, the industry output may have a CAGR of approximately 7.4 percent in the years ahead. The 2018 FIFA World Cup which will take place in Russia will lead to growth of construction activities, following the boost provoked by the 2014 Winter Olympics.
In 2013, infrastructure construction accounted for the largest industry share of about 33 percent. It valued more than 81.5 billion. The national construction market is expected to register a CAGR of above 8 percent in the years to come and almost reach USD 114 billion by 2018.
New market research report “Construction in Russia – Key Trends and Opportunities to 2018” worked out by Timetric is now available at MarketPublishers.com.
Title: Construction in Russia – Key Trends and Opportunities to 2018
Date: August 4, 2014
Price: US$ 1,950.00
The research report offers a comprehensive guide to the Russian construction industry. It contains a detailed market overview including main trends and issues as well as benchmarking by market size and growth. The report covers commercial, industrial, infrastructure, institutional and residential construction; analyses material, equipment and service costs; discusses the impact of industry trends and issues. Historical and forecast valuations, company profiles and market data analysis can be also found in the research report. The study contains accurate data illustrating the historical and present performance of the Russian construction market as well as presents market forecasts through 2018.
More new research reports by the publisher can be found at Timetric page.